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Monday, Oct 25, 2021
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RBI

Your FD Real Returns May Have Turned Negative After RBI Slashes Inflation Projection By 40 Percentage Points

Oct 20, 2021 Pushpita Dey

With FD rates at an all-time low, inflation and tax outgo will erode your investment. This may hit senior citizens the most.

Indian UPI and Singaporean Equivalent PayNow To Be Linked

Sep 14, 2021 Outlook Business Team

Linkage of these fast payment systems will enable users to make instant, low-cost fund transfers on a reciprocal, cross-border basis.


Cheque Payments Get A New Hedge with ‘Positive Pay System’

The RBI had provided instructions regarding the Positive Pay System and asked the lenders to launch the mechanism on January 1. It has made it mandatory for the banks that customers must be informed about the procedure.

Received Torn Note From ATM? Here's How You Can Exchange It

Aug 31, 2021 Outlook Web Bureau

The notes so presented shall be accepted, exchanged and adjudicated in accordance with Reserve Bank of India (Note Refund) Rules, 2009.


Have Multiple Torn Notes? Don't Worry, Your Money Is Safe; Check Details

According to RBI, a mutilated note is a note of which a portion is missing or which is composed of more than two pieces.

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23 July, 2021

Rupee Down 12 Paise To 74.58 Against US Dollar In Early Trade

PTI

The rupee opened at 74.55 versus the dollar on the interbank foreign exchange, then slipped to 74.58, a drop of 12 paise from its previous finish.


15 June, 2021

Rupee Surges 13 Paise To 73.16 Against US Dollar In Early Trade

PTI

Global oil benchmark Brent crude futures rose 0.29 per cent to USD 73.07 per barrel.


04 June, 2021

RBI Projects Retail Inflation At 5.1% In FY22 On Supply-Side Measures, Monsoon

PTI

The second wave of the pandemic and the consequent restrictions on activity on a virtually pan-India basis puts upside risks to inflation.


04 June, 2021

RBI Keeps Interest Rate Unchanged, Cuts Growth Forecast For Current Fiscal To 9.5%

Outlook Web Bureau

The central bank has projected retail inflation at 5.1% in 2021-22.


03 June, 2021

Rupee Falls 9 Paise To 73.18 Against US Dollar In Early Trade

PTI

The Indian Rupee falls 9 paise from 73.09 to 73.18 against US Dollar


02 May, 2021

Govt Appoints Rabi Sankar As Next RBI Deputy Governor

PTI

The other three deputy governors are Michael D Patra, who heads the all-important monetary policy department; Mukesh Kumar Jain, the commercial banker-turned-central banker; and Rajeshwar Rao.


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07 April, 2021

RBI Maintains Status Quo, Keeps Repo Rate Unchanged At 4%

Outlook Web Bureau

This is the fifth time in a row the central bank has maintained a status quo on policy rate.


28 March, 2021

RBI Likely To Maintain Status Quo Amid Uncertainty Caused By Covid Surge

Outlook Web Bureau

According to experts, the RBI is likely to continue with the accommodative monetary policy stance and wait for an opportune time to announce monetary action.


25 March, 2021

Regulation Should Not Constrain Innovation In Fintech Space: RBI Governor Shaktikanta Das

PTI

Effective regulation is a priority for the Reserve Bank, and regulation should not constrain innovation in the fintech space, the governor said


14 March, 2021

Drastic Changes In Monetary Policy Framework Can Upset Bond Market: Raghuram Rajan

PTI

Former RBI Governor's remarks were in response to a query on whether he was in favour of reviewing the 2-6 per cent target band for inflation under the monetary policy framework.


20 February, 2021

SC Directs RBI To Frame New Bank Locker Regulations In Six Months

Outlook Web Bureau

The Supreme Court held that banks cannot wash off their hands towards their customers for the operation of lockers.


05 February, 2021

RBI Policy Outcome: Sensex, Nifty Jump To End At Fresh Points

Outlook Web Bureau

Following RBI keeping its interest rates unchanged, Sensex takes a leap of 117 points while Nifty ended at 14,924.25


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05 February, 2021

Repo Rate Unchanged At 4%, 10.5 GDP Growth Projected For 2021-22

Outlook Web Bureau

The reverse repo rate will also continue to earn 3.35 per cent for banks for their deposits kept with RBI.


Photo Gallery

Living founder Sri Sri Ravi Shankar and others during the National Inter-religious Conference, organised by the Lokmat media group to celebrate the golden jubilee year of its Nagpur edition, in Nagpur.

PTI Photo

Pakistan's cricket captain Babar Azam, left, and Mohammad Rizwan celebrate their victory in the Cricket Twenty20 World Cup match between India and Pakistan in Dubai, UAE.

AP Photo/Aijaz Rahi

Pakistan's Mohammad Rizwan runs to celebrate their victory in the Cricket Twenty20 World Cup match between India and Pakistan in Dubai, UAE.

AP Photo/Aijaz Rahi

Indian cricket captain Virat Kohli, centre, hugs Pakistan's Mohammad Rizwan after Pakistan won the the Cricket Twenty20 World Cup match between India and Pakistan in Dubai, UAE.

AP Photo/Aijaz Rahi

India's Mohammed Shami reacts after he was hit by three consecutive boundaries during the Cricket Twenty20 World Cup match between India and Pakistan in Dubai, UAE.

AP Photo/Aijaz Rahi
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Taliban: What’s Next For The International Community?

With all foreign soldiers out of Afghanistan, the Taliban is now in a position to do pretty much what it wants.

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Rising Challenges Of Plagiarism In The Era Of Online Education

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