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RBI

RBI World’s First Central Bank With One Million Followers On Twitter

indbadmin Nov 22, 2020

Mumbai: The Reserve Bank of India (RBI) has achieved a rare milestone by becoming the world’s first central bank with 1 million followers on social media platform Twitter. “RBI Twitter account reaches one million followers today. A new…

RBI Cites Example Of Odisha Government In Fiscal Risk Management

indbadmin Oct 28, 2020

Bhubaneswar: The Reserve Bank of India (RBI) has praised the fiscal management of Odisha government and cites its example on measures to mitigate fiscal risks arising out of amortisation of the open market borrowing and foreign currency…

Now Pay Extra To Withdraw Cash From ATMs! Know More

indbadmin Oct 24, 2020

New Delhi: Now you will have to pay an extra charge on withdrawing more than Rs 5,000 from an ATM. This comes in the backdrop of Reserve Bank of India (RBI) preparing to change the ATM withdrawal rule after eight years, DNA reported. This…

RTGS Payment System To Be Available 24×7 From December

indbadmin Oct 9, 2020

Mumbai: Reserve Bank of India Governor Shaktikanta Das on Friday announced that the Real Time Gross Settlement (RTGS) payment system will be available round the clock from December 2020 to make online fund transfers smooth. The RTGS system…

Currency Notes Carriers Of Coronavirus, Says RBI

indbadmin Oct 5, 2020

New Delhi: The currency notes that we exchange every day are potential carriers of coronavirus. Confirming this, the Reserve Bank of India (RBI) has said that the government must announce incentives to encourage digital payments, as per the…

Coronavirus Spread: Waive Bank Charges for Digital Transactions, CAIT Urges Centre

indbadmin Oct 4, 2020

New Delhi: The Confederation of All India Traders (CAIT) on Sunday said the Central government should waive the bank charges levied for digital transactions as the RBI has affirmed the possibility of currency notes being the potential…

Switch From CPF To Pension, Last Option Here: RBI To Its Employees

indbadmin Sep 16, 2020

Bhubaneswar: The Reserve Bank of India (RBI) has agreed to offer its employees an option to switch over to pension facility from the contributory provident fund (CPF), under RBI Pension Regulations, 1990. It was a long-standing demand by…

Cooperative Banks Under RBI: LS Passes Banking Regulation (Amendment) Bill, 2020

indbadmin Sep 16, 2020

New Delhi: The Lok Sabha on Wednesday passed the Banking Regulation (Amendment) Bill, 2020, which is aimed to bring cooperative banks under the supervision of Reserve Bank of India. The bill, moved by Finance Minister Nirmala Sitharaman,…

Printing Of ₹2000 Notes Stopped In 2019!

indbadmin Aug 25, 2020

New Delhi: The Reserve Bank has stopped printing ₹2,000 notes to slowly phase it out of circulation, a top government official told ThePrint. No new ₹2000 note was printed in the year 2019-20 according to RBI data. These notes, however,…

Major Highlights Of RBI’s Bi-Monthly Monetary Policy Resolutions

indbadmin Aug 6, 2020

Mumbai: In a statement that sets out various developmental and regulatory policy measures to enhance liquidity support for financial markets and other stakeholders, the resolution of the Monetary Policy Committee (MPC) of RBI on Thursday…

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