The Reserve Bank of India (RBI) is expected to transfer a record surplus dividend of ₹2.7 lakh crore to ₹3 lakh crore to the government in FY26, an almost 50 per cent increase y-o-y ...

According to the previous framework, which was due for a review this year, the RBI was required to maintain a risk buffer of between 5.5%-6.5% of its balance sheet. The RBI statement did not say ...

The RBI’s officers have been since January this year reviewing the central bank’s Economic Capital Framework (ECF), which was last reviewed in 2018 by a committee headed by former RBI Governor ...

The central bank also assured the citizens that all the banknotes which contain the denomination of ₹20 issued by RBI in the past will continue to hold legal tender in India. According to the ...

Online payments services provider PayU Payments Private Limited has secured final authorisation from the Reserve Bank of India (RBI) to function as an online payment aggregator under the Payment ...

A fleet of clean, comfortable and silent electric buses has brought about a paradigm shift in public transport in Panaji city, amid a growing number of residents embracing the change. As part of ...

Lenders asked the RBI to exempt existing loans from the new rules to avoid disrupting ongoing projects. The RBI is considering a risk-based approach, where provisioning would be linked to the ...

Reserve Bank of India will release ₹20 banknotes with new RBI Governor Sanjay Malhotra's signature. Check how to identify an authentic legal banknote. The current policy requires the RBI to hold ...

Unlike open-system wallets regulated by the RBI, these are not directly monitored by the central bank, making them more vulnerable in the event of a platform failure. After thousands of users who ...

As part of the Centre’s Smart City Mission, 48 such e-buses are crisscrossing the length and breadth of Goa’s capital, ferrying thousands of commuters daily, under the Imagine Panaji Smart ...

The borrowing cost of states through State Development Loans (SDLs) eased to a more-than-four-year low in May, driven by rate cuts from the Reserve Bank of India (RBI) and strong demand from ...

JAB Holding, the private equity parent of Panera, Pret a Manger, and others, has tapped former RBI CEO Jose Cil to work as chairman of its restaurant concepts. In the U.S., he will oversee Panera ...