RBI

New Delhi: It will become easy for visually impaired persons to identify currency notes now. The Reserve Bank of India (RBI) has included several tactile features in currency notes for their benefit. Senior advocate Venkatesh Dhond,…

New Delhi: The Reserve Bank of India (RBI) has changed the ATM rules with regard to cash withdrawal. Some of the revised rules include a new limit on free ATM transactions, increased charges for transactions beyond the free permissible…

New Delhi: The Reserve Bank of India (RBI) will provide a term-liquidity facility of Rs 50,000 crore to ease access of funds for emergency medical services to tide over the COVID-19 pandemic, RBI Governor Shaktikanta Das said in an…

New Delhi: In view of the second wave of coronavirus cases, the Reserve Bank of India (RBI) on Wednesday asked banks and other regulated financial entities not to impose any punitive restriction against customers for failure to update KYC…

Mumbai: The Real Time Gross Settlement (RTGS) service will not be available for 14 hours on April 18 to facilitate a technical upgrade, Reserve Bank of India (RBI) announced on Monday. The National Electronic Fund Transfer (NEFT) service…

New Delhi: The Reserve Bank of India (RBI) has decided to maintain key policy rates at the present levels, RBI Governor Shaktikanta Das said on Friday. Saying that the “need of the hour is to back growth”, Das informed that the repo rate…

Mumbai: The ‘Positive Pay’ system for cheque transactions above Rs 50,000 came into force on January 1. The Reserve Bank of India (RBI) has decided to implement it to enhance safety of cheque-based transactions. So what is the Positive Pay…

New Delhi: Banks will be closed for 56 days in the coming year, according to the holiday list for 2021 released by the Reserve Bank of India (RBI). The RBI said the holidays have been decided according to different states. Some holidays…

Bhubaneswar: India will emerge as one of the few countries in the world when the Real Time Gross Settlement System (RTGS) will be available 24x7 from Sunday midnight. In a release, the Reserve Bank of India stated that the RTGS has come…

New Delhi: The Reserve Bank of India (RBI) has asked HDFC Bank to temporarily stop all launches of its upcoming digital business-generating activities and sourcing of new credit card customers, the bank said on Thursday. The RBI directive…