About 76 per cent of the Rs 2000 banknotes have returned to the banking system since the Reserve Bank of India (RBI) in May decided to withdraw the high-value note from circulation.
The Division bench of Justice Satish Chander Sharma and Justice Subramonium Prasad decided to dismiss the petitions. The RBI has opposed the plea, stating that Rs 2000 notes continue to be legal tender.
Evidence and analysis are core inputs in policy formulation, Reserve Bank of India Governor Shaktikanta Das said on Friday and noted that policymaking and monitoring processes have increasingly become more data-intensive
Pune (Maharashtra) [India], June 30: Necklaces to bangles, and bracelets to rings, Indians have a strong fondness for gold. In India, gold is much more than just a precious metal. Its high market value and universal acceptance present a reliable collateral option. By pledging gold as securit
Pune (Maharashtra) [India], June 27: PhiCommerce, India's foremost payment aggregator and platform, continues to strengthen its leadership team with the addition of two highly experienced professionals. Ajit Choudhary has been appointed as the Chief Operating Officer (COO), while Nahush Moha
Pune (Maharashtra) [India], June 26: In times of financial emergencies or when immediate funds are required, individuals often find themselves searching for convenient and reliable sources of financing. Bajaj Finance Gold Loan emerges as an ideal solution, providing quick access to funds aga
Pune (Maharashtra) [India], June 20: The most essential feature that compels individuals to invest in FD is its stable interest rate. It is not exposed to market volatilities. Depositors can grow their money in a secure way since the interest rate they get remains unchanged. This is also the
New Delhi [India], June 20: Giverly, a social impact fintech Start-up, announced the launch of its Social Impact prepaid card in partnership with Visa and Transcorp International Limited, a 29-year-old Reserve Bank of India (RBI) regulated Authorised Dealer Category II and perpetual Prepaid
Mumbai (Maharashtra)/ New Delhi [India], June 20: Chrysalis Services, a consultancy dedicated to changing the landscape of the Indian social sector and bridging the gap between the privileged and underprivileged, aims to address the pressing need for Environmental Sustainability Governance (
Pune (Maharashtra) [India], June 19: Bajaj Markets, a subsidiary of Bajaj Finserv, is one of India's leading fintech startups, offering a wide range of financial products including Sovereign Gold Bonds.
India's overall foreign exchange reserves declined USD 1.318 billion to USD 593.749 billion in the week that ended on June 9, 2023, data released by the Reserve Bank of India on Friday showed.