News

Members of the public can exchange Rs. 2000 banknotes upto to a limit of Rs. 20,000/- at a time.

RBI withdraws Rs. 2000 Denomination Banknotes: Public Advised to deposit them by September 30, 2023

The Reserve Bank of India has imposed a monetary penalty of Rs.10,000 on Manipur Rural Bank for contravention of/ non-adherence with the directions issued by RBI.

RBI imposed monetary penalty on Manipur Rural Bank; Check Details

The Reserve Bank of India has imposed a monetary penalty of Rs.2.00 lakh on Tripura Gramin Bank for contravention of/non-adherence with the directions issued by RBI.

RBI imposes Monetary Penalty on Tripura Gramin Bank

The Reserve Bank of India (RBI) has imposed a penalty of Rs.2.92 crore on Canara Bank for non-compliance with certain provisions of directions issued by the central bank.

RBI imposed Penalty of 2.9 crore on Canara Bank for this reason

Press Release

RBI has issued advisory to banks, emphasizing need to take steps to ensure complete transition away from LIBOR from July 01, 2023.

Cessation of LIBOR: Complete Transition away Libor from July 01, 2023

Circulars

RBI has issued a circular clarifying the concept of Informal Micro Enterprises (IMEs) in order to qualify for government incentives and be classified as PSLs.

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RBI withdraws Rs. 2000 Denomination Banknotes: Public Advised to deposit them by September 30, 2023

RBI imposed monetary penalty on Manipur Rural Bank; Check Details

RBI imposes Monetary Penalty on Tripura Gramin Bank

RBI imposed Penalty of 2.9 crore on Canara Bank for this reason

Cessation of LIBOR: Complete Transition away Libor from July 01, 2023

RBI clarifies Formalisation of Informal Micro Enterprises on Udyam Assist Platform