₹2000 notes worth ₹9760 crores neither deposited nor exchanged: RBI
According to the RBI, no deposits or exchanges have been made for ₹2000 denomination notes, which are valued at ₹9760 crore
India’s forex reserves drop $ 462 million to $ 590.321 billion
The reserves took a hit as the central bank deployed the kitty to defend the rupee amid pressures caused majorly by global developments since last year.
India’s inflation further eases; here’s what experts have to say
CPI has continued on a downward trajectory for the third straight month. Core inflation has also trended down during this period.
Monetary Ceiling Of Gold Loans Increased To 4 Lakhs For UCBs By RBI
The step is a part of several initiatives to strengthen cooperatives and treat them equally with other types of economic entities, both as beneficiaries and participants.
G20 Finance Ministers Meeting : Sitharaman To Leave For Morocco
Sitharaman and RBI Governor Shaktikanta Das will co-chair the fourth G20 Finance Ministers and Central Bank Governors (FMCBG) meeting at Marrakech, Morocco
Stock Markets Soar After RBI Maintains The Repo Rate
In Asian markets, Seoul and Hong Kong closed higher, while Tokyo closed lower
RBI Governor: 87% Of Rs 2,000 Notes Came As Bank Deposits; Rs 12,000 Cr In Currency Has Yet To Be Returned
Das instructed the financiers to smell where the crisis is likely to come up and to take proper action
RBI Keeps Repo Rate At 6.5%
According to Shaktikanta Das, the current fiscal year's growth target remains at 6.5 percent with risks evenly balanced..
Markets Rise Ahead Of RBI’s Assessment Of Its Monetary Policy
In the early trade, the 30-share BSE Sensex gained 257.41 points to 65,888.98 points..
RBI Advises Banks: Return Property Papers To Borrowers Within 30 Days Of Repayment Or Pay Rs 5k Per Day For Late Payment
The timeline and place of return of original movable/immovable property documents will be mentioned in the loan sanction letters issued on or after the effective date
