RBI issues revised norms for hiring of bank lockers

Mumbai: The Reserve Bank on Wednesday came out with revised guidelines for the hiring of lockers…

From October, banks, WLAOs to pay fine if ATMs run out of cash: RBI

Five years since the spectre of cashless ATMs haunted the country during demonetisation, the Reserve Bank…

Digital currency model likely by the end of year: RBI

The Reserve Bank of India (RBI) expects to come out with a model for operations of…

RBI keeps policy rate unchanged for 7th time in a row; repo retained at 4 pc

Mumbai: The Reserve Bank of India (RBI) on Friday decided to keep benchmark interest rate unchanged…

Sensex, Nifty open marginally higher ahead of RBI’s Monetary Policy

Mumbai: Equity benchmark indices Sensex and Nifty opened marginally higher on Friday ahead of the Reserve…

RBI bars Mastercard from issuing new cards from July 22

Mumbai: In a major supervisory action, the Reserve Bank on Wednesday indefinitely barred the US-based Mastercard…

RBI imposes penalty on 14 banks for violation of norms

The Reserve Bank of India (RBI) imposed monetary penalties – ranging between ₹ 50 lakh to…

RBI imposes penalties on 4 cooperative banks

Mumbai: The Reserve Bank on Tuesday said it has imposed penalties on four co-operative banks, including…

Further rate cuts not likely, RBI may retain accommodative stance

The Monetary Policy Committee (MPC) of the RBI on Wednesday kicked off its three-day deliberations with…

Restoring livelihoods has become an imperative, says RBI Governor

The situation has reversed from being on foothills of strong economic recovery to facing a fresh…