Reserve Bank of India

Banks are likely to decline auto payments from April 1 as all recurring transactions using cards and prepaid payment instruments

Amid reports that the Reserve Bank of India (RBI) is planning to withdraw the old series of currency notes fo rupees hundred, the RBI has finally opened up on it.

The Union government on Wednesday announced approval to a decision to bring 1,540 cooperative banks under the purview of Reserve Bank of India.

The Reserve Bank of India on Monday said it was ready to take any policy measure to mitigate the effects of the coronavirus outbreak on the economy.

Banking operations across India could be hit today as employees of two bank unions are sitting on a 24-hour bank strike from this morning and another bank union have extended full support.

RBI has imposed restrictions under Section 35A of the Banking Regulation Act, 1949 on PMC Bank and customers are not allowed to withdraw more than ₹1,000.

RBI Deputy Governor Viral Acharya resigns six months before his term ends, to return and would be heading to the New York University to teach.

The Reserve Bank Of India is all set to issue new Rs.20 notes in the Mahatma Gandhi series and the base colour will be greenish yellow. The new denomination will have a signature of Governor…

According to a document of the Reserve Bank of India (RBI), the central bank will soon introduce a new Rs 20 currency note with additional features. It is to be noted that the RBI has…

Expanding payments services to its 200 million users in India, WhatsApp chief has written a letter to Reserve Bank of India (RBI), seeking a formal nod. The Facebook Owned company has…

The rift between the government and India’s central bank seems to have widened and it could lead to the resignation of Reserve Bank of India (RBI)'s governor Urjit Patel, reported CNBC TV…

The Indian Rupee dropped 43 paise to a lifetime low of Rs 73.34 against US dollar in opening deals on Wednesday, reported PTI. This all-time low rupee comes after a sharp rise in global…