RBI wins Digital Transformation Award 2025 by UK's Central Banking for tech innovations ‘Sarthi’, ‘Pravaah’
The Reserve Bank of India was selected for UK's Digital Transformation Award 2025 on March 13 for its tech innovations Sarthi ...
A 2025 Overview Of What You Need To Know About The Digital Rupee
A central bank that has gone after cash usage to achieve its goals might do the same to push digital payments - and a central ...
India TV13d
India's forex reserve jumps by USD 4.758 billion to USD 640.479 billion
The Reserve Bank of India (RBI) on Friday said that India's forex reserve jumped by USD 4.758 billion to USD 640.479 billion in the week ended February 21. In the previous reporting week ...
Business Today17d
RBI eases curbs on New India Co-op Bank: 50% of depositors can withdraw full balance, others up to ₹25,000
Days after imposing strict restrictions on New India Co-operative Bank, the Reserve Bank of India (RBI) has eased withdrawal limits. Starting February 27, customers will be allowed to withdraw up ...
Reuters21d
India's central bank flags concerns in unsecured lending, capital markets frenzy
Rao, who is currently in charge of monetary policy among other departments at the Reserve Bank of India, said there was a need to ensure that excess financialisation through technology does not ...
The Indian Express21d
What is the fraud at Mumbai’s New India Cooperative Bank, why depositors can’t get their money
A developer, Dharmesh Paun, has also been arrested for allegedly assisting Mehta in routing the embezzled money. The Reserve Bank of India (RBI) then restricted withdrawals from the bank, leading to ...
Hindustan Times22d
EOW summons CA who gave ‘A’ grade to New India Cooperative Bank
According to the police, Deshmukh was even appointed recently by the Reserve Bank of India (RBI) to carry out an inquiry into the misappropriation of funds by Mehta. “We want to ask Deshmukh on ...
The New Zealand Herald23d
OCR call: Reserve Bank on track for ‘more cuts sooner’ but reduces forecast for house prices
Business editor-at-large Liam Dann explains the decision the Reserve Bank has made in today's change to the Official Cash Rate. Video / Cameron Pitney The Reserve Bank of New Zealand (RBNZ ...
The New Zealand Herald23d
Official Cash Rate live updates: Reserve Bank Governor Adrian Orr speaks after OCR cut by 50 basis points to 3.75%
The Reserve Bank has cut the Official Cash Rate (OCR) by 50 basis points in its February Monetary Policy Statement. The move takes the OCR from 4.25% to 3.75%, and retail banks have moved quickly ...
Newstalk ZB23d
OCR preview: Economists predicting rate cut from the Reserve Bank
It's the Reserve Bank's first official cash rate decision for 2025 - and many economists are predicting a rate cut to start off the year. The RBNZ is largely expected to lower the OCR by 50 basis ...
SBS23d
'No victory yet': The Reserve Bank cuts rates from a 13-year high — as it happened
Thank you for joining our live coverage of the Reserve Bank of Australia's (RBA) interest rates decision. The central bank's board cut the cash rate from a 13-year high of 4.35 per cent to 4.10 ...
Indiatimes23d
Karnataka Bank reports to RBI suspicious cross border UPI transaction of Rs 18.87 crore
The bank has reported the issue to the Reserve Bank of India and implemented enhanced control measures to prevent future occurrences.