Tag: Rbi

Eligible and interested candidates can apply online through the official site of RBI at rbi.org.in.

In a letter to all agency banks on Tuesday, the RBI said that all government transactions done by agency banks for 2022-23 must be accounted for within the same financial year.

The "State of the Economy" chapter of Reserve Bank of India's (RBI) monthly bulletin for March 2023, released on Tuesday, noted that "on the supply side, agriculture is into a seasonal uptick, industry is emerging out of contraction and services have maintained momentum.

Learn how to claim compensation for failed transactions as per RBI guidelines with this informative guide.

This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the entity with its customers.

Bill Gates recently indicated that he wants to do business-related activities in India.

Rahul along with two co-passengers Abdul Irfan and Arpudharaj were supposed to travel to Chennai by another flight, said the official.

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Wednesday hiked the repo rate by 25 basis points to 6.50 per cent.

These are part of the Rs 16,000 crore sovereign green bond auction that the RBI will conduct in the current fiscal.

In addition to this, banks have been advised to make necessary arrangements to facilitate execution of the revised agreements by ensuring the availability of stamp papers, etc, a statement by RBI said.

Addressing a media event here, Das called for a ban on cryptos, saying there is no underlying value in it. Those supporting it call it an asset or a financial product, but there is no underlying value in it, he added.

According to RBI sources, so far the Reserve Bank has issued Rs10, Rs 20, Rs 1, Rs 2 and Rs 5 coin in different designs. All these coins are legal tender and can be accepted for transactions.

The Governor in his address, noted that the region's dependence on fossil fuel imports made it vulnerable to imported inflation.

Addressing a group of banking sector leaders and lawmakers, Das emphasised that cryptocurrencies have no "underlying value" and pose great risks for global macroeconomic and financial stability.

The RBI Governor Shaktikanta Das, heading the MPC, announced the rate hike and added that the battle against inflation was not over.