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Reserve Bank of India

Rs. 500 and Rs. 1000 bills, no longer legal tender

Mumbai, India, November 9, 2016/Team Estrade//-- In a surprise television address, Narendra Modi, Hon'ble Prime Minister of India, announced the scrapping of Rs. 500...

Indian banks can issue masala bonds: RBI

The Reserve Bank of India (RBI) on Thursday said Indian banks can issue masala bonds or rupee-denominated bonds issued overseas to augment their capital...

RBI eases norms for foreign investment in startups

The Reserve Bank of India (RBI) has allowed Foreign Venture Capital Investors (FVCIs) registered with the Securities and Exchange Board of India (SEBI), the...

‘Indian govt maintains status quo by naming Patel as RBI Guv’

Singapore  August 22, 2016 (PTI) :The Indian government has voted for status quo, policy continuity and macro-stability with the appointment of a new RBI...

RBI launches ‘Sachet’ portal to rein in illegal money deposits

Mumbai: To curb illegal and unauthorised pooling of funds by unscrupulous firms, Reserve Bank of India (RBI) has launched a website, which will help...

RBI launches inflation expectations survey

Reserve Bank of India (RBI) launched its June 2016 round of 'Inflation Expectations Survey of Households' across 18 cities, including Ahmedabad, Chandigarh, Patna and...

RBI hikes foreign holding limit to 74% in Yes Bank

Reserve Bank of India (RBI) has notified that Foreign Institutional Investors (FIIs)/Registered Foreign Portfolios Investors (RFPIs) can now invest from the existing 60% up...

ATMs to have chip-and-pin based infra: RBI

RBI says the move will enhance the safety and security of transactions at ATMs RBI has directed all banks and white-label ATM operators to have...

Foreign funds can now invest more in YES Bank

New Delhi: YES Bank here on Monday said the foreign funds investment limit in the country's fifth-largest private sector lender has been increased to...

NPCI launches Unified Payments Interface

NPCI launches Unified Payments Interface, the future of banking New Delhi: National Payments Corporation of India (NPCI) launched a next generation payment solution - Unified...

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