RBI
-
In a pilot experiment, the RBI settles 2.75 billion rupees of government bonds using the electronic rupee
Mumbai: As part of a pilot, secondary market transactions involving Indian government bonds of 2.75 billion Indian rupees ($33.29 million)…
Read More » -
The RBI has released a concept note to raise awareness of digital currency issued by central banks (CBDC)
On October 7, 2022, the Reserve Bank of India (RBI) published a “Concept Note” regarding central bank digital currency (CBDC)…
Read More » -
Rates are rising, so make cuts: EMI pressure will increase, impacting consumption and loan demand
According to bankers and analysts, the Reserve Bank of India’s fourth interest rate increase in five months will increase equated…
Read More » -
Rupee adds 4 paisas to end the day at 79.53 versus the US dollar
The rupee recovered from early losses and edged up 4 paise to end the day at 79.53 against the US…
Read More » -
India May Ban 300 Apps To Plug The ‘Scum Route’ of Predatory loaning
Ruthless loaning by moment credit applications have prompted a spate of suicides in a few states. Large numbers of these…
Read More »