Reserve Bank of India

New Delhi: After a year of gloom and downward trend, the interest rate on bank fixed deposits may go up from April as the Reserve Bank of India (RBI) announced the restoration of the Cash Reserve Ratio (CRR) of banks. In its first monetary…

Lucknow: The Reserve Bank of India (RBI) has filed a complaint after fake notes worth Rs 1 crore was deposited in several banks in 2017 and 2018. The individual banks thereafter handed over the fake currency to RBI. Ranjana Maravi, working…

Bhubaneswar: The Reserve Bank of India (RBI) has released the national strategy for financial education for the next five years. Financial literacy of school and college-going population is the thrust of the plan. The strategy aims to…

Sambalpur: The Economic Offences Wing (EOW) of the Mumbai Crime Branch on Tuesday arrested Khirod Mallick, brother of senior BJD leader and government chief whip Pramilla Mallick. According to reports, the EOW sleuths picked up Khirod and…

Punjab National Bank (PNB) has reported a borrowing fraud of Rs 3,805 crore by Bhushan Power & Steel Ltd to the Reserve Bank of India. “It has been observed that the company has misappropriated bank funds, manipulated books of accounts…

New Delhi: The Reserve Bank of India (RBI) will look into concerns about data storage rules that have been raised by companies, a government statement said on Tuesday. The move comes months after entities such as Mastercard and Visa were…