Search For "reserve bank"
SC dismisses plea alleging Kashmiri separatist group's money exchanged by
Updated : 1 year, 2 months ago IST
The Supreme Court has dismissed a petition which alleged that the Reserve Bank of India (RBI) exchanged currency notes worth Rs 30 crores that were defaced by a Kashmiri separatist group in 2013.
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India's foreign exchange reserves on a decline for over 3 months
Updated : 1 year, 2 months ago IST
India's foreign exchange reserves continue to decline, extending their slump for over three months now. India's forex reserves have slumped thirteen out of the past fourteen weeks, hitting about a 10-month low.
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RBI likely to follow the path of shallow rate cut in Feb MPC meeting: Repo
Updated : 1 year, 2 months ago IST
The Reserve Bank of India (RBI) may opt for shallow rate cuts in its upcoming Monetary Policy Committee (MPC) meeting in February 2025, says a report by Sharekhan, a capital markets company. This comes amidst a cautious global economic environment.
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Plea moved in Delhi HC over financial crisis at BitBNS crypto exchange, co
Updated : 1 year, 2 months ago IST
The petition, filed by several users, sought directions to mandate SEBI, the Union of India, the Ministry of Finance, the Reserve Bank of India, and the Ministry of Electronics and IT to establish a regulatory framework and policies for overseeing cryptocurrency exchanges and transactions to
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RBI lifts restrictions on Asirvad Micro Finance, DMI Finance
Updated : 1 year, 2 months ago IST
The Reserve Bank of India (RBI) has decided to lift restrictions placed on Asirvad Micro Finance and DMI Finance, with immediate effect, which was initially imposed in October 2024.
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RBI announces results of its Hackathon 2024; check award winners
Updated : 1 year, 2 months ago IST
RBI said these innovative solutions have the potential for wider adoption in the existing financial system, but are subject to compliance.
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India's forex reserves continue to fall, kitty now stands 10% below peak
Updated : 1 year, 2 months ago IST
In the week that ended December 27, the country's foreign exchange kitty declined by USD 4.112 billion to USD 640.279 billion, data from the Reserve Bank of India (RBI) showed.
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RBI may reduce policy rates by 50 basis points in the first half of 2025:
Updated : 1 year, 2 months ago IST
The Reserve Bank of India (RBI) is likely to cut policy rates by 50 basis points (bps) in the first half of 2025, says a report by Jefferies.
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Rupee will marginally depreciate against USD in CY25, will outperform many
Updated : 1 year, 2 months ago IST
The Indian Rupee (INR/RS) depreciated by 2.8 per cent in CY24 but still outperformed many of its peers. The Reserve Bank of India (RBI) has actively intervened in the forex market to manage currency fluctuations.
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Modi regime has created five time more employment than UPA regime: Union L
Updated : 1 year, 2 months ago IST
The government has significantly boosted employment in the past decade, creating nearly five times more jobs than during the United Progressive Alliance (UPA) era from 2004 to 2014, says Union Labour and Employment Minister, Mansukh Mandaviya citing data from the Reserve Bank of India (RBI)
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Loan against gold on rise, RBI raised concerns over irregular practices in
Updated : 1 year, 2 months ago IST
The Gold loans in the country has registered strong growth recently says a report by Reserve Bank of India.
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RBI to sell Rs 4.73 lakh crore government bonds in March quarter for state
Updated : 1 year, 2 months ago IST
The Reserve Bank of India will sell government bond worth Rs 4.73 lakh crore in January-March quarter of 2025 on State Governments and Union territories.
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