Reserve Bank of India
RBI Monetary Policy KEY HIGHLIGHTS: Governor Shaktikanta Das led committee leaves interest rates unchanged at 4 pct; GDP projected at 10.5% in next fiscal
Fri, Feb 05, 2021
RBI Monetary Policy LIVE UPDATES: Reserve Bank of India (RBI) today decided to leave benchmark interest rate unchanged at 4 per cent but maintained an accommodative stance, implying rate cuts in the future if need arises to support the economy hit by the COVID-19 pandemic.
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RBI Recruitment 2021: Vacancies alert! Many officers posts up for grabs, check rbi.org.in to apply
Thu, Feb 04, 2021
The Reserve Bank of India has invited application for 322 posts. The recruitment is made for the post of Officers in Grade ‘B’(DR)- General, Officers in Grade ‘B’(DR)- DEPR and Officers in Grade ‘B’(DR)- DSIM.
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Bank Holidays February 2021: First holiday on February 12, check other 5 RBI-sanctioned holidays this month
Mon, Feb 01, 2021
Bank Holiday Calendar 2021: Everyone has banking needs and we often have to frequently visit banks for various reasons. Ranging from opening bank accounts, transferring money to updating our KYC details.
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Bank Holidays February 2021: Confirmed FULL LIST! RBI says banks will remain closed on these six days
Thu, Jan 28, 2021
Bank Holiday Calendar 2021: Everyone has banking needs and we often have to frequently visit banks for various reasons. Ranging from opening bank accounts, transferring money to updating our KYC details.
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RBI Grade B 2021 Notification News: Bumper vacancies at Reserve Bank of India! Check how to apply online at rbi.org.in
Tue, Jan 26, 2021
RBI Grade B 2021 Notification: Banking job aspirants have a big opportunity to get hired at the Reserve Bank of India (RBI). The RBI will soon issue job notification for the post of Grade B officers.
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RBI remains steadfast to take any further measures to support growth: Shaktikanta Das
Sat, Jan 16, 2021
Reserve Bank of India (RBI) Governor Shaktikanta Das on Saturday said the central bank remains steadfast to take any further measures as may be required to support growth without compromising on financial stability.
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Mobile payment without internet to soon become reality in India
Thu, Jan 07, 2021
Digital payments, which were believed to be possible and dominated only by the internet-connected smartphone user segment, will soon be available to every mobile user in India including those using a non-smartphone or a ‘feature’ phone means a phone that doesn't have an internet connection.
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New cheque payment rule is now in effect from Jan 1, 2021- All you need to know
Wed, Jan 06, 2021
The Reserve Bank of India (RBI) has introduced a new rule for cheque payments from January 1, 2021. It is called 'positive pay system' for cheques, under which re-confirmation of key details may be needed for payments beyond Rs 50,000. Availing of this facility would be at the discretion of the account holder. However, banks may consider making it mandatory in case of cheques for amounts of Rs 5 lakh and above. Here is everything about this new rule for cheque payments.
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SBI to roll out new cheque book system from January 1 | All you need to know about RBI’s Positive Pay System to stop banking frauds
Wed, Dec 30, 2020
New cheque book rules: The action by SBI comes after the Reserve Bank of India (RBI) ordered banks to start a 'positive pay system' for cheques from January 1, 2021.
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RBI Monetary Policy Meet: Pause for now, but not the end of the easing cycle, says Edelweiss
Thu, Dec 03, 2020
Inflation has been sticky since and a much-anticipated reversal in food spike has eluded so far. Edelweiss, hence, expects the RBI to maintain the status quo on rates at its forthcoming policy review on 4 th December, as it awaits a more sizeable and durable fall in headline inflation. A potential pause on rates, though, is not necessarily the end of the rate-cutting cycle. Edelweiss expects inflation to ease towards 5% or below over the next few months, and this should facilitate 25–50bps of rate cuts. The RBI itself has hinted that there is room for further rate cuts once inflation eases.
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RBI MPC meet: Shaktikanta Das-led panel likely to keep repo rate unchanged, maintain accommodative stance
Wed, Dec 02, 2020
With signs of economic recovery in Q2FY21 and healthy macro-economic data points emerging, the Shaktikanta Das led RBI monetary policy committee is likely to keep repo rate unchanged while maintaining an accommodative stance.
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Board may consider applying for banking license after RBI guidelines are out: George Alexander Muthoot
Tue, Dec 01, 2020
George Alexander Muthoot, Managing Director, Muthoot Finance, talks about rejection of the proposal to acquire IDBI Mutual Fund, RBI’s working committee recommendations and gold loan demand among others during a candid chat with Swati Khandelwal, Zee Business
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RBI panel's suggestion 'rightfully' puts greater onus on promoters: Hinduja
Sun, Nov 22, 2020
Applauding the recommendation of the RBI to increase the shareholding of bank`s promoters in the bank, Ashok Hinduja, Chairman of the Hinduja Group of Companies (India), said that the report rightfully puts a greater onus on the promoter-shareholders to exercise oversight through a higher shareholding limit
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