Wednesday, June 19, 2019
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RBI to issue new greenish yellow colour Rs 20 notes

The Reserve Bank of India (RBI) will soon release new banknotes of Rs 20 denomination in the Mahatma Gandhi (New) Series, bearing signature of...

RBI reduced the repo rate by 0.25%, all the loans expected to be cheap

The Monetary Policy Committee of the Reserve Bank of India is currently having its first meeting for the fiscal year 2019-20 and the monetary...

Urjit Patel resigns as RBI governor

Reserve Bank Governor Urjit Patel has resigned. They said it was private. In the last few months, there was a dispute between the government...

Rupee breaks to new record low, 73 Rupees against one dollar

Rupee against Dollar breaks to its lowest level on Wednesday. The rupee has fallen 33 paise against the dollar this morning at 73.24 level,...

Home Ministry New Guidelines: No ATMs to be refilled with cash after 9 pm...

New instructions have been issued to the Home Ministry for cash deposits at the banks' ATMs. Cash will not be levied after 9 pm...

RBI hikes repo rate by 25 bps for second time in a row

RBI has increased the repo rate by 0.25%. This has increased from 6.25% to 6.50%. The meeting of the RBI Monetary Policy Committee (MPC)...

RBI may raise rates again by year-end but August

If the RBI increases the rates by 25 basis points, it would be the first time since October 2013 that the central bank has...

Indians money in Swiss Banks rises 50%

Indians money in Swiss banks have increased by 50%. By the end of 2017, there were about seven thousand crore rupees of Indians sitting...

Rupee VS Dollar: Rupee hits new record low of 69.01 against US dollar

The rupee has reached the lowest level ever since the dollar. It slipped down to 69. On Thursday, the rupee weakened 28 paise to...

RBI tells banks to migrate ATMs from Windows-XP by June 2019

The RBI has given that country's all bank hard deadline to get Windows XP out of its ATMs from June 2019. That's more than...

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