Tag:rbi

Reserve Bank of India Introduces WhatsApp Channel for Direct Public Updates

The Reserve Bank of India (RBI) has launched its official WhatsApp channel. This initiative marks a modern approach to public communication by the central...

RBI and Bank of Mauritius Ink Pact to Boost INR and Mauritian Rupee for Bilateral Transactions

the Reserve Bank of India (RBI) has signed an agreement with the Bank of Mauritius to promote the use of the Indian Rupee (INR)...

RBI’s 25 Basis Points Rate Cut: A Catalyst for Revitalizing Housing Demand

The Reserve Bank of India (RBI) has reduced the repo rate by 25 basis points, bringing it down to 6.25%. This decision, marking the...

RBI’s New Directive on FPI to FDI Reclassification: What It Means for Foreign Investors

The Reserve Bank of India (RBI) has recently announced a significant change in how foreign portfolio investors (FPIs) can handle their equity stakes in...

Bank Credit Growth Hits 15.1% as of July, Deposits Lag Behind: RBI Report

In a recent update, the Reserve Bank of India (RBI) reported that non-food bank credit has surged to 15.1% growth as of July 2024,...

Concerned Over Significant Number Of Rs 2,000 Notes, Kolkata Trade Body Writes To RBI

In a move aimed at drawing attention to the escalating number of Rs 2,000 denomination notes in circulation, a prominent trade association in Kolkata...

Reports On ‘Missing’ Banknotes Ministerpretation Of Info: RBI

MUMBAI - The Reserve Bank of India (RBI) has firmly refuted recent reports that raised allegations of a discrepancy between the quantity of banknotes...

RBI: Now, bank boards must settle with wilful defaulters

MUMBAI: The Reserve Bank of India (RBI) has introduced a new regulation aimed at increasing caution among leaders when declaring borrowers as wilful defaulters...

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Coffee or Tea Which Is Healthier? A Detailed Comparison

Coffee or tea — which is healthier? This age-old question brews debate among health experts and enthusiasts alike. Both...
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Assam Fossil Discovery: Rare Coal-Age Amphibian Unearthed

Assam fossil discovery has taken center stage with the unearthing of a rare coal-age amphibian fossil in Makum. This...

MakeMyTrip to Raise $2.5 Billion to Reduce Trip.com’s Stake

Online travel giant MakeMyTrip has announced a major financial move—raising over $2.5 billion through the sale of shares and...

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Sikkim Band GATC Shines: Simon Cowell, Sofia Vergara Wowed

The music world recently witnessed a proud moment for...