In a recent development, the Reserve Bank of India (RBI) has announced that it will soon release a new ₹20 currency note featuring the signature of the newly appointed RBI Governor, Sanjay Malhotra.
RBI Currency Rule: In our country, all the laws and rules related to banks and Indian currency are made by the Reserve Bank of India. RBI has recently taken an important decision related to the 50 ...
India’s central bank injected $5 billion through a foreign-exchange swap auction, deploying the tool for the first time since ...
If the RBI can print money, why doesn’t it just make more to fix inflation and job losses? The answer lies in law, reserves, ...
The Reserve Bank of India (RBI) has strongly asserted that its approach to digital currency regulation, particularly ...
MUMBAI – India’s central bank is moving to tighten its grip on how resident Indians send money abroad, with new rules expected to bar them from holding foreign currency deposits that have fixed terms ...
The Indian rupee hit a new low against the US dollar, breaching the 90 mark again due to trade deal challenges and corporate demand. Despite a weaken ...