March 29, 2024 13:44 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
PM Modi has mastered art of manipulating democracy, hurting Constitution: Mallikarjun Kharge | Mafia-turned-politician Mukhtar Ansari dies of cardiac arrest at 63 | NIA arrests key conspirator in Bengaluru cafe blast case | Actor Govinda returns to politics after 14 years of 'vanvas', joins Eknath Shinde camp | 'To browbeat and bully others is vintage Congress culture': PM posts after 600 lawyers write to CJI

RBI to temporarily stop exchange/ deposit of 2,000 banknotes on Apr 1

Mumbai: The Reserve Bank of India (RBI) has announced that the exchange or deposit of Rs 2,000 banknotes will not be available on Monday, April 1, 2024, at its 19 issue offices nationwide.

India's foreign exchange reserves grow by $6.396 billion to $642.492

Mumbai: India's foreign exchange kitty fattened by $6.396 billion to $642.492 billion for the week ending on March 15, as per the statement from the Reserve Bank on Friday.

All agency banks to remain open for public on March 31: RBI

New Delhi: All banks dealing with government receipts and payments will remain open on Sunday, March 31, to account for all the transactions in the financial year 2023-24.

Persistently high food prices hindering drop in inflation to 4%: RBI Bulletin

New Delhi: Food price pressures are hindering a more rapid decline in retail inflation towards the Reserve Bank's target of 4 percent, according to an article in the central bank's March Bulletin.

Paytm Payments Bank likely to lay off employees amid uncertainty after RBI restrictions: Report

Mumbai: Paytm Payments Bank Limited (PPBL) may cut down its workforce by around 20 percent due to uncertainty about the bank's future, Reuters reported.

Paytm FASTag users must procure tag from another bank by Mar 15: NHAI

New Delhi: In line with the guidelines issued by the Reserve Bank of India (RBI) regarding restriction on Paytm Payments Bank Limited, the NHAI on Wednesday advised Paytm FASTag users to procure new FASTag before March 15, 2024.

NPCI likely to grant TRAP licencse to Paytm: Report

New Delhi: The National Payments Corp of India (NPCI) is expected to grant a third-party application provider (TPAP) license to Paytm, previously known as One 97 Communications, by March 15, media reports said.

India's forex reserves grow by $6.55 billion to $625.626 billion: RBI data

New Delhi: India's foreign exchange reserves surged by $6.55 billion to reach $625.626 billion for the week ending March 1, according to data released by the Reserve Bank of India announced on Friday.

RBI, Bank Indonesia sign MoU to promote local currencies for bilateral transactions

New Delhi: The Reserve Bank of India (RBI) and the Bank Indonesia (BI) on Thursday signed a Memorandum of Understanding (MoU) for establishing a framework to promote the use of local currencies for cross-border transactions.

85% of Paytm wallet won't face interruptions due to regulatory actions: RBI Governor

New Delhi: Around 80-85% of Paytm wallet users will not face any interruptions due to regulatory actions, RBI Governor Shaktikanta Das stated on Wednesday.

India's FY24 GDP growth rate could near 8%: RBI Governor Shaktikanta Das

New Delhi: The Indian economy's GDP growth for the current fiscal year ending in March might be close to 8%, Reserve Bank of India (RBI) governor Shaktikanta Das said in an interview with ET Now on Wednesday.

RBI prohibits JM Financial Products from financing against shares and debentures

Mumbai: The Reserve Bank of India (RBI) on Tuesday said that JM Financial Products Ltd is barred from offering any type of financing involving shares and debentures, including granting loans against initial public offerings, effective immediately, media reports said.

NEFT witnesses highest ever daily transaction on Feb 29

Mumbai: The Reserve Bank of India (RBI) announced on Friday that the National Electronic Funds Transfer (NEFT) recorded its highest-ever daily transaction volume of Rs 4.10 crore on February 29, 2024.

RBI revises norms related to Regulatory Sandbox scheme

Mumbai: The Reserve Bank of India Wednesday made some adjustments to the guidelines for the Regulatory Sandbox (RS) program.

Vijay Shekhar Sharma steps down from Paytm payments bank board amid crisis

Paytm Monday informed that Vijay Shekhar Sharma would step down as non-executive chairman and board member of its payments bank's unit.