Rupee Rises for 9th Straight Session, Closes at 85.64/USD
In the Forex market, the rupee today strengthened by 34 paise to close at 85 rupees and 64 paise against…
Category: BANKING
India’s Forex Reserves up by $305 Mn To $654.3 Bn
AMN India’s foreign exchange reserves witnessed an increase of USD 305 million, reaching USD 654.271 billion in the week ending…
US Federal Reserve holds interest rates steady
US Federal Reserve has kept its benchmark interest rate unchanged in the 4.25 per cent to 4.50 per cent range.…
RBI, BOM sign MoU to promote use of local currencies for cross-border transactions
BIZNAMA The Reserve Bank of India (RBI) and the Bank of Mauritius (BOM) have signed a Memorandum of Understanding to…
RBI awarded digital transformation Award 2025 for digital initiatives
The Reserve Bank of India – RBI has been selected for the Digital Transformation Award 2025 by Central Banking at…
India has taken lead in providing finance to renewable energy projects: RBI Governor
RBI Governor Sanjay Malhotra said that India has taken the lead in providing finance to renewable energy projects by including…
RBI to issue new series of 100 & 200 denomination Notes
AMN The Reserve Bank of India announced that it will soon issue 100 and 200 rupees denomination banknotes in the…
RBI reviews MSME’s crucial role in country’s economy
AMN The 29th Meeting of the Standing Advisory Committee on Micro, Small and Medium Enterprises, MSME, credit flow took place…
India’s private sector companies made higher profits, reduced debt: RBI
India’s private sector companies made more profit and reduced debt during 2023-24. The operating profit margin as well as net…
RBI imposes monetary penalty of Rs 39 lakh on Citibank
The Reserve Bank of India, RBI has imposed a monetary penalty of thirty nine lakh rupees on Citibank for non-compliance…