Reserve Bank of India cautions people about trading in Bitcoins
Dec 06, 2017, at 02:42 pm
Mumbai, Dec 6 (IBNS): The Reserve Bank of India has cautioned people about the use of Virtual Currencies (VCs) including Bitcoins.
RBI directs banks to preserve CCTV recordings of operations from Nov 8 to Dec 30
Dec 14, 2016, at 02:47 am
New Delhi, Dec 13 (IBNS): The Reserve Bank of India on Tuesday directed banks across the nation to preserve CCTV recordings of operations at its branches and currency chests from the period between Nov 8 till Dec 30 to facilitate coordinated and effective action by the enforcement agencies in dealing with matters relating to illegal accumulation of new currency notes..
RBI to issue new Rs 50, Rs 20 currency notes
Dec 04, 2016, at 09:38 pm
New Delhi, Dec 4 (IBNS): The Reserve Bank of India on Sunday announced that it will issue new Rs 20 and Rs 50 currency notes.
RBI cuts repo rate to 6.25 per cent at its latest policy review
Oct 04, 2016, at 09:45 pm
Mumbai, Oct 4 (IBNS): The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), on Tuesday, decided to reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 6.5 per cent to 6.25 per cent with immediate effect.
RBI governor: PM's policy adviser Panagariya a likely candidate
Jul 12, 2016, at 07:18 pm
New Delhi/Mumbai, Jul 12 (IBNS): Arvind Panagariya, policy adviser to Prime Minister Narendra Modi, might be appointed as the next Reserve Bank of India (RBI) chief, according to media reports on Tuesday.
RBI indicates risks to inflation on the upside
Jun 07, 2016, at 07:38 pm
Mumbai, Jun 7 (IBNS): During the second bi-monthly monetary policy review on Tuesday, the Reserve Bank of India (RBI) indicated that the risks to inflation were on the upside, according to media reports.
RBI asks banks to boost their cyber security framework
Jun 03, 2016, at 07:31 pm
Mumbai, Jun 3 (IBNS) The Reserve Bank of India (RBI) notified all scheduled commercial banks (excluding regional rural banks) that they should immediately put in place a cyber-security policy elucidating the strategy containing an appropriate approach to combat cyber threats given the level of complexity of business and acceptable levels of risk, duly approved by their Board.
RBI to issue rupees 1000 banknotes with inset letter 'R'
May 10, 2016, at 08:47 pm
Mumbai, May 10 (IBNS) Reserve Bank of India announced on Monday that it will shortly issue banknotes of rupees 1000 denomination in the Mahatma Gandhi Series – 2005 which will have the inset letter 'R' in both the number panels.
Finance Ministry welcomes cut in repo rate
Jan 15, 2015, at 08:41 pm
New Delhi, Jan 15 (IBNS) The Ministry of Finance on Thursday said the 25 basis point repo rate cut announced by the Reserve Bank of India (RBI) was a welcome move.
Jun 03, 2014, at 06:42 pm
Mumbai, June 3 (IBNS) The Reserve Bank of India (RBI) on Tuesday kept all its key policy rates unchanged.