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Reserve Bank Of India

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Bank Frauds Creep Back, RBI Sounds Alarm

Fraud reported by banks declined in 2024-2025 to 23,953 as compared to 36,060 in the previous year though the amount involved jumped to Rs 36,014 crore from Rs 12,230 crore. Kindly note that this......

In An AI-Obsessed World, India's Craft May Redefine 'Made In India'

What is currently perceived as a massive, low-tech liability could become a high-value, export-oriented economic engine, points out Ajit Balakrishnan. Illustration: Dominic Xavier/Rediff   When I......

SC asks CBI to probe digital arrest scams nationwide

The Supreme Court on Monday asked the Central Bureau of Investigation to carry out a unified pan-India probe into digital arrest scam cases and asked the RBI as to why it was not using Artificial......

FinMin Pushes RBI for Faster Fraud Shield

By enabling real-time data sharing, the platform will help prevent scams and ensure secure transactions. Illustration: Dominic Xavier/Rediff   The finance ministry has raised concerns with the......

Men posing as RBI officials stop cash van, flee with Rs 7 cr

In perhaps the first such incident in Bengaluru, unidentified men allegedly posing as Reserve Bank of India officials intercepted a ATM cash van and fled with about Rs 7 crore on Wednesday, police......

Flipkart gets lending licence from Reserve Bank

Flipkart has received a lending licence from the Reserve Bank of India (RBI), the Walmart-backed ecommerce company confirmed on Thursday. Photograph: Abhishek N Chinnappa/Reuters The nod came in......

RBI imposes Rs 91 lakh penalty on HDFC Bank

A penalty of Rs 91 lakh has been imposed on HDFC Bank for violating certain provisions of the Banking Regulation Act, the Reserve Bank said on Friday. Photograph: Shailesh Andrade/Reuters The......

Forex reserves drop $5.62 bn to $689.73 bn

India's forex reserves dropped $5.62 billion to $689.73 billion for the week ended October 31, the Reserve Bank of India said on Friday. Photograph: Dado Ruvic/Reuters The overall reserves had......

India's forex reserves decline $4.47 bn to $688 bn

India's forex reserves declined $4.47 billion to $688.104 billion during the week ended November 21 due to a steep decrease in the value of gold reserves, the RBI said on Friday. Illustration:......

RBI's gold reserves crossed 880 metric tonnes by Sep

The Reserve Bank's gold reserves crossed 880 metric tonnes in the first half of 2025-26 with the central bank adding 0.2 metric tonnes in the last week of September. Photograph: Amit Dave/Reuters......

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