Rs 2,000 Note Withdrawal Is Causing Headaches For Indians In Gulf
The RBI said it had asked banks to stop issuing Rs 2,000 notes with immediate effect. Dubai: Several Indians in the Gulf nations are having a harrowing time ever since…
Zomatos Take On RBIs Rs 2000 Note Withdrawal Strikes A Chord With Twitter Users
The Reserve Bank of India (RBI) recently announced the withdrawal of Rs 2000 notes from circulation on May 19, 2023. While the banknotes will still remain legal tender, the RBI…
Here’s What Experts Say About Changes Made In Liberalised Remittance Scheme For Credit Cards
Under the LRS, all resident individuals are allowed to remit up to USD 2,50,000 per financial year. New Delhi: Tax Collected at Source (TCS) for spending through international credit cards…
RBI Chief Shaktikanta Das Says Banks Should Have Adequate Capital Buffers, Liquidity
Shaktikanta Das said RBI is now looking at the business models of banks more closely. (File) Mumbai: Banks should have adequate capital buffers and liquidity and be ready to report…
Monetary Policy At Work, Substantial Disinflation Achieved: RBI
The retail inflation in March fell to a 15-month low of 5.66 per cent. (File) Mumbai: Monetary policy is at work. Substantial disinflation has been achieved, but the road to…
RBI Officials, Bank Executives To Hold Talks On Supervisory Issues In May: Report
Reserve Bank of India officials will meet with executives at state-run banks on May 22. (File) Mumbai: India’s central bank will hold separate meetings with the executive of state-run and…
RBI Holds Key Interest Rate At 6.5%, Adds Pause “For This Meeting Only”
RBI keeps policy repo rate unchanged at 6.5%. (File) New Delhi: The Reserve Bank of India (RBI) Governor Shaktikanta Das today decided to pause repo rate hikes, maintaining the key…
Forex Reserves Rise To $572.8 Billion
in October 2021, the country’s forex kitty had reached an all-time high of $645 billion. (File) Mumbai: India’s forex kitty rose by $12.798 billion to $572.801 billion in the week…
Unlike Global Economy, India Would Not Slow Down: RBI Deputy Governor
The article said India’s real GDP can go up to Rs 170.9 lakh crore in 2023-24. (File) Mumbai: Unlike the global economy, India would not slow down and maintain the…
Worst Of Inflation Is Behind Us, Says RBI Governor Shaktikanta Das
RBI Governor Shaktikanta Das said there is a declining trend in global growth Mumbai: Reserve Bank governor Shaktikanta Das on Friday said despite the multiple shocks to the global economy…