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India’s forex reserves increase by $689 million to $584.55 billion
Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen
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UPI payments record highest growth at 185% in 2020-21
Digital payments in India grow faster as economy gets back on the growth curve but the pandemic refuses to relent
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RBI Governor Shaktikanta Das expresses optimism about COVID situation following roll-out of vaccines
Shaktikanta Das made these remarks in his opening speech at the 41st Meeting of the SAARCFINANCE Governors' Group
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Why is RBI creating a private-led digital payment backbone?
As India clocks unprecedented growth in digital retail payments, the central bank wants to minimise concentration risk and promote innovation and comp
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Naya Kashmir requires naya search for J&K Bank CEO
J&K Bank is no ordinary financial institution. It is the only bank in India where the major shareholder is a union territory (earlier state) governme
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Digital currency can transform payment transactions; poses disintermediation risk: RBI report
The report said in countries with significant credit markets, commercial banks may lose their primacy as the major conduit of monetary policy transmis
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Rising fuel prices: Five state governments sacrifice revenues to offer some respite to Aam Aadmi
The Centre is yet to respond with a cut with the Union petroleum minister blaming rise in crude prices and increased spending by the government to tid
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Here’s why fall in oil prices is vital for lower inflation
The RBI believes it is time for the central/state governments to trim down taxes clamped on diesel and petrol
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DHFL resolution: Company receives no objection from RBI, files application with NCLT
Earlier this week, DHFL had announced Piramal Group's resolution plan getting approval from RBI
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Who is propping up the dead DHFL stock?
Retail investors hold shares worth Rs 232 crore in the scam-hit home financier whose equity holding will be wiped out soon. Are more investors walking
