Community & General News


RBI framework for invoicing and payments for international trade in Indian Rupee

   07 February 2023 at 08:34

The Reserve Bank of India (RBI) has allowed invoicing and payments for international trade in Indian Rupee vide A.P (DIR Series) Circular No. 10 RBI/2022-2023/90 dated 11.07.2022 on "International Trade Settlement in Indian Rupees (INR)"

Posted in Community & General |   2706 Views


RBI releases 2022 list of Domestic Systemically Important Banks (D-SIBs)

   04 January 2023 at 08:45

State Bank of India, ICICI Bank, and HDFC Bank continue to be identified as Domestic Systemically Important Banks (D-SIBs), under the same bucketing structure as in the 2021 list of D-SIBs.

Posted in Community & General |   8334 Views


More than 12 lakh loans extended in rural areas between April, 2020 and November, 2022

   13 December 2022 at 08:44

As per the data provided by Public Sector Banks, more than 12 lakh loans have been extended in rural areas across the country, after the Covid period i.e. from April, 2020 to November, 2022.

Posted in Community & General |   2364 Views


Over 37.76 crore loans disbursed under Pradhan Mantri Mudra Yojana so far

   13 December 2022 at 08:44

More than 37.76 crore loans amounting to over Rs. 20.43 lakh crore disbursed since inception of Pradhan Mantri Mudra Yojana

Posted in Community & General |   2142 Views


CBDC pilot launched by RBI in retail segment has components based on blockchain technology

   13 December 2022 at 08:44

Central Bank Digital Currency (CBDC) pilot launched by RBI in retail segment has components based on blockchain technology

Posted in Community & General |   3267 Views


1st G20 Central Bank Deputies meet in Bengaluru - Finance Track in focus

   12 December 2022 at 08:38

1st Finance & Central Bank Deputies Meeting under the G20 Presidency of India scheduled in Bengaluru on Tuesday

Posted in Community & General |   2187 Views


RBI hikes repo rate by 35 basis points to 6.25%

   07 December 2022 at 10:27

The Reserve Bank of India (RBI) raised its key lending rate by 35 basis points on Wednesday as inflation continues to stay above the central bank's tolerance band.

Posted in Community & General |   3801 Views


FM Nirmala Sitharaman inaugurates DRI's 65th Founding Day Celebrations

   06 December 2022 at 08:40

The Directorate of Revenue Intelligence (DRI), the apex anti-smuggling intelligence and investigation agency functioning under the aegis of the Central Board of Indirect Taxes and Customs (CBIC), celebrated its 65th Foundation Day at New Delhi.

Posted in Community & General |   2166 Views


RBI to launch first pilot of retail digital rupee on 1st Dec 2022

   30 November 2022 at 08:32

The Reserve Bank announces the launch of the first pilot for retail digital Rupee (e₹-R) on December 01, 2022.

Posted in Community & General |   7872 Views


CBN seizes 272 kg illicit Opium worth Rs 14 crore from inter-state drug cartels

   24 November 2022 at 08:42

In continuance of Anti-Drug operations, officers of Central Bureau of Narcotics (CBN) Neemuch, have busted inter-state drug cartels involved in trafficking of illicit Opium from North East India to Rajasthan.

Posted in Community & General |   1914 Views



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