RBI cancels licence of Independence Co-operative Bank Limited

Mumbai (Maharashtra) [India], February 3 (ANI): The Reserve Bank of India (RBI) on Thursday said it has cancelled...

Forex transaction on unauthorised ETPs will lead to penal...

Mumbai (Maharashtra) [India], February 3 (ANI): The Reserve Bank of India (RBI) on Thursday cautioned the people not...

Crypto's like Bitcoin and Ethereum will never become a legal...

New Delhi [India], February 2 (ANI): Cryptocurrencies like Bitcoin or Ethereum will never become a legal tender,...

Government does not recognize private cryptocurrency as legal...

New Delhi [India], February 1 (ANI): Noting that digital currency to be issued by the Reserve Bank of India (RBI)...

India's Forex reserves decline by $678 million to $634.28 billion

Mumbai (Maharashtra) [India], January 29 (ANI): India's foreign exchange (forex) reserves fell by $678 million to...

RBI imposes monetary penalty on 8 cooperative banks

Mumbai [India], January 24 (ANI): The Reserve Bank of India (RBI) on Monday imposed penalties on eight cooperative...

India's forex reserves rise by $2.22 billion to $634.96 billion

Mumbai (Maharashtra) [India], January 22 (ANI): India's foreign exchange (forex) reserves rose by $2.229 billion to...

India's forex reserves drop by USD 878 million to USD 632.73...

Mumbai [India], January 14 (ANI): India's foreign exchange (forex) reserves fell by USD 878 million to USD 632.736...

Deepak Kumar, Ajay Kumar Choudhary appointed as new executive...

New Delhi [India], January 5 (ANI): The Reserve Bank of India (RBI) has appointed Ajay Kumar Choudhary and Deepak...

RBI releases framework for facilitating small value digital...

Mumbai [India], January 3 (ANI): The Reserve Bank of India (RBI) on Monday released 'framework for facilitating...

NRIs, OCIs don't require prior approval to buy immovable...

Mumbai [India], December 29 (ANI): Non-Resident Indians (NRIs) and Overseas Citizen of India (OCIs) do not require...

Inflation, Omicron major risks to Indian economy: RBI

Mumbai [India], December 29 (ANI): Inflation and COVID-19 new variant Omicron pose major challenges to the Indian...