In a strategic move to curb digital fraud and bolster cybersecurity in India’s financial sector, the Reserve Bank of India (RBI) has announced the operational rollout of the exclusive Internet domain ‘.bank.in’ for all banking institutions. This decision follows the RBI’s Statement on Developmental and Regulatory Policies dated February 7, 2025, …
The Reserve Bank of India has been conducting public awareness campaigns across various mediums such as text messages, television and digital advertisements, under the ‘RBI Kehta Hai’ (RBI Says) initiative. The RBI is now further expanding its outreach by adding WhatsApp as an additional means to …
The Reserve Bank of India (RBI) has appointed Shri Indranil Bhattacharyya as Executive Director (ED) with effect from March 19, 2025. Prior to his promotion as ED, Shri Bhattacharyya was serving as Adviser in the Monetary Policy Department of the Bank. Over a span of nearly …
NCFE Conducts 54 Financial Education Programs in North East under National Strategy for Financial Education (NSFE), empowers diverse segments RBI and National Centre for Financial Education (NCFE) have launched nationwide campaigns to boost Financial Literacy programmes in the country. With a view to promote Financial Literacy, …
On a review of current and evolving liquidity conditions, the Reserve Bank has decided to conduct the following operations to inject liquidity into the banking system: OMO purchase auctions of Government of India securities for an aggregate amount of ₹1,00,000 crore in two tranches of ₹50,000 …
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) has unanimously decided to reduce the policy repo rate by 25 basis points, bringing it down from 6.50% to 6.25%. Consequently, the Standing Deposit Facility (SDF) rate is set at 6.00%, while the Marginal Standing Facility (MSF) rate and the Bank Rate stand …
The Reserve Bank of India (RBI) has reported a significant reduction in the circulation of ₹2000 denomination banknotes, with 98.15% of the total Rs 2000 notes withdrawn since their withdrawal was announced on May 19, 2023. According to RBI’s latest update, the value of Rs 2000 banknotes in circulation has dropped from Rs …
On a review of current liquidity and financial conditions, the Reserve Bank has decided to conduct the following operations to inject liquidity into the banking system: OMO purchase auctions of Government of India securities for an aggregate amount of ₹60,000 crore in three tranches of ₹20,000 …
In a significant move to promote small-value digital payments, the Reserve Bank of India (RBI) has revised the framework for facilitating offline payments under UPI Lite. Through Notification no. RBI/2024-25/93, dated December 4, 2024, the RBI has announced an increase in transaction limits, making digital payments even more accessible …