Reserve Bank of India Current Affairs

RBI extends date for implementation of provisions concerning card issuance

The Reserve Bank of India has notified that it has extended the timeline for implementation…

RBI raises limit of e-mandates for transactions up to Rs 15,000 

The Reserve Bank of India (RBI) has raised the Additional Factor of Authentication (AFA) limit from Rs 5,000 to…

RBI ‘Payments Vision 2025’ seeks 3-fold jump in digital payments

RBI increase the number of digital payment transactions by more than 3X by 2025 and to…

RBI appointed Anand Mahindra and Venu Srinivasan to RBI Board

The Central Government has nominated Anand Gopal Mahindra (Chairman of Mahindra group), Venu Srinivasan (TVS Motor’s…

RBI cancelled licence of Mudhol Co-op Bank, Bagalkot, Karnataka

The Reserve Bank has cancelled the licence of The Mudhol Co-operative Bank Limited, Bagalkot (Karnataka),…

RBI raises individual housing loan limit for co-operative banks

The Reserve Bank of India (RBI) has raised the limits for individual housing loans being…

RBI Monetary Policy: RBI raises repo rate by 50 bps to 4.90%

The six-member Monetary Policy Committee (MPC) led by RBI Governor Shaktikanta Das voted unanimously to raise repo rate by 50…

RBI releases provisioning norms for upper-layer NBFCs

The Reserve Bank of India (RBI) has released the provisioning guidelines for outstanding loans extended by 'NBFC-Upper Layer'.…

RBI issues norms for gold import by qualified jewellers through IIBX

The Reserve Bank of India (RBI) has issued norms for facilitating physical import of gold…

RBI formed panel to review customer service standards in banks, NBFCs

The Reserve Bank of India has set up a committee to review the efficacy, adequacy and quality of customer service…