Reserve Bank of India Current Affairs

The Reserve Bank of India (RBI) has announced a $10 billion foreign exchange (forex) swap to inject liquidity into the banking system and address the prevailing cash crunch. The three-year swap auction is scheduled for February 28, 2025. This action follows a $5 billion forex swap from last month, demonstrating the central bank’s commitment to ensuring liquidity stability. The banking […]

The Reserve Bank of India (RBI) has launched RBIDATA, a mobile application that allows users to easily access macroeconomic and financial data concerning the Indian economy. This app is tailored for a diverse audience, including researchers, students, policymakers, and the general public, providing a structured and interactive platform to explore more than 11,000 economic data

The Reserve Bank of India (RBI) has taken decisive action against three financial institutions—Shriram Finance, Ujjivan Small Finance Bank, and The Nainital Bank Limited—by imposing monetary penalties due to their failure to comply with various regulatory standards. These penalties were enforced under the Banking Regulation Act, 1949, following the RBI’s Inspection for Supervisory Evaluation (ISE

The Reserve Bank of India (RBI) has announced a major liquidity fusion of ₹2.5 lakh crore into the banking system via a Variable Rate Repo (VRR) auction. This action is intended to tackle the existing liquidity shortfall in the financial system, which has been affected by several economic factors. The liquidity assistance will aid in

The Reserve Bank of India (RBI) has announced the release of new ₹50 banknotes that will feature the signature of its newly appointed Governor, Sanjay Malhotra. Malhotra assumed office as the 26th RBI Governor in December 2024, taking over from Shaktikanta Das. These new banknotes will follow the existing design of the Mahatma Gandhi (New)

In a significant decision aimed at ensuring financial stability and supporting banks, the Reserve Bank of India (RBI) has postponed the implementation of Liquidity Coverage Ratio (LCR) and project financing guidelines by a year. The earliest implementation date is now set for March 31, 2026. This decision comes in response to worries expressed by both public and private sector

In a major step towards improving digital payment security, the Reserve Bank of India (RBI) has revealed plans to introduce Additional Factor Authentication (AFA) for cross-border “Card Not Present” (CNP) transactions. This initiative is designed to safeguard international transactions made with Indian-issued cards, making them as secure and resistant to fraud as domestic transactions. As

In a major step towards improving cybersecurity and fostering trust in digital banking, the Reserve Bank of India (RBI) has revealed plans to introduce unique internet domain names for Indian banks and financial institutions. Indian banks will now use the domain ‘Bank.in’, while non-banking financial entities will be given ‘Fin.in’. This initiative, announced by RBI