RBI to Meet Banks to Discuss Money Management in the Economy
The Reserve Bank of India (RBI) is planning a key meeting with banks to review how it manages the flow of money in the...
Effects of Demonetization in India
On 08 November 2016, Indian Prime Minster, Mr. Narendra Modi announced the demonetization of Rs.500 and Rs.1000 currency notes with effect from that midnight....
RBI relaxes lending rules for small borrowers and non-bank lenders
The Reserve Bank of India (RBI) has partially reversed its stricter rules on bank loans and has made it easier for small borrowers and...
RBI Withdraws ₹2 Lakh Crore From Banks Through 7-Day VRRR To Manage Liquidity
The Reserve Bank of India (RBI) held a Variable Rate Reverse Repo (VRRR) auction to absorb extra money from the banking system. The auction...
Bank Holidays in December 2025: Review the complete list of days the bank will...
As December 2025 commences, banking clients throughout India are advised to be aware of several holidays designated for banks this month. Based on the...
Old Rs. 500 and Rs. 1000 Notes will be Invalid from 9th November 2016
Prime Minister Mr Narendra Modi announced today that existing denomination of Rupees 500 and 1000 will invalid from midnight of 8 November, 2016 (Tuesday)....
Centralized Positive Pay (CPPS) from 1st Jan 2021
In the recent past, it has been observed that incidence of Non Borrowal Frauds are in rise. Most of the frauds are done through...
Decoding RBI monetary policy to be announced on 07 December 2016
Three days after demonetization on 08 November 2016, RBI had come with a measure to suck out liquidity from banks. There had been a...
RBI approved the re-appointment of Sumant Kathpalia as MD & CEO of IndusInd Bank.
IndusInd Bank announced that the Reserve Bank of India (RBI) has approved the reappointment of Sumant Kathpalia as Managing Director and CEO for one...
RBI’s new measures to improve liquidity in the banking system
The Reserve Bank of India (RBI) has announced new steps to ease the tight liquidity (cash) situation in banks. It will carry out OMO...
