RBI
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Economy
RBI all set to introduce its Digital Payments Intelligence Platform
RBI's new DPIP aims at solving these issues, observing these payments at a network-intelligence level and restoring the customer's faith…
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Economy
Fitch ratings elevates India’s FY25 growth forecast to 7.2%, Signaling economic boom
India's growth outlook for the next two fiscal years, FY26 and FY27, is kept at 6.5 percent and 6.2 percent,…
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Main News
India brings 100 tons of gold to vaults from UK
With this recent relocation, the RBI has successfully demonstrated the nation’s capacity to be handling it’s gold reserves and it’s…
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Economy
Unclaimed bank deposits surge 26% to Rs 78,213 crore: RBI report
New guidelines issued to help return funds to rightful owners; Centralized web portal launched.
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Business News
RBI cracks down on Edelweiss ARC & ECL Finance
The RBI has barred both the companies from acquiring new loans and financial assets as it has found them “acting…
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Economy
Size of RBI’s balance sheet is now 2.5 times that of Pakistan’s GDP
The RBI's annual financial report revealed an 11% increase in its balance sheet size, reaching Rs 70.48 lakh crore (around…
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Economy
India is on the cusp of a long-awaited economic take-off: RBI
The report focuses on rising aggregate demand to highlight the personal consumption spaces and opportunities, suggesting a growth in the…
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Main News
Kotak Mahindra Bank ordered to cease issuing new credit cards, accepting new customers via mobile and internet banking
The RBI’s stringent action is a consequence of the bank’s failure to rectify various shortcomings identified in the RBI’s IT…
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Main News
More than 97% of Rs 2000 notes returned since May 2023: RBI
If one still has these notes and wants to exchange them or deposit an equivalent sum worth the notes into…
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Crime
Tamil Nadu woman cheats people of lakhs with loan scam using RBI’s name and fake signatures
Pavitra, a resident of Hosur, the prime accused, duped victims by using fake signatures of the Finance Minister and faking…
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