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Searched Tag: RBI
Govt finances not as rosy as made out to be: Jairam Ramesh

Govt finances not as rosy as made out to be: Jairam Ramesh

May 26, 2026, 04:44 PM - 3 min read

The Reserve Bank of India (RBI) on Friday announced a record dividend of Rs 2.87 lakh crore to the government for the year ended March 2026, providing a financial boost for the exchequer amid rising import bills and supply chain disruptions due to the West Asia conflict.

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Reappointment norms Urban Co-op Bank directors tightened

May 25, 2026, 08:29 PM - 2 min read

RBI has stipulated that a director cannot hold the post continuously for more than 10 years and the reappointment can happen only after a compulsory three-year cooling-off period

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Punjab Finance Minister Harpal Singh Cheema

Centre treating RBI like ‘personal treasury’:  Cheema

May 23, 2026, 07:10 PM - 4 min read

He claimed that the Narendra Modi government was treating the RBI like its “personal treasury” to handle the fiscal deficit instead of ensuring states received their rightful share. 

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Govt appoints Rohit Jain as RBI Deputy Governor

May 2, 2026, 04:20 PM - 3 min read

The Centre has appointed Rohit Jain as RBI Deputy Governor for three years from May 3, replacing T Rabi Sankar, with the internal elevation signalling continuity as the central bank navigates global uncertainty and regulatory challenges.

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Reserve Bank of India says 98.47% of Rs 2,000 notes returned since 2023 withdrawal; Rs 5,451 crore still in circulation.

98.47 per cent of ₹2,000 notes returned

May 1, 2026, 07:22 PM - 2 min read

"Thus, 98.47 per cent of the Rs 2000 banknotes in circulation as on May 19, 2023, have since been returned," the Reserve Bank said in a statement.

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West Asia crisis: RBI extends export credit relief till June 30

March 31, 2026, 06:57 PM - 2 min read

The Reserve Bank of India (RBI) on Tuesday extended the enhanced export credit period of up to 450 days for both pre-shipment and post-shipment finance for disbursals made until June 30, citing ongoing logistical challenges linked to the West Asia crisis.

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Rupee rebounds 128 paise against dollar after RBI intervention

March 30, 2026, 11:35 AM - 2 min read

The Central Bank directed banks to limit their net open position (NOP-INR) in the foreign exchange market to $100 million, with compliance required by April 10. Investors said the rupee opened stronger as banks, which generally hold long positions, began cutting their exposure in the onshore currency market following the RBI directive.

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RBI rejects all bids for treasury bills

March 25, 2026, 07:37 PM - 2 min read

This marks the second such instance in over 13 months. The last time the RBI had turned down bids was on February 21, 2025, when it rejected offers for 91-day and 182-day treasury bills.

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Finance Minister Nirmala Sitharaman, right, and RBI Governor Sanjay Malhotra arrive for a Central Board meeting of the Reserve Bank of India, at the RBI headquarters, in New Delhi, Monday.

Keeping close watch on gold imports: FM

February 23, 2026, 01:49 PM - 3 min read

"It is early to comment," Sitharaman said, while speaking on the US tariff issue. She informed that the Ministry of Commerce and Industry was reviewing the situation.

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RBI builds secured data centre to protect financial system

February 22, 2026, 03:23 PM - 3 min read

The RBI has sets up a Tier-IV secured data centre in Odisha, away from border threats and seismic risk, to protect critical financial systems and ensure operational continuity.

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Cyber fraud victims to get ₹25,000 compensation

February 6, 2026, 04:33 PM - 3 min read

The RBI has announced a one-time compensation of up to ₹25,000 for bank customers hit by digital fraud, including cases involving shared OTPs, with payouts to be made from the ₹85,000-crore Depositor Education and Awareness Fund.

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MSMEs to get ₹20 lakh collateral-free loans from April

February 6, 2026, 03:58 PM - 2 min read

The RBI will double the collateral-free loan limit for micro and small enterprises to Rs 20 lakh from April 1, 2026, to improve access to credit, Governor Sanjay Malhotra said on Friday.

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