Thursday, April 18, 2024

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Reserve Bank of India

Loan documents must be released within 30 days of full repayment, ₹5,000 penalty per day for delay: RBI announces major benefit for borrowers

RBI stated that banks and NBFCs have to release documents of properties and collateral mandatorily within 30 days.

RBI governor Shaktikanta Das rated A+ in Central Banker Report Card 2023 by Global Finance magazine

Reserve Bank of India Governor Shaktikanta Das has been rated A+ in the Global Finance Central Banker Report Cards 2023 by the Global Finance magazine.

The claim of missing ₹500 notes: Exclusive details of how data from documents obtained under RTI was misinterpreted and ignored to make an explosive...

The Free Press Journal claim that 1760.65 million pieces of ₹500 notes supplied by presses in 2016-17 is wrong, based on misinterpretation of data

Rs 2000 notes withdrawal to boost deposits, consumption, among other parameters, argues SBI Research

Adding to the Rs 2000 banknote deposits, some of the sectors -- Refinery, Oil and Gas, Power, and Chemicals -- which reported improved cash and bank balance, according to the report, are believed to be more active in parking funds with banks.

‘Erroneous interpretation of information collected under RTI’ – RBI dismisses claims of missing notes

Furthermore, RBI added that there is a robust system in place for the reconciliation of banknotes printed at the presses and supplied to RBI that includes protocols to monitor the production, storage, and distribution of banknotes.

Around half of 3.62 lakh crore ₹2000 notes in circulation deposited by people into banks: RBI governor Shaktikanta Das

The Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said 50 per cent of the to-be-withdrawn Rs 2,000 notes came back to the system.

Govt to issue ₹75 commemorative coin on the occasion of inauguration of the new parliament building

The finance ministry announced that a ₹75 Commemorative Coin will be issued on the occasion of the Inauguration of the New Parliament Building

Don’t rush to the bank, says RBI Governor: Read what he said about the currency note being withdrawn and the deadline to deposit

Reserve Bank of India Governor Shaktikanta Das on Monday reiterated that Rs 2000 notes will continue to be a legal lender

As Prakash Raj spreads fake news, here are the statements of Raghuram Rajan about the Modi govt consulting RBI before demonetisation

In April 2018, Raghuram Rajan dismissed the notion that Modi government did not consult the RBI before demonetisation.

‘No consideration to levy charges on UPI services’: Clarifies Finance Ministry, says cost of service providers will be recovered through other means

Responding the media reports claiming that RBI is proposing to impose service charge on UPI, finance ministry said there is no such consideration

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