RBI
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Economy
RBI reveals number of fake ₹500 notes is 10x more than fake ₹2000 notes in FY23
There's been 14.4% rise in counterfeit ₹500 notes in the country as per the data released by RBI.
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Economy
RBI to transfer ₹87,416 crore ‘surplus money’ made in FY22 to Centre
The Government will decide where this extra cash will be used. In FY21, RBI had transferred ₹30,307 crore.
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India
Indian banks transfer ₹35,000 crore in unclaimed deposits to Reserve Bank
State Bank of India tops the list of banks with the highest unclaimed deposits, followed by other public sector banks;…
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Economy
Wholesale Inflation in double-digit domain since a year, averages highest in 30 years
The wholesale Price Index rose to a four-month high of 14.55% in March.
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Governance
Union cabinet approves infusion of Rs 1,500 Crore in Indian Renewable Energy Development Agency
This equity infusion of Rs. 1,500 crore will help in the generation of employment, about 10,200 jobs-year as well as…
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Governance
Centre announces auction for sale of Rs 26,000 crore government securities
The Centre also announced the sale of ‘6.10% Government Security, 2031’ for a notified amount of Rs 14,000 crore (nominal)…
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Economy
India to launch its own digital currency, trials begin in December as interest in crypto grows: RBI
The central bank is looking into several aspects, including the security of digital currency, its impact on monetary policy and…
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Economy
India’s retail inflation hits 3-month low of 5.59% in July; Industrial output up
The CPI data has come below the Reserve Bank of India’s (RBI) upper margin of 6% for the first time…
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Economy
Foreign reserves at all-time high of $620.576 Billion: RBI retains GDP growth target at 9.5%, keeps repo rate at 4%
The RBI Governor said the country is in a much better position than in June 2021, “but we need to…
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Economy
What we learned about today’s speech of RBI Governor
Reserve Bank of India (RBI) Governor Shaktikanta Das announced several schemes, such as the second round of loan restructuring and…
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