Saturday, July 31, 2021
Tags RBI

Tag: RBI

RBI New Rules: Salary, SIP payments, EMIs, Insurance Premium rules to change from August 1

Tomorrow is August 1 and there will be certain changes in the banking transactions from next month. These modifications include that your salary...

Inflation will moderate, likely to be below 6% in July: CEA K V Subramanian

New Delhi: Headline inflation will come down under the 6 per cent mark in July itself but will stay at an elevated level...

RBI cancels licence of Madgaum Urban Co-operative Bank, check what will happen to investors’ money

The RBI on Thursday cancelled the licence of The Madgaum Urban Co-operative Bank Limited, Margao, Goa, as the bank with its current financial...

RBI Allows Non-Bank Entities Access To Central Payment Systems

<!-- -->RBI has allowed non-bank entities to participate in central payment systems like NEFT, RTGSThe Reserve Bank of India (RBI) has allowed non-bank...

Nifty’s Bull Run To Continue On Expectations Of RBI’s Dovish Monetary Policy

<!-- -->NSE Nifty 50 Index has more than doubled from a March 2020 low.Traders are betting India's record-breaking stock rally still has legs,...

RBI Update: Salary, pension, EMI payment rules to change from August 1

Come August 1,  bank customers will see several changes in important banking transactions like salary, pension and EMI payments. The Reserve Bank of...

Bank Holidays July 2021: Banks to remain closed for THESE 3 days

The month of July will come to an end soon and according to the Reserve Bank of India’s (RBI’s) mandate, only three more...

SBI Cards Q1 profit shrinks 22% to Rs 305 cr due to rise in bad loans

New Delhi: SBI Cards and Payment Services Ltd (SBI Card) on Friday reported a 22 per cent decline in net profit to Rs...

India’s own digital currency in the offing, RBI working on phased introduction

New Delhi: The Reserve Bank of India is working on phased introduction of its own digital currency. RBI Deputy Governor T Rabi Sankar...

RBI Contemplating Pilot Launch of Digital Currency in Near Future

The Reserve Bank is working on a phased implementation strategy for its own digital currency and is in the process of launching it...

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