RBI Defends Currency Moves to Protect Economy
The RBI stated in its monthly bulletin that India aims to keep its currency stable to safeguard the economy from global risks. They addressed criticism...
Tag : RBI
Reserve Bank of India (RBI) Issues Framework for Reclassification of FPI to FDI
On Monday, the Reserve Bank of India issued a framework for reclassifying foreign portfolio investor (FPI) investments to foreign direct investment (FDI) if the entity...
Adequate and Timely Funding Key to Achieving Sustainable Agriculture: RBI Deputy Governor
The speech at the conference in Pune by the respected Deputy Governor Swaminathan J of the Reserve Bank of India emphasised the importance of promoting...
RBI Deputy Governor Alerts Fintech Platform Lenders on Privacy Concerns During Loan Recovery
India’s digital lending infrastructure has enabled the online loan sanctioning process. However, according to news agency ANI, Swaminathan J stated that a physical approach is...
RBI Plans To Launch ‘Unified Lending Interface’ Technology Platform
RBI Governor Shaktikanta Das introduces ULI and describes it as a groundbreaking advancement in the lending sector, forming a new trinity with JAM and UPI....
RBI Governor Shaktikanta Das Ranked as Top Central Banker for 2nd Consecutive Year
According to a report by US-based Global Finance magazine, RBI Governor Shaktikanta Das has been ranked as the top central banker for the second consecutive...
Indian Govt Bond Yields Steady on RBI Warning of Cautious Policy on Inflation
Indian government bond yields are anticipated to experience minimal changes at the start of the day on Tuesday, August 20, 2024. This cautious outlook comes...
Indian Rupee Dropped 2 Paise to INR 83.97 Against US Dollar
The Indian rupee traded within a narrow range and ended the day, as of August 12, 2 paise lower at INR 83.97 against the US...
RBI Surprised Markets with a More than Expected Tougher Tone
The RBI’s tougher or hawkish tone discouraged currency traders from betting against the rupee. The Indian currency is currently at its lowest value ever due...
RBI Proposed To Increase Upper Limit for UPI Tax Payments to Rs 5 Lakhs
During the Monetary Policy Committee (MPC) meeting, the Reserve Bank of India (RBI) proposed to increase the upper limit for tax payments through the Unified...