RBI decides to reduce policy repo rate to 6.25%
The Reserve Bank of India has decided to reduce the policy repo rate to 6.25 per cent from 6.5 per…
Category: BANKING
Rupee Hits Record Low of 87.57 Against US Dollar
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
Reserve Bank of India has informed that the total value of 2000 rupee banknotes in circulation dropped to 6,577 crore…
India’s Digital Boom: Payment Transactions Soar 44% to ₹18,000 Cr
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
AMN The digital payment transactions in the country have gone up to over 18,000 crore rupees last financial year, registering…
Over 90% taxpayers may embrace new regime with new slabs: CBDT Chairman
The Budget announcement of zero tax for earnings up to 12 lakh rupees per annum and the rejig of tax…
RBI publishes Payment System Report for Dec 2024
The Reserve Bank of India has published the Payment System Report, December 2024. The report analyses the trends in payment…
RBI to inject liquidity into banking system
On a review of current liquidity and financial conditions, the Reserve Bank has decided to conduct certain operations to inject…
SBI Research Report ahead of Union Budget 2025-26
India continues to remain the bright spot globally, supported by its strong macro fundamentals and the government should focus on…
Rupee appreciates by 25 paise against US dollar
In the Forex market, the rupee today appreciated by 25 paise to settle at 86 rupees and 33 paise against…