Reserve Bank Of India News
Digital Rupee Launch Soon? Why Has RBI Collaborated With US, EU, UAE Before a Full Roll-Out
The Reserve Bank of India is looking to collaborate with the US and the European Union for its digital rupee before a full scale roll-out. The country is also set to extend its partnership with the United Arab Emirates (UAE) for the cross-border pilot of CBDC. Watch for more details!
22 Oct 2024Muthoot Finance, Manappuram Finance Shares Dive 3% After RBI Flagged Gold Loan Concerns
Muthoot Finance and Manappuram Finance shares declined almost 3% in trade on October 1. The Reserve Bank of India flagged deficiencies in gold-lending practices. The RBI flagged issues with the to use of third party agencies, inadequate due diligence and monitoring of end use of funds. Watch!
1 Oct 2024How Account Aggregator Shows All Your Finances In Just One Place | Explained
The AA framework launched by Reserve Bank of India (RBI) is not only helping individuals to view all their savings in one place and track their spending habits, but also enabling banks to sanction small-ticket loans to customers instantly. Life insurers are also using the framework to sanction policies on an instant basis. Investment products are also getting integrated into the system.
15 Feb 2024RBI Tells Banks To Stop Relying On OTPs For Authentication Amid Rising Scams & Frauds
During his latest monetary policy address, RBI governor Shaktikanta Das said that the regulator wants banks and fintechs to come up with authentication mechanisms other than SMS-linked OTPs. This in view of the rising number of cyber scams and OTP-linked frauds. But what are some of the other ways in which authentication can be done? Watch
13 Feb 2024How Paytm Payments Bank Came Under RBI’s Scanner | Explained
RBI’s restrictions on Paytm Payments Bank have raised a storm. Its stock has hit lower circuits for three consecutive days including on Monday despite Vijay Shekhar Sharma’s efforts to douse the fire. He tweeted to thank users and supporters. And said, the company is working towards implementing RBI instructions. But why did RBI come down on Paytm? What got Paytm under RBI’s scanner in the first place? Watch the full video to find out.
5 Feb 2024How RBI’s Restrictions On Paytm Payments Bank Impact You | All You Need To Know | Watch
RBI in a press release announced some restrictions on Paytm Payments Bank. Posts on the subject have put #paytm right at the top of the trending section of X formally known as Twitter. If you are a Paytm user or shareholder or both, this must have got your attention as well. Watch this video to understand how the restrictions will impact you.
2 Feb 2024Soaring Tomato Prices Have RBI Analysts Worried; Can Spoil RBI’s Anti-Inflation Efforts
When RBI analysts start to write articles worrying about something you know things might be getting out of hand. Off late, if there’s one thing that seems to be slipping out of everybody’s hands, it’s tomatoes. Soaring tomato prices across the country have caught the attention of RBI analysts, who think, the spike in tomato prices is a serious concern. If unchecked, the last-mile battle to keep inflation under control can prove to be difficult.
18 Jul 2023Half of all ₹2k notes returned | Mint Primer | Mint
The Reserve Bank of India (RBI) announced the withdrawal of ₹2,000 banknotes from circulation, providing a deadline for deposit or exchange. In this video, we delve into the reasons behind this move, the impact on liquidity, and the response from the public. Explore the decline in circulation, the reconciliation of deposited and exchanged notes, and updates on the deadline extension. Learn how RBI aims to minimize inconvenience for individuals both in India and abroad.
14 Jun 2023Indian banks better off than American, European peers | Mint Explains | Mint
In this video, we’ll explore the factors that make Indian banks different from their troubled US counterparts and why they may be better positioned to weather the storm.
15 May 2023India’s forex reserves drop $2.16 bn to $584.24 bn | Mint Primer | Mint
After a decline of $2.16 billion, India’s forex reserves now stand at $584.25 billion. What factors led to this dip and how does it impact the Indian economy? Stay tuned as we explore the key reasons and consequences in detail.
7 May 2023Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared