All posts tagged "RBI"
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336NEWSRBI continues to monitor Inflation and take corrective measures
The Reserve Bank of India (RBI) has taken a number of steps in recent months to control inflation, which has been rising...
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2.0KNEWSRBI Announced Repo Rate Hike To Check Inflation
Announcement : The MPC has announced a repo rate hike of 35bp making the current rate to 6.25%. This rate hike was...
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3.5KBUSINESSReserve Bank of India is working on the Phased Implementation of Central Bank Digital Currency in India, making virtual currency a reality.
A CBDC is a legal tender issued by the central bank, as the name suggests. It has the same functional capabilities as...
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3.3KBUSINESSFacility for emergency healthcare ,RBI unveils Rs 50,000 crore liquidity
As the country is facing an emergency crisis under healthcare system for Covid crisis , Reserve Bank of India (RBI) Governor Shaktikanta...
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5.8KFINANCERBI asks banks to block bank accounts of cryptocurrency exchanges
RBI continues the effort to ban cryptocurrency in India. In the latest move, RBI asked banks to stop the banking operations of any...
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3.9KGOVERNMENTRBI looking at its own Cryptocurrency ‘Lakshmi’ similar to Bitcoin
The Reserve Bank of India is considering a proposal to introduce India’s own cryptocurrency that will be similar to Bitcoin, to be...
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3.6KFINANCERBI allows banks to invest up to 10% of REITs’, InvITs’ capital
Infrastructure and real estate are the two most important sectors for the growth of any developing economy. Both these sectors need a...
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4.3KBREAKINGRBI to Introduce new Rs.200 Notes in the market
According to an inside source, The Board of Reserve Bank of India (RBI) have shown a green signal for the introduction of...
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3.9KFINANCEPrivate Banks To Charge Rs 150 Beyond 4 Cash Transactions/Month
Things for common people haven’t been settled even after 4 months of Demonetization. Private Banks like HDFC, ICICI, AXIS etc will now...
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3.5KNEWSRBI sends Rs 805 crores currency to AP banks
RBI sent Rs 805 crores to their AP chest at Vishakapatnam by Monday. From today this money will be distributed to public...