Bharat Express

RBI

RBI emphasizes services sector as a strategic lever for productivity enhancement in emerging economies

The benchmark lending rate at the Reserve Bank of India has been unanimously decided to remain at 6.5 per cent.

The value of e-Rupee-Wholesale and e-Rupee-Retail in circulation stood at Rs 10.69 crore and Rs 5.70 crore, respectively, as on March 31, 2023.

According to the petitioner in this case, only the Government could have made the decision to stop issuing Rs 2000 currency notes because the RBI lacks the authority to do so.

India’s services exports rose 13.1% on year to $30.48 billion in March, provisional RBI data showed in early May. April services exports as per provisional government data rose to $30.36 billion.

RBI Governor Shaktikanta Das justified the decision to withdraw Rs 2,000 notes

In an effort to combat suspicious accounts and counterfeit currency, the Reserve Bank of India (RBI) has introduced new guidelines for banks.

Government to Receive Massive Rs 87,416-Crore Dividend from RBI for FY23

RBI Withdraws ₹2000 Notes, Total Circulation Drops to 10.8% as of March

"At first, they claimed that importing 2000 notes would end corruption. They now claim that by outlawing 2000 notes, corruption will come to an end."