MDR charges for small merchants with an annual turnover of up to Rs 20 lakh has been fixed at 0.40 per cent with a cap of Rs 200 per transaction.
VP said some people are asking, what was the benefit if all the money had reached to banks. It was to get the entire money into the banks.
The Reserve Bank of India decided to keep its key interest rates unchanged on Wednesday. The decision was taken after a two-day meeting of
Former Reserve Bank Governor Raghuram Rajan has dismissed any possibility of entering politics. There were reports of Rajan being offered Rajya
Bankers however are of the view that the Reserve Bank of India (RBI) would maintain status quo as inflation has risen.
A top official of RBI said: 'Right now, we have a group of people who are looking at fiat cryptocurrencies. Something that is an alternative to
Chidambaram tweeted: "RBI 'gained' Rs 16000 crore, but 'lost' Rs 21000 crore in printing new notes!"
As much as 99 per cent of the junked Rs 500 and Rs 1,000 notes have returned to the banking system, RBI said today, prompting the opposition to
Long queues of people were witnessed at RBI offices today to get the new Rs 200 currency note that has been introduced for the first time.
Reserve Bank of India Governor Urjit Patel informed the parliamentary committee that old notes deposited after government’s demonetisation are
With ordinance in place, Finance Minister Arun Jaitley today said the RBI is at a fairly advanced stage of preparing a list of borrowers where
The Reserve Bank of India (RBI) has refused to make public the list of loan defaulters with public sector banks despite an order of the Supreme
The response given by the Finance Ministry on an RBI report about the introduction of Sharia banking in India cannot be disclosed, the central
Reserve Bank Governor Urjit Patel today said India’s economic growth will make a “sharp V” recovery following the recall of old