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Searched Tag: RBI
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RBI to ease cross-border payment approvals

June 13, 2026, 05:18 PM - 3 min read

RBI plans simpler cross-border payment approvals under Payments Vision 2028 to ease trade for MSMEs and exporters, says an EY report.

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RBI kept the repo rate unchanged at 5.25 pc as rising oil prices, West Asia tensions, rupee weakness and inflation risks cloud the outlook.

RBI keeps repo rate unchanged for second time in row

June 5, 2026, 11:32 AM - 3 min read

Announcing the second bi-monthly monetary policy for the current fiscal, RBI Governor Sanjay Malhotra said the Monetary Policy Committee (MPC) has unanimously decided to retain the short-term lending rate or repo rate at 5.25 per cent with a neutral stance.

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RBI lowers GDP growth forecast to 6.6 pc

June 5, 2026, 10:28 AM - 3 min read

Announcing the monetary policy, RBI Governor Sanjay Malhotra said several high-frequency indicators suggest that domestic economic activity has remained largely steady since the West Asia conflict began

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RBI dismisses gold sale rumours

June 3, 2026, 06:19 PM - 4 min read

The clarification came in response to media reports claiming that the central bank may have liquidated gold worth nearly USD 12 billion to protect India's foreign exchange reserves amid the economic impact of the ongoing conflict in West Asia.

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Actor Manoj Bajpayee.

Manoj Bajpayee to play RBI governor in ‘Governor’

June 2, 2026, 02:58 PM - 4 min read

Inspired by real events, the film explores the severe financial turmoil that gripped the country during the 1991 economic crisis.

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RBI plans to introduce polymer banknotes to cut costs

May 29, 2026, 05:38 PM - 3 min read

RBI is considering introducing polymer banknotes in India amid rising currency demand and higher printing and disposal costs.

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Govt finances not as rosy as made out to be: Jairam Ramesh

Govt finances not as rosy as made out to be: Jairam Ramesh

May 26, 2026, 04:44 PM - 3 min read

The Reserve Bank of India (RBI) on Friday announced a record dividend of Rs 2.87 lakh crore to the government for the year ended March 2026, providing a financial boost for the exchequer amid rising import bills and supply chain disruptions due to the West Asia conflict.

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Reappointment norms Urban Co-op Bank directors tightened

May 25, 2026, 08:29 PM - 2 min read

RBI has stipulated that a director cannot hold the post continuously for more than 10 years and the reappointment can happen only after a compulsory three-year cooling-off period

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Punjab Finance Minister Harpal Singh Cheema

Centre treating RBI like ‘personal treasury’:  Cheema

May 23, 2026, 07:10 PM - 4 min read

He claimed that the Narendra Modi government was treating the RBI like its “personal treasury” to handle the fiscal deficit instead of ensuring states received their rightful share. 

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Govt appoints Rohit Jain as RBI Deputy Governor

May 2, 2026, 04:20 PM - 3 min read

The Centre has appointed Rohit Jain as RBI Deputy Governor for three years from May 3, replacing T Rabi Sankar, with the internal elevation signalling continuity as the central bank navigates global uncertainty and regulatory challenges.

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Reserve Bank of India says 98.47% of Rs 2,000 notes returned since 2023 withdrawal; Rs 5,451 crore still in circulation.

98.47 per cent of ₹2,000 notes returned

May 1, 2026, 07:22 PM - 2 min read

"Thus, 98.47 per cent of the Rs 2000 banknotes in circulation as on May 19, 2023, have since been returned," the Reserve Bank said in a statement.

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West Asia crisis: RBI extends export credit relief till June 30

March 31, 2026, 06:57 PM - 2 min read

The Reserve Bank of India (RBI) on Tuesday extended the enhanced export credit period of up to 450 days for both pre-shipment and post-shipment finance for disbursals made until June 30, citing ongoing logistical challenges linked to the West Asia crisis.

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