Community & General News


RBI Governor: Proper interpretation of data necessary for more informed decision making

 30 June 2022 at 08:41

Inaugural Address by Governor, Shri Shaktikanta Das at the Statistics Day Conference on June 29, 2022

Posted in Community & General |   3387 Views


RBI extends deadline for card tokenisation till 30th September 2022

 27 June 2022 at 08:36

Reserve Bank of India encourages cardholders to tokenise their cardsCurrently, many entities, including merchants, involved in an online card transaction chain store card data like card number, expiry date, etc. [Card-on-File (CoF)] citing cardholder

Posted in Community & General |   3381 Views


RBI revises AFA limit to Rs.15000 per transaction

 17 June 2022 at 08:55

Processing of e-mandates for recurring transactions

Posted in Community & General |   2973 Views


RBI asks banks to review finance to Government-owned entities

 15 June 2022 at 08:39

Banks are advised to carry out a review and place before their Boards, a comprehensive report on the status of compliance with the instructions within three months from the date of this circular.

Posted in Community & General |   1575 Views


RBI's regulation review authority moots periodic review of existing rules

 14 June 2022 at 08:45

Periodic review of existing regulations has been suggested for aligning them with evolving developments in the industry practices and financial landscape.

Posted in Community & General |   2211 Views


RBI Governor calls for alternative data source for policy making

 11 June 2022 at 08:47

Inaugural Address By Governor, Shri Shaktikanta Das at the Annual Statistics Conference of the Department of Statistics and Information Management (DSIM), Reserve Bank of India in Guwahati on June 10, 2022

Posted in Community & General |   2916 Views


RBI allows linking of credit cards to UPI payments

 08 June 2022 at 11:28

To begin with, the Rupay credit cards will be linked to the UPI platform. This will provide additional convenience to users and enhance the scope of digital payments.

Posted in Community & General |   1968 Views


RBI hikes Repo rate by 50 basis points to 4.90%

 08 June 2022 at 10:50

Increase the policy repo rate under the liquidity adjustment facility (LAF) by 50 basis points to 4.90 per cent with immediate effect.

Posted in Community & General |   1698 Views


FM Nirmala Sitharaman attends 2nd BRICS Finance Ministers and Central Bank Governors Meeting

 07 June 2022 at 08:52

Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman participated via virtual mode in the second BRICS Finance Ministers and Central Bank Governors (FMCBG) meeting under the BRICS China chairmanship

Posted in Community & General |   1347 Views


States to get a total Revenue Deficit Grant of Rs. 86,201 crore in 2022-23

 07 June 2022 at 08:52

The Fifteenth Finance Commission has recommended a total Post Devolution Revenue Deficit Grant of Rs. 86,201 crore to 14 States for the financial year 2022-23

Posted in Community & General |   1284 Views



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