Community & General News

RBI Reports 98% Return of Rs 2000 Banknotes Post Withdrawal Announcement

03 December 2024 at 08:55

98.08% of the Rs 2000 banknotes in circulation as on May 19, 2023, has since been returned

Posted in Community & General | 486 Views

UPI Processes 16 Billion Transactions Worth Rs 23.49 Lakh Crores in October 2024

02 December 2024 at 09:10

IntroductionIn October 2024, Unified Payments Interface (UPI) achieved a historic milestone by processing 16.58 billion financial transactions in a single month, underscoring its pivotal role in India's digital transformation.

Posted in Community & General | 1431 Views

RBI Warns Banks: Stop Freezing Accounts Over KYC Issues

22 November 2024 at 10:47

Banks are freezing accounts for those receiving government funds i.e., Direct Benefit Transfer (DBT) funds such as subsidies, pensions, etc. due to lack of KYC...

Posted in Community & General | 807 Views

Shri K. Sanjay Murthy Appointed as Comptroller and Auditor General of India

20 November 2024 at 09:03

The Ministry of Finance, Department of Economic Affairs, has officially announced the appointment of Shri K. Sanjay Murthy as the Comptroller and Auditor General (CAG) of India.

Posted in Community & General | 639 Views

RBI Warns Public Against Deepfake Videos of Top Officials Offering Financial Advice

20 November 2024 at 09:00

RBI cautions public on deepfake videos of Top Management circulated over social media giving financial advice

Posted in Community & General | 390 Views

RBI releases 2024 list of Domestic Systemically Important Banks

16 November 2024 at 07:00

SBI, HDFC Bank and ICICI Bank continue to be identified as Domestic Systemically Important Banks (D-SIBs) under the same bucketing structure as in the 2023 list of D-SIBs.

Posted in Community & General | 1092 Views