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RBI

The Press Information Bureau’s fact-checking unit has clarified a viral message circulating on social media and WhatsApp claiming that the Reserve Bank of India (RBI) has instructed banks to stop dispensing ₹500 notes from ATMs by September 2025.

The Reserve Bank of India is expected to slash the repo rate by 25 basis points in the Monetary Policy Committee (MPC) meet in August.

India’s fiscal deficit stood at ₹2.8 lakh crore for the April-June quarter, accounting for 17.9 per cent of the full-year estimate for FY26, according to government data released on Thursday.

India’s digital payments grew 10.7% year-on-year as of March 2025, according to the RBI’s Digital Payments Index (DPI).

Unclaimed deposits across Indian banks have soared to an unprecedented ₹67,003 crore as of June 2025, prompting the Reserve Bank of India (RBI) to intensify efforts to reunite account holders with their forgotten funds.

India’s Unified Payments Interface (UPI) has emerged as the world’s most used real-time payment system, according to the International Monetary Fund (IMF).

Despite global uncertainties around tariffs, the Indian economy remains resilient, supported by strong macroeconomic fundamentals, the Reserve Bank of India (RBI) said on Wednesday.

India’s economy will likely grow at 6.5% in FY26, supported by domestic factors despite global challenges, says EAC-PM chief S Mahendra Dev.

The US Senate's GENIUS Act paves the way for sovereign-backed stablecoins. India must act now with clear regulations to lead in fintech.

India’s retail inflation based on the Consumer Price Index (CPI) fell to 2.1 per cent in June, marking the lowest level since January 2019.