The Indian central bank's unexpected and decisive intervention in the foreign exchange markets over the past two days, worth ...
The Indian rupee dropped to its lifetime low on Monday as the risk of fresh U.S. trade tariffs spurred losses in most ...
This digital transformation is further evidenced by the RBI's Digital Payment Index, which has more than quadrupled from its base value of 100 in March 2018 to 445.50 in March 2024. RBI Deputy ...
Executive Editor David Carnoy has been a leading member of CNET's Reviews team since 2000. He covers the gamut of gadgets and is a notable reviewer of mobile accessories and portable audio ...
The Reserve Bank of India (RBI) on Monday set up a new standing external advisory committee, which will evaluate applications for universal banks and small finance banks (SFBs). The committee headed ...
The Reserve Bank of India (RBI) has issued new rules aimed at streamlining and tightening the settlement process for dues payable by borrowers to Asset Reconstruction Companies (ARCs). The revised ...
Great news for mobile users in India! The Reserve Bank of India (RBI) has recently introduced two dedicated phone number series for financial institutions to make transaction and marketing calls ...
Photo Credit: JOTHI RAMALINGAM B State Bank of India’s economic research department expects the Reserve Bank of India (RBI) to announce longer-term (2-3 years) buy-sell currency swaps to shore ...
This brings the curtains down on almost an era at RBI. The RBI's defining role is that it is the monetary authority of the country- the creator of money, the regulator of the cost of money and the ...
A claim has been circulating on social media, suggesting that the Reserve Bank of India (RBI) has mandated the use of specific ink colors for writing cheques. However, the Press Information Bureau ...
FACT CHECKBOOM's fact-check reveals no such directive from RBI, and the claim is false. Several viral posts on social media are falsely claiming that cheques written in black inc will no more be ...
In a significant push to enhance the global usage of the Indian Rupee (INR) and local currencies for cross-border transactions, the Reserve Bank of India (RBI) has liberalised key regulations under ...