Tag: Rbi

Amid the cases of rampant sale and purchase of old coins and currency notes, RBI has come up with an advisory for citizens.

Bhubaneswar: The Odisha Congress has decided to stage demonstration in front of the Reserve Bank of India (RBI) office building as part of its nation-wide protest on the second anniversary of demonetisation tomorrow. Slamming the Centre, the Congress alleged the BJP government at the Centre has ruined the economy of the country through demonetisation. Besides, […]

By Surya Narayan Pradhan Bhubaneswar: With the approval from the Reserve Bank of India (RBI) to e-commerce and payment system company Paytm to start payments bank services in the beginning of 2017 followed by the launch of Airtel Payments Bank services across the country, the Indian financial ecosystem is ready to offer its citizens a […]

Direct access for non-banks to CPS lowers the overall risk in the payments ecosystem

Of the many things that demonetization has banished, a prominent and worrying one has been the credibility of Reserve Bank of India (RBI). For its management, its execution, its information sharing, its transparency, its rule making or the lack of them, the apex bank as an institution has received flak. The recent news of RBI […]

By Bikram Keshari Jena The note, we so dote, leaves an endnote, with gloat. Money, money everywhere, so copious, yet impecunious. Never one would have imagined that bank notes could be capable of such extracurricular activities, had the government not got a missile-lock on them. As soon as the news broke out, these soon-to-be obliterated […]

The Reserve Bank of India had released a recruitment notification for all those bank job aspirants for the position of Officers in Grade ‘C’ on contract basis. Interested and eligible candidates must apply for the positions today, January 8, 2019, as it’s the last day of form submission. Candidates who want to be a part […]

New Year comes with new opportunities and, as it is said, opportunity should never be missed. Here comes an opportunity from the Reserve Bank of India for all those bank job aspirants. The apex court has released a recruitment notification for the recruitment of Officers in Grade ‘C’ on contract basis. Interested and eligible candidates […]

New Delhi/Bhubaneswar: With the Reserve Bank of India (RBI)’s decision to issue new notes of Rs 100 denominations, speculations about the fate of the older notes have already started. The questions regarding the legality of older notes of Rs 100 denominations are also doing rounds. This new denomination has motif of “RANI KI VAV” of […]

New Delhi/Bhubaneswar: The implementation of the 7th Pay Commission was seen as a bonanza for the lakhs of employees but neither did it happen nor the news related to it seems to die down with the Reserve Bank of India (RBI) expressing serious concerns over the Seventh Pay Commission related hike in house rent allowances […]

Baripada: A large number of customers of Urban Cooperative bank in Baripada of Mayurbhanj district are grappling with mental agony since the Reserve Bank India had cancelled the license of the bank citing financial crisis. The depositors have become frustrated after running from pillar to post to withdraw their hard earned money. “We have run […]

Bhubaneswar: Odisha’s architectural marvel, the Konark Sun Temple will be embossed in the new Rs 10 currency note in the Gandhi series to be issued by the Reserve Bank of India (RBI). As per initial reports, the country’s central bank will be issuing the new currency in chocolate brown colour and the design has already […]

Bhubaneswar: In a bid to enter Indian steel market, Steel major ArcelorMittal is considering to buy stressed assets of Bhushan Steel, which has  a good presence in auto steel categories with a 5.6 Million Tonne (MT) integrated steel plant in Odisha. According to reports published in national media, LN Mittal-led ArcelorMittal has submitted an expression […]

New Delhi: The Reserve Bank of India (RBI) has said that it has not so far issued any instruction regarding mandatory linking of Aadhaar with bank accounts. The Central bank revealed the information in response to an RTI application filed by Yogesh Sapkale of news website moneylife.in. The response indicates that the decision on mandatory […]

Bhubaneswar/New Delhi: The Reserve Bank of India (RBI) on Wednesday issued a notification announcing dates and procedure to apply for RBI Assistant Recruitment Examination, 2017. Approximately 623 vacancies would be filled through the examination. Eligible candidates can apply online till November 10, 2017. Candidate selection will be on the basis of a series of two […]