reserve bank of india

Jammu, February 27 Reserve Bank of India Deputy Governor Swaminathan J said on Friday that India's financial system on the path to 2047 must be based on three pillars – safety, fairness, and reliability.Delivering the keynote address at the 3rd International Finance and Accounting Conference...

New Delhi, February 27 – India's Controller General of Accounts (CGA) T.C.A. Kalyani launched two major initiatives on Friday aimed at strengthening the governance and efficiency of banks handling government transactions: the Government Bank Dashboard and the Government Bank Manual.The...

JAMMU, FEBRUARY 27: The Indian Institute of Management (IIM) Jammu inaugurated the 3rd International Finance and Accounting Conference (IFAC 2026) on the theme "Financial Strategies for Inclusive and Sustainable Economic Growth to Achieve Viksit Bharat 2047" at the Mandapam Auditorium, IIM...

New Delhi, February 26 The capital markets regulator, SEBI, cautioned investors on Thursday against fake notices being circulated in its name, demanding payments of Securities Transaction Tax (STT).The market watchdog further stated that fraudsters are sending fake notices, forging the...

Mumbai, February 26 The Reserve Bank said on Thursday that close coordination among all stakeholders is necessary to prevent or mitigate digital fraud.A two-day workshop for executive directors and heads of fraud risk management of 60 major banks, conducted by the RBI, concluded on Wednesday...

Kolkata, February 26 The Reserve Bank of India has approved a proposal by SBI Mutual Fund to acquire an aggregate holding of up to 9.99 per cent in Bandhan Bank, according to a regulatory filing on Thursday.Bandhan Bank informed stock exchanges that the RBI, through a letter dated February 25...

Mumbai, February 25 The Reserve Bank said on Wednesday that revenue growth for privately listed non-financial companies came in at 10.1 per cent in the third quarter of FY26.For the past 11 quarters, revenue growth had been in the single digits, according to data from 3,188 such companies...

New Delhi, February 25 – The Centre will launch a pilot project based on Central Bank Digital Currency (CBDC) for distributing food subsidies under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) in the Union Territory of Puducherry on Thursday, marking a major step towards strengthening...

Mumbai, February 25 The chances of the benchmark interest rate going up are "negligible," despite the build-up of inflationary pressure due to geopolitical tensions, said Saugata Bhattacharya, an external member of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC), on Wednesday...

The government will launch a pilot project for distributing food subsidies based on a Central Bank Digital Currency (CBDC) under the Pradhan Mantri Garib Kalyan Anna Yojana in Puducherry tomorrow.Union Minister for Consumer Affairs, Food and Public Distribution, Pralhad Joshi, will inaugurate...

Mumbai, February 24 The rupee traded in a narrow range on Tuesday and closed 6 paise lower at 90.95 against the US dollar amid a firm dollar and higher crude oil prices.A sharp fall in domestic equity markets and uncertainties over the India-US trade deal further put pressure on the local...

Mumbai, February 24 High, stable, and accelerating growth, along with more predictable economic outcomes, have become the hallmarks of the Indian economy, according to Reserve Bank of India Deputy Governor Poonam Gupta.Delivering the 14th Foundation Day Lecture of the Centre for Development...

Mumbai, February 24 The RBI's Master Directions aim to identify fraudulent borrowers and unscrupulous individuals for timely action, and any violation of these directions is not subject to judicial scrutiny, the Bombay High Court has said while lifting the stay on action by three banks to...

New Delhi, February 23 Reserve Bank of India Governor Sanjay Malhotra said on Monday that the new CPI inflation series based on 2024 prices will better reflect Indian households' consumption patterns and reduce volatility.In both ways, it will help in better CPI estimation, he said at a media...

New Delhi, February 23 Finance Minister Nirmala Sitharaman said on Monday that the government does not have any plan for mergers of public sector banks.However, a High-Level Committee on Banking for Viksit Bharat, proposed in the Budget 2026-27, will look into the topic and other aspects, she...

New Delhi, February 23 Reserve Bank Governor Sanjay Malhotra said on Monday that the central bank is monitoring the developments surrounding the alleged fraud of Rs 590 crore at IDFC First Bank, and assured that it was not a "systemic issue".The private sector IDFC First Bank had on Sunday...

February 23, New Delhi – Union Finance Minister Nirmala Sitharaman addressed the Central Board of Directors of the Reserve Bank of India, along with Minister of State for Finance M. P. Chaudhary and Reserve Bank Of India (RBI) Governor Sanjay Malhotra, at the customary post-Budget meeting in New...

Finance Minister Nirmala Sitharaman stated that the government is closely monitoring gold prices, noting that the yellow metal typically experiences seasonal increases during festival periods, but has not exceeded certain thresholds. She made this statement while addressing a press conference...

Shillong, February 23 Meghalaya has generated an estimated 3.66 lakh jobs between 2019 and 2025, Chief Minister Conrad K Sangma told the Assembly on Monday.Responding to the debate on the Governor's Address, Sangma said that agriculture accounted for the largest share, with 1.90 lakh jobs...

New Delhi, February 23 The RBI is monitoring the developments surrounding the Rs 590 crore fraud at IDFC First Bank, and there is no systemic issue, Governor Sanjay Malhotra said on Monday.IDFC First Bank had disclosed on Sunday that certain employees and others at a particular branch in...