Friday, May 24, 2024

Topic: RBI

Deadline to deposit Rs 2,000 notes extended to 7 October

The last date to exchange Rs 2,000 denomination notes has been extended to October 7, the Reserve Bank of India said on Saturday.

Rs 2,000 notes to be scrapped, exchange them by 30 Sept, will remain legal tender

The Reserve Bank of India has said it will withdraw ₹ 2,000 notes from circulation and people can exchange or deposit them in their bank accounts by September 30.

RBI keeps repo rate unchanged at 6.5% – first pause after six hikes in a row

The Reserve Bank of India has decided to maintain the repo rate at 6.5 percent, stating that it will take necessary measures in the future if required.

In FY20 bank fraud doubled to ₹1.85 trillion: RBI report

Reserve Bank of India’s annual report, on Tuesday, revealed that frauds reported by banks of ₹100,000 and above value about ₹1.85 trillion in FY20. ...

RBI gets SC ultimatum on RTI Act disclosures

The RBI is ‘duty bound under the law’ to disclose information sought under the RTI Act, said the Supreme Court