RBI

FINANCES 

RBI releases draft guidelines for ‘on tap’ licensing of Small Finance Banks

September 14, 2019 Loknath Das banks, draft, Finance, for, Guidelines, licensing, of, on, RBI, Releases, small, tap'

The Reserve Bank of India (RBI) on September 13 released draft norms for ‘on tap’ licensing of Small Finance Banks

Read more

BANKING & SAVING 

Zero balance savings accounts in banks rules relaxed by RBI

August 11, 2019 Loknath Das accounts, balance, banks, By, in, RBI, relaxed, rules, Savings, Zero

A BSBD account suits those who do not wish to maintain a minimum balance in their account and have limited

Read more

CURRENCY 

RBI To Come Up With App For Visually Impaired For Currency Identification

May 13, 2019 Loknath Das App, Come, Currency, for, Identification, Impaired, RBI, to, up, Visually, with

The Reserve Bank of India has made a proposal to come up with a mobile app for enabling visually impaired

Read more

FINANCES 

MA in History, Shaktikanta Das is first non-economist in 28 years to be RBI governor

December 18, 2018 Loknath Das 28%, be, Das, first, Governor, History, in, is, MA, non-economist, RBI, Shaktikanta, to, Years

There are no fixed eligibility criteria for appointment of a person as the RBI governor. According to the RBI Act,

Read more

BANKING & SAVING 

This week in banking: Cash remains the king post demonetisation, says RBI

September 3, 2018 Loknath Das banking, cash, demonetisation, in, King, post, RBI, remains, Says, the, this, week

Whether demonetisation was a success or failure, today, cash remains the king as there is more of it in the

Read more

CURRENCY 

RBI net sells $6.184 bn of US currency in June

August 13, 2018 Loknath Das $6.184, bn, Currency, in, June, net, of, RBI, sells, US

Reserve Bank of India continued to remain net seller of the US currency for the third consecutive month in June,

Read more

ECONOMY 

RBI to hike rates again by year-end, August still in play: Poll

June 19, 2018 Loknath Das Again, August, By, Hike, in, play, Poll, rates, RBI, Still, to, year-end

The Reserve Bank of India (RBI) is expected to raise interest rates again in the final three months of this

Read more

CURRENCY 

No research before ban: Was RBI reckless to stop banks from dealing with cryptocurrencies like Bitcoin?

June 16, 2018 Loknath Das Ban, banks, Before, bitcoin, cryptocurrencies, Dealing, From, like, No, RBI, reckless, research, stop, to, was, with

The RBI on April 6 dealt a body blow to all the cryptocurrency exchanges and individuals doing virtual currency business

Read more

LOANS 

RBI Probe In 2016 Found No Proof Of ‘Quid Pro Quo’ In Videocon Loans

April 16, 2018 Loknath Das 2016, Found, in, Loans, No, of, Pro, probe, Proof, Quo’, RBI, Videocon, ‘Quid

The Reserve Bank of India had found no proof of any “quid pro quo” or reciprocal benefits being extended by

Read more

CURRENCY 

Currency circulation in India at 99% of pre-demonetisation level: RBI data

February 23, 2018 Loknath Das 99%, at, circulation, Currency, Data, in, India, Level, of, pre-demonetisation, RBI

The demonetisation move on 8 December 2016 sucked out 86% of the currency in circulation. Photo: AP Mumbai: Currency in circulation

Read more