Over 80 years after its inception, the Reserve Bank of India (RBI) on Saturday decided to switch to April-March fiscal year from the current July-June format as its accounting year to align with the Central government.
RBI Assistant Prelims 2020: Candidates should note that the RBI Assistant Prelims 2020 exams would be conducted on February 14 and 15, 2020. Lakhs of candidates will appear for the exam to fetch RBI Assistant Recruitment 2019-2020.
On the eve of the first tranche of the long-term repo operations (LTROs) announced on February 6, the Reserve Bank on Thursday said it will be conducted on a fixed-rate basis and the interest rate will remain fixed for the tenor of the operation.
The State Bank of India today announced a 5 basis point cut in its Marginal Cost of Funds-Based lending rates (MCLR). So effectively, interest rates on all home loans or any other loan linked to MCLR will go down. In this article, we try to explain how MCLR cut will impact you vis-a-vis EMIs.
The Reserve Bank of India has tweaked maintenance of cash reserve ratio (CRR) norms by providing relaxation in calculation of total deposits. The move will encourage lending towards these targeted sectors having multiplier effect by banks as they will get exemption in CRR over incremental lending.
RBI pegged India's growth rate in the next financial year at 6% and 5% in the current fiscal and decided to maintain the status quo on the benchmark interest rate.
RBI Monetary Policy: The Reserve Bank of India maintained its status quo by keeping repo rate unchanged at 5.15 per cent saying it will continue with the accommodative stance as long as it takes.
RBI Assistant Admit Card 2020: The Reserve Bank of India has released the RBI Assistant Admit Card today. Students should read on to know the steps to download their RBI admit card. A direct link to download the RBI Assistant Admit Card 2020 has also been provided.
RBI Assistant 2020: Candidates seeking jobs with RBI should read the below information to know about the salary details, eligibility criteria and more. It should also be noted that today is the last date to apply to RBI job vacancies under RBI recruitment 2020.
The Reserve Bank of India (RBI) included the National Population Register (NPR) letter as an officially valid document (OVD) for Know Your Customer (KYC) verification for opening bank accounts or applying for credit cards. RBI's decision has triggered panic in Central Bank of India's branch in Thoothukkudi, Tamil Nadu.
RBI new Debit card, Credit card rules: Amid rise in banking fraud cases, the Reserve Bank of India introduced several new guidelines to secure debit cards and credit cards. RBI issued new rules for debit and credit cards to improve the convenience and security of card transactions.
RBI new Debit, Credit card rules: The Reserve Bank of India or RBI on Wednesday issued new rules for debit and credit cards to improve convenience and security. RBI has also asked banks to allow only domestic card transactions at ATMs and PoS terminals in India at the time of issuance/reissuance of card.
The RBI on Wednesday asked banks and other card-issuing companies to provide a facility to customers to switch on and off their debit or credit cards, a move aimed at enhancing security for digital transactions.
Nearly six months after Viral Acharya resigned as the RBI deputy Governor, there is finally a replacement, on Tuesday the apex bank appointed Executive Director Micheal Patra to the post. Michael Debabrata Patra has been appointed for three years, according to a statement by the Appointments Committee of the Cabinet. Patra replaced Acharya, who left office on July 23.
RBI alert: The Reserve Bank of India (RBI) issued a notice restricting the banking operations of Sri Gururaghavendra Sahakara Bank Niyamitha (SGRSBN) bank and has put restrictions on cash withdrawals for the account holders of the bank. The maximum cash withdrawal limit for SGRSBN Bank now stands at Rs 35,000.
The Reserve Bank of India (RBI) on Friday tweaked the norms for imposing penalties on payment system operators for not complying with regulatory requirements, with a view to ensure safety and security to various stakeholders, including customers.
RBI Assistant 2020: Reserve Bank of India (RBI) has invited the applications for the RBI Assistant 2019. The registration process had begun on December 23, 2019 and RBI has 926 vacancies for the Assistant post. Here's how to apply
When the Narendra Modi government, stumped by the sudden resignation of Urjit Patel, parachuted retired bureaucrat Shaktikanta Das to RBI in December 2018, many expected a great lull in the public acrimony that marred the days of his academically more illustrious predecessors Patel and Raghuram Rajan.
The Reserve Bank has introduced a new type of prepaid payment instrument (PPI) which could be used only for the purchase of goods and services up to a limit of Rs 10,000 per month.
In the bank advances category, there were 3,606 number of fraud cases involving Rs 64,548 crore reported in 2018-19.
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