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Finance Minister Arun Jaitley clarified confusions posed due to allegations on the Rafale aircraft deal saying the government has maintained complete transparency in the matter and the negotiations have helped bring down the costs of the fighter jets. (Photo: ANI)

Arun Jaitley meets RBI DG, IT Secretary for data localisation

The meeting was also attended by Subhash Chandra Garg, Rajiv Kumar and Ajay Prakash Sawhney.

8 Oct 2018 4:17 PM IST

Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.

RBI directs payment operators to keep data within India

RBI said, will be given six months to make the necessary transition.

6 April 2018 11:53 AM IST

Reserve Bank on Thursday tightened the rules to discourage use of virtual currencies like Bitcoins.

RBI cracks down on digital currencies; plans own cryptocurrency

Reserve Bank on Thursday tightened the rules to discourage use of virtual currencies.

5 April 2018 6:21 PM IST

RBI has also reported that the general public has withdrawn Rs. 1,03,316 crore from their accounts either over the counter or through ATMs during this period.

B P Kanungo appointed deputy governor of RBI

Kanungo was in March last year appointed as Executive Director in central bank.

11 March 2017 6:07 PM IST