3 days ago
RTGS stands for real-time gross settlement. (Photo Credit: Representational Image/ Unsplash)

  • The Reserve Bank of India has notified all the bank users that they will not be able to use the real-time gross settlement 
  • The facility will be unavailable from April 17, 2021 till 2 PM on Sunday, April 18, 2021
  • The RBI said that there were changes being made in technical aspects of the facility

Washington, Apr 16 (PTI) India has been exemplary in publishing its foreign exchange market intervention, the US Department of Treasury said in a report to Congress on Friday.

New Delhi, Apr 12 (PTI) In a double whammy for the economy, retail inflation jumped to a four-month high of 5.52 per cent in March while industrial output contracted for the second month in a ...

Mumbai, Apr 12 (PTI) The Indian rupee fell for the sixth straight session to mark its lowest level in nearly nine months at 75.05 against the American currency on Monday as investors fretted ...

Mumbai, Apr 12 (PTI) The rupee fell for the sixth straight session and settled 32 paise down at 75.05 (provisional) against the US dollar on Monday amid a lacklustre trend in the domestic ...

Mumbai, Apr 9 (PTI) The country's foreign exchange reserves declined by USD 2.415 billion to stand at USD 576.869 billion in the week ended April 2, RBI data showed on Friday.    In the ...

Mumbai, Apr 7 (PTI) Equity indices darted up on Wednesday, propelled by banking, auto and IT stocks, after the RBI expectedly left interest rates unchanged and maintained its accommodative ...

7 April.Mumbai, Maharashtra, India
RBI Governor Shaktikanta Das said on Wednesday that interest rates will remain unchanged. (Photo Credit: Twitter/@RBI)

  • RBI Governor Shaktikanta Das said there is no need for a loan repayments moratorium at present
  • He added businesses are better prepared today to deal with the situation
  • Das reminded that the RBI has taken innovative measures since the pandemic started to help ecomomy

Mumbai, Apr 7 (PTI) Amid an increase in localised lockdowns across the country, Reserve Bank Governor Shaktikanta Das on Wednesday said there is no need for a loan repayments moratorium at ...

7 April.Mumbai, Maharashtra, India
The digital wallet limit has been changed from Rs 1 lakh to Rs 2 lakh per individual. The step was taken to enhance financial services digitally. (Photo Credit: Twitter/ @ANI)

  • RBI Governor Shaktikanta Das stated that rising COVID cases can be a hurdle in economic recovery
  • RBI's latest monetary policy kept policy rate and interest rates unchanged
  • The GDP growth has been forecast at 10.5% for fiscal year 2021-22