Rupee falls to all-time low of 84.40 against US dollar
Rupee declined to an all time low of 84.40 against the US dollar on Thursday, affected by continuous foreign fund...
Reserve Bank of India
Jio Financial Services unit gets RBI nod to become online payment aggregator
Jio Financial Services announced that its wholly owned subsidiary, Jio Payment Solutions Limited (JPSL), has received authorization from the Reserve...
Rupee ends October near record low; settles flat at 84.08 against US dollar
NEW DELHI: Indian rupee on Thursday closed near to a record low against the US dollar, which was recorded at...
India’s gold reserve hike to 855 metric tonnes despite global economic slowdown
India’s overall gold reserves, managed by the Reserve Bank of India, stood at 854.73 metric tonnes as per the apex...
Jharkhand tribal communities unable to access bank funds due to KYC requirements: Jairam Ramesh
Congress general secretary Jairam Ramesh, in a post on social media platform X, alleged that thousands of tribal individuals in...
RBI revises norms for entities applying for CCP
The Reserve Bank of India on Monday revised its June 2019 criteria for Central Counterparties. A Central Counterparty (CCP) is...
RBI’s rosy growth forecast baffles economists
RBI governor Shaktikanta Das said earlier this month an interest rate cut at this stage would be “very, very risky”....
To know RBI’s next crackdown, pay attention to officials’ speeches
Mumbai: The Reserve Bank of India (RBI) has been using public speeches by its top brass to hint at upcoming...
Use of AI in banking poses challenges around bias and data ethics: RBI bulletin
Mumbai: While artificial intelligence is expected to have a big impact on risk assessment and fraud detection in banking and...
Finance is not the Wild West; there is no place for cowboys here
Regulators, especially financial sector regulators, need to bare their teeth from time to time. And, when the occasion demands, show...
