Tag: RBI

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Concessional swap facility attracts USD 56.85 bn forex inflows: RBI

Mumbai, Aug 14: The Reserve Bank on Friday said its concessional swap facility, introduced to encourage foreign currency inflows, has attracted USD 56.84 billion...

RBI has proactively helped UCBs; cooperatives should look at regulator differently: Shah

Mumbai, Aug 8: Union Minister of Cooperation Amit Shah on Saturday urged urban cooperative banks (UCBs) to look at the RBI from a "different...

RBI bars banks from disabling mobile devices of defaulting borrowers

Mumbai, Aug 6: Banks cannot disable mobile phones and laptops of defaulting borrowers to recover personal, car, or home loans, except in cases where...

RBI targeting polymer currency notes launch in early FY28: Guv Malhotra

Mumbai, Aug 5: Governor Sanjay Malhotra on Wednesday said the Reserve Bank of India is targeting to launch long-lasting polymer currency notes at the...

RBI keeps policy rate unchanged for third time in row amid West Asia crisis

Mumbai, Aug 5: In an expected move, the Reserve Bank of India on Wednesday kept key interest rates unchanged for the third time in...

Ensure uniform deposit rates across all branches: RBI tells banks

Mumbai, Jul 30: The RBI on Thursday said banks will have to offer uniform interest rates on deposits across all branches, without discrimination for...

How the Middle East Conflict is Reshaping India’s Macroeconomy

By Dipak Kurmi The modern globalized economy operates as a highly interconnected lattice, where a tremor in a critical geopolitical chokepoint can rapidly transform into...

India records USD 4.7 bn current account surplus in April: RBI data

Mumbai, Jun 15: India recorded a current account surplus of USD 4.7 billion in April as against a deficit of USD 4.8 billion in...

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