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Category: BANKING

India’s Forex Reserves up by $305 Mn To $654.3 Bn
BANKING

India’s Forex Reserves up by $305 Mn To $654.3 Bn

BIZNAMA NEWS23 March 2025

AMN India’s foreign exchange reserves witnessed an increase of USD 305 million, reaching USD 654.271 billion in the week ending…

BANKING

US Federal Reserve holds interest rates steady

BIZNAMA NEWS20 March 2025

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
BANKING

RBI, BOM sign MoU to promote use of local currencies for cross-border transactions

BIZNAMA NEWS18 March 2025

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
BANKING

RBI awarded digital transformation Award 2025 for digital initiatives

BIZNAMA NEWS15 March 2025

The Reserve Bank of India – RBI has been selected for the Digital Transformation Award 2025 by Central Banking at…

BANKING

India has taken lead in providing finance to renewable energy projects: RBI Governor 

BIZNAMA NEWS14 March 2025

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
BANKING

RBI to issue new series of 100 & 200 denomination Notes

BIZNAMA NEWS11 March 2025

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
BANKING

RBI reviews MSME’s crucial role in country’s economy

BIZNAMA NEWS3 March 2025

AMN The 29th Meeting of the Standing Advisory Committee on Micro, Small and Medium Enterprises, MSME, credit flow took place…

BANKING

India’s private sector companies made higher profits, reduced debt: RBI

BIZNAMA NEWS25 February 2025

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
BANKING

RBI imposes monetary penalty of Rs 39 lakh on Citibank

BIZNAMA NEWS22 February 2025

The Reserve Bank of India, RBI has imposed a monetary penalty of thirty nine lakh rupees on Citibank for non-compliance…

India’s Forex Reserves Dip by $2.54 Billion After 3 Weeks of Growth: RBI
BANKING

India’s Forex Reserves Dip by $2.54 Billion After 3 Weeks of Growth: RBI

BIZNAMA NEWS21 February 2025

AMN India’s foreign exchange reserves dropped by 2.54 billion dollars, reaching over 635.7 billion dollars in the week ending February…

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