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Reserve Bank of India

Central Bank of India

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Reserve Bank of India: Central Bank of India
The Reserve Bank of India, abbreviated as RBI, is India's central bank and regulatory body responsible for regulation of the Indian banking system. It is under the ownership of Ministry of Finance, Government of India. It is responsible for the control, issue and maintaining supply of the Indian rupee. It also manages the country's main payment systems and works to promote its economic development. Bharatiya Reserve Bank Note Mudran (BRBNM) is a specialised division of RBI through which it prints and mints Indian currency notes (INR) in two of its currency printing presses located in Mysore and Salboni. The RBI, along with the Indian Banks' Association, established the National Payments Corporation of India to promote and regulate the payment and settlement systems in India. Deposit Insurance and Credit Guarantee Corporation was established by RBI as one of its specialized division for the purpose of providing insurance of deposits and guaranteeing of credit facilities to all Indian banks.

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RBI extends deadline for restrictions on Paytm Payments Bank Transactions till March 11 | Oneindia [Video]

RBI extends deadline for restrictions on Paytm Payments Bank Transactions till March 11 | Oneindia

Catch the latest update as the Reserve Bank of India (RBI) grants Paytm a second chance, extending the deadline for halting transactions to March 15. Dive into the details of this development and its..

Credit: Oneindia     Duration: 02:03Published
RBI Bars Paytm Payments Bank: UPI and Deposits Restricted | Oneindia News [Video]

RBI Bars Paytm Payments Bank: UPI and Deposits Restricted | Oneindia News

The Reserve Bank of India (RBI) imposes stringent restrictions on Paytm Payments Bank, prohibiting UPI services and deposits after February 29, 2024. Learn more about the regulatory actions and their..

Credit: Oneindia     Duration: 02:26Published

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Ram Mandir Inauguration: List of states which have declared holidays

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RBI will not emulate others on regulations; world cannot afford a 'crypto mania': RBI chief

RBI Governor Shaktikanta Das reaffirms the central bank's opposition to cryptocurrencies and US regulators allowing bitcoin ETFs. He emphasizes that the RBI does not emulate others' regulations and..
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December 31 last date to renew bank locker papers

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RBI, HDFC, ICICI banks receive bomb threats, sender demands resignation of Nirmala Sitharaman

The mail said 11 bombs have been planted at 11 locations in Mumbai including RBI offices, HDFC Bank and ICICI Bank and the blast would take place at 1:30 pm.
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India needs to address issues like malnutrition to become developed country: Raghuram Rajan

Raghuram Rajan, former RBI Governor, emphasizes that India needs to address malnutrition and focus on its human capital to become a developed nation. He questions how the country can achieve..
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Delhi HC seeks RBI response on banks' preparedness against cyber frauds

The Delhi High Court has recently directed the Reserve Bank of India (RBI) to submit an affidavit, clarifying the guidelines issued to commercial banks about the required response to requests for..
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Venkitaramanan, who steered RBI during 1991 crisis, passes away at 92

S Venkitaramanan, the former governor of the Reserve Bank of India (RBI), has passed away at the age of 92. Prior to his role as RBI governor, he served as the finance secretary and an advisor to the..
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RBI Governor Shaktikanta Das calls protecting depositors' money 'sacred duty, like going to temple, masjid or gurdwara'

''Protection of depositors' money is the most important responsibility of a bank. It is a sacred duty. It is a sacred duty like going to a temple or masjid or gurdwara to bow down, it's a sacred task...
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Indian economy doing well even in unsupportive global environment: RBI MPC member Ashima Goyal

The Indian economy has shown improvement in key macroeconomic indicators, despite a challenging global environment, due to various reforms implemented by the Modi-led government, according to RBI..
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Like farm loan, students to get frictionless education loan by 2024-25

Education loans are set to get easier with the Reserve Bank of India (RBI) planning to put in place "frictionless credit mechanism" soon. A confirmed admission offer, accessed digitally, is all that..
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India in Reserve Bank's name should be replaced with Bharat: Himanta Biswa Sarma

Assam Chief Minister Himanta Biswa Sarma has suggested renaming institutions like the Reserve Bank of India to 'Reserve Bank of Bharat'. He believes that the word 'India' and practices associated with..
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Orient Exchange and Fintiba GmbH Join Forces to Empower Indian Students' Aspirations of Studying in Germany

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RBI permits banks to open vostro accounts from 22 countries for trade in rupee

The Reserve Bank has permitted 20 banks operating in the country to open 92 Special Rupee Vostro Accounts (SRVAs) of partner banks from 22 countries as part of efforts to promote bilateral trade in..
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GST collection, devolution a success story in northeast: Nirmala Sitharaman

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Going beyond $: India, UAE sign -dirham trade pact

The Reserve Bank of India (RBI) and the Central Bank of UAE on Saturday decided to move further on strengthening the economic engagement between the two countries by agreeing to allow exporters and..
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Supreme Court junks plea challenging 2,000 note exchange without ID proof

The Supreme Court on Monday refused to entertain a petition challenging a Delhi high court order which had upheld the Reserve Bank of India’s decision not to seek identity proof of persons while..
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SC dismisses plea challenging RBI decision to permit exchange of Rs 2K notes without requisition slip, ID proof

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RTI query reveals mismatch between numbers of Rs 500 notes printed, received by RBI, Rs 88032 crore missing: Report

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India's forex kitty declines by $1.32 billion to $593.75 billion

India's forex reserves dropped by $1.318 billion to $593.749 billion for the week ended June 9, the Reserve Bank of India said on Friday. The overall reserves had jumped by $5.93 billion to $595.067..
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RBI must repeal notification allowing banks to undertake compromise settlement of wilful defaults: Congress

Congress general secretary Jairam Ramesh sought a clarification from the RBI as to why it has changed its own rules on "wilful defaulters" and "frauds".
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RJD, JD(U) to boycott new Parliament building inauguration

Bihar deputy chief minister Tejashwi Yadav on Tuesday declared that his Rashtriya Janata Dal will boycott the inauguration of the new Parliament building by Prime Minister Narendra Modi, which is..
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Strong domestic demand powers growth: RBI, govt


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Rs 2000 notes withdrawn: Move over UPI! Now 2000 notes become customer favourite in Delhi markets

As the RBI announced that all Rs 2000 notes are being withdrawn in the country, these rare notes have made a major appearance across market places in Delhi.
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Another whimsical, Tughlaqi demonetisation drama: Mamata after RBI announces withdrawal of Rs 2,000 notes

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India, Malaysia can now trade in Indian rupee

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Congress's Jairam Ramesh urges RBI, Sebi to probe allegations against Adani Group


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Repo rate hiked by 25 basis points to 6.5% for 2023-24, announces RBI Governor

The Reserve Bank of India (RBI) Governor Shaktikanta Das announced the Monetary Policy statement on Wednesday.
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RBI and SEBI must probe reasons for fall in Adani shares: Cong leader Mallu Ravi


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Cong seeks 'serious' probe by SEBI, RBI against Adani group


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Congress demands SEBI, RBI probe into Hindenburg charges against Adani Group

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"Was Messi..." RBI Governor comes up with witty reply to 'history major' taunt

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Raghuram Rajan joins Rahul Gandhi's Bharat Jodo Yatra, BJP says he 'fancies himself as the next Manmohan Singh'

Sharing an image with former RBI Governor Raghuram Rajan, Congress leader Rahul Gandhi said, "We walk for unity and to secure India's future."
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Delhi: Four arrested for cheating people posing as Finance Ministry and RBI officials in insurance fraud

Insurance scam: The accused used to approach victims through a letter which had a forged sign of the Finance Minister, police said.
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Demonetisation a 'well-considered' decision to combat black money, terror financing: Centre tells SC

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India to become world's export powerhouse by 2030: RBI deputy governor

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RBI announces mechanism for rupee-based international trade settlement

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‘No debt trap’: Kerala counters RBI report


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CEA praises government's quick actions, RBI support in recovering from Covid crisis

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