The government has clarified that the Reserve Bank of India has not prohibited the use of black ink on cheques. The RBI has not prescribed specific ink colours to be used for writing cheques.

The RBI said it intends to shortly initiate the process of resolution of the company under the Insolvency and Bankruptcy (Insolvency and Liquidation Proceedings of Financial Service Providers and ...

This brings the curtains down on almost an era at RBI. The RBI's defining role is that it is the monetary authority of the country- the creator of money, the regulator of the cost of money and the ...

After leaving RBI, Subba Rao was a Distinguished Visiting Fellow at the National University of Singapore (2014-18) and at the University of Pennsylvania (2019-20).

Attributing the fall in Indian rupee solely to the US dollar getting stronger, former Reserve Bank governor Raghuram Rajan has said any intervention by the RBI on this can end up harming Indian ...

Rate-sensitive banks, auto and realty stocks led the surge after the Reserve Bank of India (RBI) announced several measures that will help inject over INR 1 trillion liquidity into the banking ...

MUMBAI (Reuters) - The Reserve Bank of India (RBI) made net purchases of government bonds in the secondary market last week, marking the first such operation in over three years, data released on ...

The Reserve Bank of India (RBI) has appointed Ram Kumar, the former chief general manager of state-run Punjab National Bank (PNBK.NS), opens new tab, as the administrator for the housing finance ...

This is among the first conversations Governor Sanjay Malhotra, who succeeded Shaktikanta Das in December to lead the Reserve Bank of India (RBI), had with banks that has been made public. "While ...