Why is RBI shopping for gold? Reserve Financial institution of India purchases almost 13.3 tonnes of gold in Jan-Feb 2024
The Reserve Financial institution of India (RBI) has elevated its gold purchases to reinforce the range of its overseas change reserves amid fluctuations within the US greenback. The surge within…
RBI rebuilds foreign exchange struggle chest, hits $645.6 billion excessive
MUMBAI: The nation’s international alternate reserves logged a file excessive of $645.6 billion after rising by practically $3 billion within the week ended March 29. RBI governor Shaktikanta Das stated,…
RBI introduces two new UPI options! From money deposit to PPI pockets interoperability – what they imply for you
New UPI options: RBI governor Shaktikanta Das on Friday introduced two new options or measures for Unified Funds Interface (UPI) customers, with an purpose to reinforce ease of transactions and…
New UPI guidelines for entry for pay as you go devices: Now, switch cash out of your pay as you go pockets utilizing third get together apps
UPI Entry for Pay as you go Fee Devices (PPIs) by Third Get together App: The Reserve Financial institution of India (RBI) governor Shaktikanta Das on Friday introduced in his…
RBI financial coverage: Why Shaktikanta Das stated ‘the elephant has gone out for a stroll’
RBI Financial Coverage Assembly: “The elephant has now gone out for a stroll,” stated RBI governor Shaktikanta Das as a part of his financial coverage assertion. So what did Shaktikanta…
India financial coverage has to stay actively disinflationary, says RBI chief
DAVOS: Financial coverage in India should stay actively disinflationary regardless of the current sharp fall in core inflation, Reserve Financial institution of India governor Shaktikanta Das mentioned on the World…
Indian economic system prone to develop at 7% in FY24, inflation to ease: RBI governor
NEW DELHI: Reserve Financial institution of India (RBI) governor Shaktikanta Das praised the structural reforms undertaken by the federal government in recent times and stated that the Indian economic system…
“Very unhealthy”: What RBI governor Shaktikanta Das has to say about way forward for cryptocurrencies in India
Reserve Financial institution of India (RBI) Governor Shaktikanta Das has expressed issues in regards to the dangers posed by cryptocurrencies to rising market economies. Talking on the World Financial Discussion…
Globalising rupee will assist derisk commerce: Shaktikanta Das
MUMBAI: RBI governor Shaktikanta Das mentioned that India has launched into the internationalisation of the rupee as a result of dependence on one foreign money for world commerce was dangerous…
RBI governor Shaktikanta Das warns towards ‘algorithm-based’ lending by banks
Indian monetary establishments should guard towards counting on algorithms and synthetic intelligence to evaluate prospects for loans, Reserve Financial institution of India (RBI) Governor Shaktikanta Das mentioned.Mannequin primarily based, algorithm…
