WEB DESK Digital payment users faced hindrance in processing transactions on India’s real-time payments system, Unified Payments Interface (UPI), for the third time in a week. Retail payments body, National…
AMN Ahead of the Reserve Bank’s Monetary Policy Committee meeting scheduled from 7th to 9th of this month, the government has approved the appointment of Poonam Gupta as the new…
The Reserve Bank of India (RBI) had announced the withdrawal of ₹2000 denomination banknotes from circulation vide Press Release 2023-2024/257 dated May 19, 2023. The status of withdrawal of ₹2000…
AMN / WEB DESK The Reserve Bank of India (RBI) celebrated its 90th anniversary today. To recognize this important milestone, an event was organised by the Reserve Bank of India…
AMN / MUMBAI The President of India, Mrs Droupadi Murmu today graced the closing ceremony of the commemoration of 90th year of the Reserve Bank of India here. Speaking on…
The Reserve Bank has permitted banks to increase charges on ATM cash withdrawals beyond the free monthly usage by 2 rupees, raising the fee to 23 rupees per transaction from…
AMN / NEW DELHI Parliament has passed the Banking Laws (Amendment) Bill 2024 with the Rajya Sabha approving it today. The Lok Sabha has already passed the bill. The bill…
In the Forex market, the rupee today strengthened by 34 paise to close at 85 rupees and 64 paise against the US dollar, supported by a positive trend in domestic…
AMN India’s foreign exchange reserves witnessed an increase of USD 305 million, reaching USD 654.271 billion in the week ending March 14, according to the latest data from the Reserve…
US Federal Reserve has kept its benchmark interest rate unchanged in the 4.25 per cent to 4.50 per cent range. The American central bank also indicated that two quarter-point interest-rate…
