News

RBI emphasized that, as of the close of business on February 29, 2024, the total value of Rs.2,000 banknotes in circulation had decreased to Rs.8,470 crore from Rs.3.56 lakh crore on May 19, 2023, the day the withdrawal was announced.

Rs.2000 Banknotes Withdrawal: Total value of Banknotes in circulation declined to Rs.8,470 crore by Feb end

NEFT system has achieved a milestone on February 29, 2024, by processing 4,10,61,337 transactions, the highest number of transactions processed in a day so far.

Milestone of processing 4,10,61,337 Transactions Reached by NEFT on 29.02.2024

RBI has imposed a monetary penalty of Rs.29.30 lakh on 2 Cooperatives and 1 Sahakari Bank for non-compliance with directions issued by RBI.

RBI imposes Monetary Penalty on 2 Cooperative and Sahakari Bank for non-compliance with direction

RBI imposes Monetary Penalties on 2 Cooperative and Sahakari Bank for non-compliance with direction

Articles

The Reserve Bank of India (RBI) has amended Capital Adequacy Guidelines which is going to be applicable from April 1, 2024.

RBIs amended Capital Adequacy Guidelines applicable from April 1, 2024

Notifications

The Reserve Bank of India  (RBI) has released a Single Master Circular for all Supervisory Returns and Timelines for Filing of Returns.

RBI releases Single Master Circular for all Supervisory Returns and Timelines for Filing of Returns

The Reserve Bank of India (RBI) has imposed a Monetary Penalty of Rs.32.30 lakh on Canara Bank for non-compliance with directions.

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Rs.2000 Banknotes Withdrawal: Total value of Banknotes in circulation declined to Rs.8,470 crore by Feb end

Milestone of processing 4,10,61,337 Transactions Reached by NEFT on 29.02.2024

RBI imposes Monetary Penalties on 2 Cooperative and Sahakari Bank for non-compliance with direction

RBIs amended Capital Adequacy Guidelines applicable from April 1, 2024

RBI releases Single Master Circular for all Supervisory Returns and Timelines for Filing of Returns

RBI imposes Monetary Penalty of Rs.32 Lakh on Canara Bank for non-compliance with directions