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Fact Check: Did RBI Issue Guidelines About Ink Colour For Writing Cheques?
A viral post claimed that cheques written in black ink will no longer be accepted from January 1, 2025, and cheques must be written in blue or green ink to be considered valid.
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India's Economic Growth Poised To Rebound: RBI
India's economic growth is poised to rebound as domestic demand regains strength, though the stickiness in food inflation warrants careful monitoring, the latest RBI Bulletin released on Friday said.
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To Curb Fraud, Banks May Soon Call You From Numbers Starting With These Digits
The RBI on Friday asked banks to use only the '1600xx' phone numbering series to call customers for transactional purposes with a view to preventing financial fraud.
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"Time Apposite To Rekindle Animal Spirits": RBI Bulletin On 'State Of Economy'
Weeks before the presentation of the Union Budget, the Reserve Bank Bulletin made a strong case for providing a consumption boost as the time is apposite to rekindle the animal spirits, create mass consumer demand and trigger a boom in investment.
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RBI Governor Signals He's Open To More Flexible Rupee
New central bank governor has shown a willingness to allow the rupee to move more freely in tandem with peers in the region while still intervening in the foreign-exchange market to curb excessive moves, according to people familiar.
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Bank Holiday On Jan 13 And 14? All You Need To Know
Banks will remain closed on January 14 in Ahmedabad, Bengaluru, Bhubaneswar, Chennai, Gangtok, Guwahati, Hyderabad, Itanagar, Kanpur and Lucknow.
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India's Inflation Likely To Stabilize Around 4.3 - 4.7% In FY26: Report
The central government has given the RBI the target to maintain inflation between 2 to 6 per cent band.
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RBI Consolidates Instruction On Credit Information Of Customers
The RBI on Monday came out with a master direction consolidating various instructions issued to banks and other financial institutions on reporting of the credit information of their customers.
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RBI Shares Observations Around Tokenisation, Crypto in Financial Stability Report 2024
As per the RBI, asset tokenisation is a rapidly evolving financial innovation still in its early stages, currently presenting minimal concerns. However, the central bank also cautioned that the widespread adoption of crypto assets could potentially impact macroeconomic and financial stability.
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Prospects Of Economy Expected To Improve In 2025: RBI Governor
Facing criticism over the central bank prioritising inflation over growth, the new RBI Governor Sanjay Malhotra on Monday said that prospects of the Indian economy are expected to improve on the back of high consumer and business confidence in 2025.
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Will Banks Remain Closed On January 1, 2025? What You Need To Know
Even if the banks are closed, customers should note that their websites and mobile banking services will remain active. They can carry out daily transactions through these and ATMs.
-
High Employee Attrition of 25% In Private Banks Pose Operational Risk: RBI Report
Employee attrition in private sector banks has witnessed an increase to about 25 per cent and this high turnover rate poses significant operational risk, according to the latest Report on Trend and Progress of Banking in India 2023-24.
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Bank Holidays In January 2025: Plan Your Financial Activities Around These Dates
Bank Holidays In January 2025: January 2025 will have approximately 15 bank holidays, including regular holidays like Sundays, second and fourth Saturdays, and various regional festivals.
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'Came During Lunchtime': Mumbai Book Shop Staff Recalls Manmohan Singh's Visits As RBI Chief
Once or twice a month, Manmohan Singh, the then Governor of the Reserve Bank of India, would walk to Mumbai's famous Strand Book Stall in the Fort area to check out the latest arrivals.
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India's Forex Reserves Drops By $8.4 Billion To $644.3 Billion: RBI
The country's forex reserves dropped by a further USD 8.478 billion to USD 644.391 billion for the week ended December 20, the RBI said on Friday.
-
Fact Check: Did RBI Issue Guidelines About Ink Colour For Writing Cheques?
A viral post claimed that cheques written in black ink will no longer be accepted from January 1, 2025, and cheques must be written in blue or green ink to be considered valid.
-
India's Economic Growth Poised To Rebound: RBI
India's economic growth is poised to rebound as domestic demand regains strength, though the stickiness in food inflation warrants careful monitoring, the latest RBI Bulletin released on Friday said.
-
To Curb Fraud, Banks May Soon Call You From Numbers Starting With These Digits
The RBI on Friday asked banks to use only the '1600xx' phone numbering series to call customers for transactional purposes with a view to preventing financial fraud.
-
"Time Apposite To Rekindle Animal Spirits": RBI Bulletin On 'State Of Economy'
Weeks before the presentation of the Union Budget, the Reserve Bank Bulletin made a strong case for providing a consumption boost as the time is apposite to rekindle the animal spirits, create mass consumer demand and trigger a boom in investment.
-
RBI Governor Signals He's Open To More Flexible Rupee
New central bank governor has shown a willingness to allow the rupee to move more freely in tandem with peers in the region while still intervening in the foreign-exchange market to curb excessive moves, according to people familiar.
-
Bank Holiday On Jan 13 And 14? All You Need To Know
Banks will remain closed on January 14 in Ahmedabad, Bengaluru, Bhubaneswar, Chennai, Gangtok, Guwahati, Hyderabad, Itanagar, Kanpur and Lucknow.
-
India's Inflation Likely To Stabilize Around 4.3 - 4.7% In FY26: Report
The central government has given the RBI the target to maintain inflation between 2 to 6 per cent band.
-
RBI Consolidates Instruction On Credit Information Of Customers
The RBI on Monday came out with a master direction consolidating various instructions issued to banks and other financial institutions on reporting of the credit information of their customers.
-
RBI Shares Observations Around Tokenisation, Crypto in Financial Stability Report 2024
As per the RBI, asset tokenisation is a rapidly evolving financial innovation still in its early stages, currently presenting minimal concerns. However, the central bank also cautioned that the widespread adoption of crypto assets could potentially impact macroeconomic and financial stability.
-
Prospects Of Economy Expected To Improve In 2025: RBI Governor
Facing criticism over the central bank prioritising inflation over growth, the new RBI Governor Sanjay Malhotra on Monday said that prospects of the Indian economy are expected to improve on the back of high consumer and business confidence in 2025.
-
Will Banks Remain Closed On January 1, 2025? What You Need To Know
Even if the banks are closed, customers should note that their websites and mobile banking services will remain active. They can carry out daily transactions through these and ATMs.
-
High Employee Attrition of 25% In Private Banks Pose Operational Risk: RBI Report
Employee attrition in private sector banks has witnessed an increase to about 25 per cent and this high turnover rate poses significant operational risk, according to the latest Report on Trend and Progress of Banking in India 2023-24.
-
Bank Holidays In January 2025: Plan Your Financial Activities Around These Dates
Bank Holidays In January 2025: January 2025 will have approximately 15 bank holidays, including regular holidays like Sundays, second and fourth Saturdays, and various regional festivals.
-
'Came During Lunchtime': Mumbai Book Shop Staff Recalls Manmohan Singh's Visits As RBI Chief
Once or twice a month, Manmohan Singh, the then Governor of the Reserve Bank of India, would walk to Mumbai's famous Strand Book Stall in the Fort area to check out the latest arrivals.
-
India's Forex Reserves Drops By $8.4 Billion To $644.3 Billion: RBI
The country's forex reserves dropped by a further USD 8.478 billion to USD 644.391 billion for the week ended December 20, the RBI said on Friday.
