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The RBI is expected to launch a pilot programme for central bank digital currency (CBDC) transactions for interbank borrowing or call money market operations by October.

E-Rupee pilot in call money market by October: RBI

Over the next month, nearly Rs.1 lakh crore held by the RBI since August would be gradually released to banks.

Rs.1 lakh crore deposits to be released by RBI

The Reserve Bank of India (RBI) said that the UPI System will also contain pre-approved credit limits given by banks for transactions, on Monday .

RBI approves Operation of Pre-Sanctioned Credit Lines at Banks through UPI

The RBI has issued a big update regarding Rs.2000 Bank Notes. As per new data, a total of 93 percent of notes worth Rs.2000 have returned to banks.

Withdrawal of Rs.2000 Denomination Banknotes: 93% of Rs.2000 notes returned to Banks; Last date for deposit is September 30

RBI has imposed a monetary penalty of Rs.30,50,000 on Paul Merchants Finance Private Limited for failing to comply with certain terms of Master Directions on Prepaid Payment Instruments (PPIs) dated August 27, 2021 (as of November 12, 2021).

RBI imposed Monetary Penalty of Rs.30.5 Lakh on Paul Merchants Finance

RBI has imposed Rs.6 Lakhs Monetary Penalty on 4 Cooperative Banks for non-compliance with certain provisions of the RBI KYC Direction 2016.

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E-Rupee pilot in call money market by October: RBI

Rs.1 lakh crore deposits to be released by RBI

RBI approves Operation of Pre-Sanctioned Credit Lines at Banks through UPI

Withdrawal of Rs.2000 Denomination Banknotes: 93% of Rs.2000 notes returned to Banks; Last date for deposit is September 30

RBI imposed Monetary Penalty of Rs.30.5 Lakh on Paul Merchants Finance

RBI imposed Monetary Penalty on 4 Cooperative Banks; Check Reason