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Category: BANKING

BANKING

RBI to Conduct $10 Billion Dollar-Rupee Swap Auction on 28th February

BIZNAMA NEWS21 February 2025

The Reserve Bank has announced a long-term dollar-rupee swap auction for ten billion dollars on 28th February 2025. According to…

India’s Forex Reserves Surge by $7.65 Billion, Cross $638.26 Billion Mark
BANKING

India’s Forex Reserves Surge by $7.65 Billion, Cross $638.26 Billion Mark

BIZNAMA NEWS14 February 2025

India’s foreign exchange reserves increased by over 7.65 billion dollars, reaching over 638.26 billion dollars in the week ending February…

RBI asks Banks to Remain Open for Govt Transactions on March 31
BANKING

RBI asks Banks to Remain Open for Govt Transactions on March 31

BIZNAMA NEWS12 February 2025

The Reserve Bank of India (RBI) has advised all agency banks to keep all their branches dealing with government business…

BANKING

RBI is ensuring that it buys enough gold to maintain an adequate reservoir: FM Sitharaman

BIZNAMA NEWS10 February 2025

The Government today said the Reserve bank of India is ensuring that it buys enough gold to maintain an adequate…

BANKING

Over 54 Cr Jan Dhan Accounts Opened; Women Hold 55% Share: FM Sitharaman

BIZNAMA NEWS10 February 2025

Over 54 crore bank accounts have been opened in the country till January this year under PM Jan Dhan Yojana.…

RBI decides to reduce policy repo rate to 6.25%
BANKING

RBI decides to reduce policy repo rate to 6.25%

BIZNAMA NEWS6 February 2025

The Reserve Bank of India has decided to reduce the policy repo rate to 6.25 per cent from 6.5 per…

BANKING

Rupee Hits Record Low of 87.57 Against US Dollar

BIZNAMA NEWS6 February 2025

In the Forex market, the rupee today depreciated by 11 paise to settle at a record low of 87 rupees…

Circulation of ₹2000 notes drops to ₹6,577 crore: RBI
BANKING

Circulation of ₹2000 notes drops to ₹6,577 crore: RBI

BIZNAMA NEWS4 February 2025

Reserve Bank of India has informed that the total value of 2000 rupee banknotes in circulation dropped to 6,577 crore…

BANKING

India’s Digital Boom: Payment Transactions Soar 44% to ₹18,000 Cr

BIZNAMA NEWS3 February 2025

The digital payment transactions in the country have gone up to over 18,000 crore rupees last financial year, registering an…

India’s Digital Boom: Payment Transactions Soar 44% to ₹18,000 Cr
BANKING

India’s Digital Boom: Payment Transactions Soar 44% to ₹18,000 Cr

BIZNAMA NEWS3 February 2025

AMN The digital payment transactions in the country have gone up to over 18,000 crore rupees last financial year, registering…

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