Finance
RBI starts pilot digital currency program for select banks
On Tuesday, India's central bank launched a digital currency pilot program, allowing select banks to use it to settle secondary-market ...
Tag: RBI
RBI to soon launch Digital Rupee on pilot basis for limited use
The Reserve Bank of India (RBI) announced that it will soon begin testing digital currency in India by piloting the ...
RBI hikes repo rate by 50 bps to 5.90%
On Friday, the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) announced a 50 basis point (bps) increase in ...
India’s forex reserves fall by $5.22 bn to near two-year low: RBI data
India's foreign exchange reserves fell for the seventh week in a row, falling to $545.652 billion in the week to ...
India’s forex reserves down $2.23 billion to $550.87 billion
The country's foreign exchange reserves fell by USD 2.234 billion for the week ending September 9, falling to USD 550.871 ...
RBI MPC hikes repo rate by 50 bps to 5.40%
The Reserve Bank of India's Monetary Policy Committee (MPC) raised the repo rate by 50 basis points to 5.40 percent ...
RBI allowed invoicing and payments for international trade in Indian Rupee
The Reserve Bank of India (RBI) has allowed invoicing and payments for international trade in Indian Rupee vide A.P (DIR ...
RBI’s MPC is expected to begin raising key lending rate from April
The RBI's MPC is expected to begin raising the key lending rate from its next review meeting in April, Crisil ...
