RBI cuts repo rate by 50 bps and CRR by 100 bps in surprise move to accelerate growth
The Monetary Policy Committee (MPC), chaired by Reserve Bank of India (RBI) Governor Shri Sanjay Malhotra, today announced a 50…
06 JUN 2025
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RBI Announces Record ₹2.69 Lakh Crore Dividend to Government for FY25, Boosting Fiscal Position
The Reserve Bank of India (RBI) has announced a record dividend payout of ₹2.69 lakh crore to the central government…
24 MAY 2025
RBI Introduces Flexibility in UPI Transaction Limits for Merchant Payments
The Reserve Bank of India (RBI) has given flexibility to the National Payments Corporation of India (NPCI) to update transaction…
10 APR 2025
RBI allows depositors of New India Co-operative Bank to withdraw up to ₹25,000
In a press release, the central bank stated that after assessing the bank’s liquidity situation in coordination with the appointed…
26 FEB 2025
Government Named Sanjay Malhotra as New RBI Governor, Shaktikanta Das to Step Down
In a significant development, Sanjay Malhotra, a 1990-batch Indian Administrative Service (IAS) officer, has been appointed as the Governor of…
09 DEC 2024
RBI Enhances UPI Lite Limits to Boost Offline Digital Payments
The Reserve Bank of India (RBI) has raised the UPI Lite wallet limit to ₹5,000 and the per-transaction limit to…
05 DEC 2024
RBI Governor Shaktikanta Das Receives A+ Rating for the Second Consecutive Year
In a remarkable achievement, Reserve Bank of India (RBI) Governor Shaktikanta Das has been awarded an “A+” rating by Global…
21 AUG 2024
RBI Selects Five Entities for Theme-Neutral Regulatory Sandbox Test Phase
The Reserve Bank of India (RBI) has selected five entities for the test phase of the regulatory sandbox’s fifth cohort,…
05 AUG 2024
RBI unveils UPI Lite with e-Mandate Framework for Automatic Balance Replenishment
The Reserve Bank of India (RBI) has introduced the integration of UPI Lite with the e-mandate framework, facilitating automatic replenishment…
10 JUN 2024
RBI introduces new guidelines to broaden Credit Card network choices for consumers
The Reserve Bank of India (RBI) has launched new regulations aimed at expanding the options and flexibility available to consumers…
06 MAR 2024
