Reserve Bank Of India (RBI): News | Page 8
09 Feb 2018India
Beware of fake RBI websites. Here's how
Dear readers, beware.
08 Feb 2018India
Home loans taken before April'16 to get cheaper
The recent monetary policy has brought good news for those who had taken home loans before April'16.
07 Feb 2018Jaipur
How this Jaipur cop prevented biggest ever bank robbery
A Jaipur cop's presence of mind foiled a Rs. 925-crore robbery bid in what would have arguably been India's biggest bank heist ever.
07 Feb 2018India
RBI keeps repo rate unchanged for third time at 6%
The RBI has kept the repo rate unchanged at 6% for the third time, even as inflation reached a 17-month high.
06 Feb 2018India
Bad news, Bitcoin investors! Your earnings are now taxable
World's largest cryptocurrency Bitcoin plunged a whopping 66% from its all-time high of $19,666 to $6,000 (Rs. 3.8L).
03 Feb 2018India
Trouble for people depositing more than Rs. 15lakh during demonetization
Indians who bank-deposited unaccounted cash over Rs. 15 lakh during demonetization are now under government scanner.
02 Feb 2018India
After Budget, Sensex closes 839 points lower, Nifty cracks too
A day after Budget 2018, the markets shuddered and benchmark indices fell sharply, a consequence of the new long-term capital gains (LTCG) tax and other factors, analysts said.
01 Feb 2018Delhi High Court
Delhi HC asks government to examine Rs. 50, Rs. 200-notes
The Delhi High Court asked both the RBI and the Centre to review the newly released Rs. 50 and Rs. 200 notes.
17 Jan 2018India
All 14 kinds of Rs.10 coins are valid, RBI reiterates
The RBI has announced once again that all 14 kinds of Rs. 10 coins in circulation are valid.
17 Jan 2018India
NIA seizes Rs. 100 crore demonetized notes in Kanpur
The National Investigation Agency (NIA) and the UP police have discovered Rs. 100 crore in old demonetized notes hidden in an under-construction building in Kanpur.
15 Jan 2018India
UIDAI adds another security feature to Aadhaar: Facial recognition
Less than a week after announcing a new two-layer safety feature, the UIDAI has come up with another facility to increase security: your face.
12 Jan 2018India
Before budget, inflation at 5.2% and Industrial growth at 8.4%
Before FM Arun Jaitley presents his government's last full-fledged budget, two macroeconomic data indicators gave mixed signals for the economy.
10 Jan 2018India
Virtual ID, limited KYC: Aadhaar has new two-layer security feature
Days after a major breach was reported in the Aadhaar database, the UIDAI has come up with a new two-layer security system to protect privacy.
05 Jan 2018India
New Rs.10, Rs.50, Rs.200 notes: All you need to know
The RBI has officially announced new notes of Rs. 10 in the Mahatma Gandhi (New) series. RBI Governor said they will be issued shortly.
04 Jan 2018India
New chocolate brown Rs. 10 notes to be out soon
Printing has started for the new Rs. 10 notes in the Mahatma Gandhi series and the currency will be issued shortly, Mint reported.
03 Jan 2018Delhi
AAP finally decides on its Rajya Sabha nominees
After intense discussions, AAP has finally decided on its Rajya Sabha nominees. Delhi's deputy CM Manish Sisodia announced that senior leader Sanjay Singh and lesser-known leaders ND Gupta and Sushil Gupta will be their nominees.
29 Dec 2017Cryptocurrency
India's first app-based Bitcoin wallet launched; transact using your mobile-number!
Despite RBI's warnings and the rising concerns about the potential risks involved in investing in Bitcoin and other cryptocurrencies, investments in virtual currencies are on the rise in India.
27 Dec 2017India
Cheque-books of six banks to be invalid from December 31
The chequebooks of six banks formerly associated to SBI will become invalid on December 31. The earlier deadline was September 30, which was extended.
27 Dec 2017India
Bitcoin craze hits entrepreneurs: Companies name themselves after Bitcoins
As Bitcoin's value continues to skyrocket (after a brief stumble recently), the number of people doing "crazy" things to cash in on the Bitcoin craze is also surging.
15 Dec 2017Business
No charges on card transactions upto Rs. 2,000 from January
Starting January 1, 2018, you won't have to pay transaction fees on debit card payments of up to Rs. 2,000 for two years.
14 Dec 2017India
WPI inflation touches 8-month high of 3.93%
The Wholesale Price Index (WPI) inflation rose to an eight-month high of 3.93% this November on the back of rising food and fuel prices.
13 Dec 2017Insurance
What is FRDI Bill? How does it protect your bank-deposits?
Most of us have bank accounts, but the funds held in these savings accounts aren't really safe if the banks fail.
12 Dec 2017India
Retail inflation hit 4.88% in November; highest in 15 months
Breaching RBI's estimate of 4%, India's retail inflation, or Consumer Price Index (CPI), has reached 4.88% in November 2017- the highest in 15 months.
12 Dec 2017India
RTI: Rs. 2000 notes are here to stay
Recently, there were rumors regarding the demonetization of Rs. 2000 notes. To put them to rest, a Pune-based activist, Prafful Sarda filed an RTI. The RTI query clarified the status of Rs. 2000 notes.
11 Dec 2017India
Counterfeit notes can get you jailed. Learn to spot them
How likely is it that you have a fake note resting in your wallet? With counterfeit notes worth Rs. 11.23 crore detected across India in the first eight months post demonetization, the probability of it is unmissable.
09 Dec 2017India
Rs. 200 notes still scarce, but fake ones are out
Though RBI introduced Rs. 200 notes in August, they are rarely in circulation. While many are yet to get their hands on the new banknote, fakes ones have already surfaced in Jammu.
08 Dec 2017India
Steep rises, frauds and theft: Chaos in the bitcoin world
As the Bitcoin crossed the $17,000 mark, Twitterati seems to have gone crazy over a seemingly "generous" offer by a user: one free bitcoin each to "five random people" who retweet his post announcing the giveaway.
07 Dec 2017Warren Buffett
Bitcoin crosses $14,000-mark; but RBI warns people of risks
The world's most popular cryptocurrency, Bitcoin, has surpassed the $14,000-mark (Rs. 9lakh), recording an over 1400% rise compared to its below $1,000 price at the beginning of 2017.
06 Dec 2017India
RBI keeps repo-rate unchanged at 6% for second consecutive time
The RBI's six-member Monetary Policy Committee (MPC) has kept the repo rate unchanged at 6%, second time in a row, in its fifth bi-monthly policy review.
30 Nov 2017India
Looking back at 100 years of Re 1 currency note
India's smallest currency note, Rupee 1, turns 100 today.
29 Nov 2017India
Bitcoin breaks $10,000-barrier: Know how you can invest in Bitcoin!
The value of Bitcoin, the world's oldest and largest cryptocurrency, has soared above $10,000 yesterday (28 November) - a remarkable rise from a mere $0.003 price seven years ago.
27 Nov 2017India
'Short-term' political solutions to job reservation demands can damage: Rajan
Even as different communities protest for reservation in jobs, former RBI governor Raghuram Rajan has opposed "short-term" political solutions to the matter.
24 Nov 2017India
Finance Ministry refutes reports about banning of cheque books
After reports emerged that the government might ban cheque books, the Finance Ministry has denied any such proposal under consideration.
21 Nov 2017India
Govt to now end cheque books in India? Know more.
According to Confederation of All India Traders (CAIT) Secretary General Praveen Khandelwal, the Indian government is mulling yet another disruptive move towards a cashless economy: abolishment of the cheque book.
13 Nov 2017Mumbai
Robbers dig 50-feet tunnel through Mumbai bank, empty 27 lockers
In a daring theft, robbers dug a 50-feet tunnel into a bank in Navi Mumbai and escaped with valuables from 27 lockers.
10 Nov 2017India
Doorstep banking facilities for senior citizens, disabled from December 31
To make banking easier for senior citizens and the differently-abled, the RBI has asked banks to provide them doorstep facilities.
09 Nov 2017India
Here's why RBI has cut down on printing new currency-notes
The Reserve Bank of India (RBI) has cut down the order for printing new currency notes to a five-year low because it and other banks do not have the needed space to keep them.
08 Nov 2017India
Demonetization anniversary: Chidambaram says RBI should release demonetization-related documents
As opposition celebrates "black day," former finance minister P Chidambaram slammed the Modi government for the demonetization move.
08 Nov 2017India
Demonetization anniversary: How has India changed in the last year?
This day last year, as citizens were settling down for dinner, PM Narendra Modi dropped a bomb on unsuspecting Indians: Rs. 500/1,000 notes were suddenly dead.