Search For "reserve"
RBI working on phased implementation of digital currency
Updated : 3 years, 8 months ago IST
New Delhi [India], July 20 (ANI): The Reserve Bank of India (RBI) is working on a phased implementation of the Central Bank Digital Currency (CBDC) in both wholesale and retail segments, Ajay Kumar Choudhary, Executive Director, RBI, said on Wednesday.
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Fijian economy on path to recovery despite challenges posed by COVID-19
Updated : 3 years, 8 months ago IST
Suva [Fiji], July 20 (ANI/Xinhua): The Fijian government has stepped up efforts to accelerate the economy despite challenges posed by the COVID-19 pandemic, said Fiji's Prime Minister Voreqe Bainimarama on Wednesday.
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PayU unveils Employee Value Proposition with entrepreneurship, collaborati
Updated : 3 years, 8 months ago IST
New Delhi [India] July 19 (ANI/PRNewswire): Today, PayU announced the launch of its new Employee Value Proposition (EVP) to deepen the brand's connection with existing and potential employees and build a more rewarding future for them. PayU's continued growth necessitated a formalised EVP. T
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RBI imposes restrictions on Mumbai-based Raigad Sahakari Bank
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 19 (ANI): The Reserve Bank of India has issued several directions to Raigad Sahakari Bank, Mumbai, including an upper limit on withdrawal by depositors.
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Bangladesh withdraws interest rate ceiling for NFCD accounts to boost fore
Updated : 3 years, 8 months ago IST
Dhaka [Bangladesh], July 18 (ANI): The central bank of Bangladesh on Sunday withdrew the interest rate ceiling on non-resident foreign currency deposits (NFCDs) in a bid to boost shrinking forex reserves.
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India's remittances from Gulf region declined in FY21: RBI
Updated : 3 years, 8 months ago IST
New Delhi [India], July 18 (ANI): The share of remittances from the Gulf Cooperation Council (GCC) region to India has declined in 2021, the Reserve Bank of India said, reflecting a slower pace of migration and the presence of the Indian diaspora in informal sectors that were hit the most du
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Indian economy remains resilient despite global headwinds: RBI
Updated : 3 years, 8 months ago IST
New Delhi [India], July 18 (ANI): The Indian economy remains resilient despite formidable global headwinds and amidst fears of a recession, the Reserve Bank of India said in its latest monthly bulletin.
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Pulwama terror attack: Security officials lay wreath on mortal remains of
Updated : 3 years, 8 months ago IST
Srinagar (Jammu and Kashmir) [India], July 18 (ANI): Security officials on Monday laid a wreath on the mortal remains of Central Reserve Police Force (CRPF) personnel Assistant Sub Inspector (ASI) Vinod Kumar who lost his life in a terrorist attack in the Gangoo area of Pulwama on Sunday.
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Girl injured in rhino attack in Assam's Kaziranga National Park
Updated : 3 years, 8 months ago IST
Kaziranga (Assam) [India], July 16 (ANI): A girl was injured in a rhino attack in Assam's Kaziranga National Park and Tiger Reserve on Saturday.
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No excessive money supply in the system that could stoke runaway inflation
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], July 16 (ANI): The Reserve Bank of India's monetary policy has been "very adroitly balanced" and it ensured that there is no excessive money supply in the system that could stoke runaway inflation, HDFC Bank Chairman Atanu Chakraborty said on Saturday.
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At G20, India and Indonesia agree to cooperate on payment systems, combati
Updated : 3 years, 8 months ago IST
New Delhi [India], July 16 (ANI): India and Indonesia on Saturday signed a Memorandum of Understanding (MoU) in Bali on the sidelines of the G20 meeting, to cooperate on a number of issues including payment systems and combating terror financing.
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US dollar strengthened much more against other currencies versus Indian ru
Updated : 3 years, 8 months ago IST
New Delhi [India], July 16 (ANI): The extent of fall in the value of the Indian rupee versus the US dollar has been lower in 2022 as compared to other major currencies. The US dollar index against six major currencies - Euro, British pound, Japanese yen, Swiss franc, Canadian dollar, and th
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