Reserve Bank of India Current Affairs

RBI sells $13 billion in August to hold rupee at 80

RBI sells $13 billion in August to hold rupee at 80: The Reserve Bank of…

RBI imposes fine on three entities for failing to comply

RBI imposes fine on three entities for failing to comply: The Reserve Bank of India…

Digital currency to reduce time, cost for cross-border transactions

Digital currency to reduce time, cost for cross-border transactions: RBI Deputy Governor, T Rabi Sankar has…

RBI selected Precision and HDFC Bank for retail payments test phase

RBI selected Precision and HDFC Bank for retail payments test phase: RBI has selected HDFC Bank and…

Services exports rise 20.2% to $23.26 billion in July 2022: RBI data

As per the Reserve Bank India data, the services exports of India has been increased by…

RBI imposes restrictions on Thodupuzha Urban Co-operative Bank

The RBI has imposed certain restrictions on Kerala-based, Thodupuzha Urban Co-operative Bank for a period of six months (August…

RBI lifted restrictions on American Express Banking Corp

The Reserve Bank of India has lifted the business restrictions on American Express Banking Corp and allows…

RBI becomes Net Seller in June 2022 by selling 3.719 billion USD

Reserve Bank of India has become the net seller of the US currency in June 2022 after selling USD…

RBI cancels licence of Deccan Urban Co-operative Bank

The Reserve Bank of India has canceled the licence of Deccan Urban Co-operative Bank, Karnataka the lender does not have…

RBI issues Digital lending norms to curb malpractices

RBI has issued the regulatory framework to make digital lending safe for customers. The RBI has mandated that digital…