3-day meeting of RBI’s Monetary Policy Committee begins to decide key interest rates
A 3-day meeting of the Reserve Bank of India’s Monetary Policy Committee (MPC) will begin in Mumbai today to decide…
Category: BANKING
UPI payments facing outage, NPCI flags latency
WEB DESK Digital payment users faced hindrance in processing transactions on India’s real-time payments system, Unified Payments Interface (UPI), for…
Poonam Gupta appointed as Deputy Governor of RBI
AMN Ahead of the Reserve Bank’s Monetary Policy Committee meeting scheduled from 7th to 9th of this month, the government…
Withdrawal of ₹2000 Denomination Banknotes – Status
The Reserve Bank of India (RBI) had announced the withdrawal of ₹2000 denomination banknotes from circulation vide Press Release 2023-2024/257 dated…
RBI Commemorates Completion of its 90th year
AMN / WEB DESK The Reserve Bank of India (RBI) celebrated its 90th anniversary today. To recognize this important milestone, an…
RBI plays key role in making India a global leader in digital payments: President Murmu
AMN / MUMBAI The President of India, Mrs Droupadi Murmu today graced the closing ceremony of the commemoration of 90th year of…
RBI increases charges on ATM withdrawal beyond stipulated limit
The Reserve Bank has permitted banks to increase charges on ATM cash withdrawals beyond the free monthly usage by 2…
Parliament passes Banking Laws Bill, increasing option for nominees to four from one
AMN / NEW DELHI Parliament has passed the Banking Laws (Amendment) Bill 2024 with the Rajya Sabha approving it today.…
Rupee Rises for 9th Straight Session, Closes at 85.64/USD
In the Forex market, the rupee today strengthened by 34 paise to close at 85 rupees and 64 paise against…
India’s Forex Reserves up by $305 Mn To $654.3 Bn
AMN India’s foreign exchange reserves witnessed an increase of USD 305 million, reaching USD 654.271 billion in the week ending…