Reserve Bank of India Current Affairs

RBI releases framework for Facilitating Small Value Digital Payments in Offline Mode

The Reserve Bank has placed on its website the ‘Framework for facilitating small value digital…

RBI allowed SFBs as Agency Bank to conduct Govt Business

The Reserve Bank of India (RBI) has thrown open the government agency business like tax…

RBI enforces 20-digit LEI for cross-border deals

The Reserve Bank of India (RBI) Make Legal Entity Identifier (LEI) Mandatory for cross-border transactions for capital or…

RBI imposed restrictions on Nagar Urban Co-operative Bank

The Reserve Bank of India has imposed several restrictions on Nagar Urban Co-operative Bank Ltd, Ahmednagar,…

RBI imposes Rs 1 Crore penalty on SBI For violating norms

The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore…

RBI released a report of Working Group on Digital Lending

A working group constituted by the Reserve Bank of India on digital lending through online…

The Reserve Bank introduces Internal Ombudsman mechanism for select Non-Banking Financial Companies (NBFCs)

The Reserve Bank of India has announced to introduce the Internal Ombudsman mechanism for following two types…

RBI projects CPI inflation at 5.3% for 2021-22

India’s retail inflation rate, measured by the Consumer Price Index or CPI, rose mildly in…

RBI launches its First Global Hackathon named ‘HARBINGER 2021’

The Reserve Bank of India has launched its first global hackathon named ‘HARBINGER 2021 – Innovation…

RBI to launch web-based supervisory system

The Reserve Bank of India will launch a web-based supervisory system that will enable off-site…