RBI’s FAQs on Indian Currency Banknotes
RBI's FAQs on Indian Currency Banknotes provides clear and concise answers about the fascinating world of intriguing history and banknotes today!
Category: Banking
FAQs on Indian Currency and Currency Management by RBI
Explore the FAQs on Indian currency, the Indian Rupee, its symbol, legal tender, currency production, RBI's role in currency management, etc.
RBI Increases Repo Rate to 6.25 percent: 5th time in a Row
As stated by the RBI Governor today in the Monetary Policy Statement, the Reserve Bank of India (RBI) increased the repo rate by 0.35 percent basis points, raising it …
PM Modi dedicates 75 Digital Banking Units (DBUs)
Prime Minister Shri Narendra Modi has dedicated 75 Digital Banking Units (DBUs) in 75 districts across the country via video conference, in line with the Announcement by Finance Minister …
RBI increases Repo Rate to 5.9%, fourth time in a row
The Reserve Bank of India (RBI) has raised the repo rate for the fourth time in a row, bringing it up to 5.9%. RBI Increases Repo Rate to 6.25 …
RBI’s Revised Guidelines for Opening of Current/ CC/ OD Accounts by Banks
RBI has issued consolidated/ revised guidelines and instructions for scheduled commercial banks and payment banks, regarding opening of Current Accounts and Cash Credit/ Overdraft (CC/ OD) Accounts in various …
RBI Master Directions/ Regulatory Framework 2022 for Microfinance Loans
RBI has released Master Directions/ Regulatory Framework 2022 in respect of Microfinance Loans, after necessary review and inviting public suggestions/ comments, i.e. the Reserve Bank of India (Regulatory Framework …
RBI stops ‘New Customers’ for Paytm Payments Bank, Orders IT Audit
RBI has taken action against Paytm Payments Bank Ltd. and has issued directions to stop ‘onboarding of new customers’ with immediate effect, till IT Audit of the Bank and …
Don’t make Forex Transactions with ETPs not Authorised under FEMA: RBI
RBI has cautioned the general public/ residents to not to make forex transactions with Unauthorized Electronic Trading Platforms (ETPs) offering forex trading/ investments schemes with exorbitant returns, to avoid …
RBI Guidelines on Safe Digital Banking Practices to Avoid Cyber Frauds
In order to prevent “Cyber Frauds,” the RBI has published guidelines on “Safe Digital Banking” practises and advised all parties concerned to be extremely cautious of fraudulent messages, spurious …