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RBI Surprises With Double Rate Cut Than Expected: What It Means For EMIs
The Reserve Bank of India (RBI) has slashed its key lending rate, or the repo rate, by 50 basis points to 5.5% as inflation softens within its comfort level.
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Rs 100, Rs 200 Currency Notes To Have RBI Governor Sanjay Malhotra's Signature
The Reserve Bank of India on Tuesday said it will shortly issue banknotes of Rs 100 and Rs 200 denominations bearing the signature of Governor Sanjay Malhotra.
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Will Banks Remain Closed On January 1, 2025? What You Need To Know
Even if the banks are closed, customers should note that their websites and mobile banking services will remain active. They can carry out daily transactions through these and ATMs.
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Ripple Debuts RLUSD Stablecoin with Former RBI Chief Raghuram Rajan on Advisory Board
This week, Ripple launched its RLUSD stablecoin, pegged 1:1 to the US dollar. Advisory board member and former RBI governor Raghuram Rajan noted that stablecoins could soon play a key role in private payment systems.
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98% Of Rs 2,000 Notes Have Been Returned Since Withdrawal Order: RBI
The Reserve Bank of India on Tuesday said 98 per cent of the Rs 2,000 denomination notes have been returned since its May 2023 move to withdraw the currency notes.
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97.96% Rs 2,000 Notes Returned, Rs 7,261 Crore Worth Notes Still With Public
The Reserve Bank of India (RBI) on Monday said 97.96 per cent of the Rs 2000 denomination banknotes have returned to the banking system, and only Rs 7,261 crore worth of the withdrawn notes are still with the public.
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New Rules From September: 5 Key Financial Deadlines That Will Impact You
New Rules From September: Take note of these 5 changes in September 2024, including the Aadhaar free update and credit card changes.
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2.08% Of Rs 2000 Notes, Valued Rs 7,409 Crore, Still To Be Returned: RBI
About 2.08 per cent or Rs 7,409 crore of the withdrawn Rs 2,000 banknotes have not yet been returned to the RBI, about ten months after the deadline to deposit or exchange them at bank branches were over.
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Rs 2,000 Notes Worth Rs 7,581 Crore Still With Public: RBI
The Reserve Bank of India (RBI) on Monday said 97.87 per cent of the Rs 2000 denomination banknotes have returned to the banking system, and only Rs 7,581 crore worth of the withdrawn notes are still with the public.
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Rs 2,000 Notes Worth Rs 7,755 Crore Still With Public: RBI
The Reserve Bank of India (RBI) on Monday said 97.82 per cent of the Rs 2000 denomination banknotes have returned to the banking system, and only Rs 7,755 crore worth of the withdrawn notes are still with the public.
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Share Of Rs 500 Note Jumps To 86.5% After Rs 2,000 Note Withdrawn: RBI
The share of Rs 500 denomination currency notes in overall currency has jumped to 86.5 per cent at the end of March 2024, as against 77.1 per cent in the year-ago period, the Reserve Bank of India (RBI) said on Thursday.
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RBI Governor Says Permanent Deletion of Transactions Would Make CBDCs Like Cash Notes
RBI governor Shaktikanta Das disclosed some more intricacies about the eRupee. Speaking at the BIS Innovation Summit 2024, in Basel, Switzerland, Das has said that India’s CBDC would offer the same privacy for transactions that cash notes offer.
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97.69 Percent Of Rs 2000 Currency Notes Returned To Banking System: RBI
The Reserve Bank of India (RBI) on Monday said nearly 97.69 per cent of the Rs 2000 denomination bank notes have returned to the banking system, and only Rs 8,202 crore worth of the withdrawn notes are still with the public.
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RBI Will Not Accept Or Exchange Rs 2,000 Notes On April 1: Here's Why
The Reserve Bank of India (RBI) has announced that it will not be exchanging or accepting Rs 2000 notes on April 1 due to the annual closing of accounts.
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More Than 97% Of Rs 2,000 Notes Returned Since May 2023: RBI
The Reserve Bank of India said on March 1 that about Rs 8,470 crore worth of the Rs 2,000 banknotes are still with the public.
-
RBI Surprises With Double Rate Cut Than Expected: What It Means For EMIs
The Reserve Bank of India (RBI) has slashed its key lending rate, or the repo rate, by 50 basis points to 5.5% as inflation softens within its comfort level.
-
Rs 100, Rs 200 Currency Notes To Have RBI Governor Sanjay Malhotra's Signature
The Reserve Bank of India on Tuesday said it will shortly issue banknotes of Rs 100 and Rs 200 denominations bearing the signature of Governor Sanjay Malhotra.
-
Will Banks Remain Closed On January 1, 2025? What You Need To Know
Even if the banks are closed, customers should note that their websites and mobile banking services will remain active. They can carry out daily transactions through these and ATMs.
-
Ripple Debuts RLUSD Stablecoin with Former RBI Chief Raghuram Rajan on Advisory Board
This week, Ripple launched its RLUSD stablecoin, pegged 1:1 to the US dollar. Advisory board member and former RBI governor Raghuram Rajan noted that stablecoins could soon play a key role in private payment systems.
-
98% Of Rs 2,000 Notes Have Been Returned Since Withdrawal Order: RBI
The Reserve Bank of India on Tuesday said 98 per cent of the Rs 2,000 denomination notes have been returned since its May 2023 move to withdraw the currency notes.
-
97.96% Rs 2,000 Notes Returned, Rs 7,261 Crore Worth Notes Still With Public
The Reserve Bank of India (RBI) on Monday said 97.96 per cent of the Rs 2000 denomination banknotes have returned to the banking system, and only Rs 7,261 crore worth of the withdrawn notes are still with the public.
-
New Rules From September: 5 Key Financial Deadlines That Will Impact You
New Rules From September: Take note of these 5 changes in September 2024, including the Aadhaar free update and credit card changes.
-
2.08% Of Rs 2000 Notes, Valued Rs 7,409 Crore, Still To Be Returned: RBI
About 2.08 per cent or Rs 7,409 crore of the withdrawn Rs 2,000 banknotes have not yet been returned to the RBI, about ten months after the deadline to deposit or exchange them at bank branches were over.
-
Rs 2,000 Notes Worth Rs 7,581 Crore Still With Public: RBI
The Reserve Bank of India (RBI) on Monday said 97.87 per cent of the Rs 2000 denomination banknotes have returned to the banking system, and only Rs 7,581 crore worth of the withdrawn notes are still with the public.
-
Rs 2,000 Notes Worth Rs 7,755 Crore Still With Public: RBI
The Reserve Bank of India (RBI) on Monday said 97.82 per cent of the Rs 2000 denomination banknotes have returned to the banking system, and only Rs 7,755 crore worth of the withdrawn notes are still with the public.
-
Share Of Rs 500 Note Jumps To 86.5% After Rs 2,000 Note Withdrawn: RBI
The share of Rs 500 denomination currency notes in overall currency has jumped to 86.5 per cent at the end of March 2024, as against 77.1 per cent in the year-ago period, the Reserve Bank of India (RBI) said on Thursday.
-
RBI Governor Says Permanent Deletion of Transactions Would Make CBDCs Like Cash Notes
RBI governor Shaktikanta Das disclosed some more intricacies about the eRupee. Speaking at the BIS Innovation Summit 2024, in Basel, Switzerland, Das has said that India’s CBDC would offer the same privacy for transactions that cash notes offer.
-
97.69 Percent Of Rs 2000 Currency Notes Returned To Banking System: RBI
The Reserve Bank of India (RBI) on Monday said nearly 97.69 per cent of the Rs 2000 denomination bank notes have returned to the banking system, and only Rs 8,202 crore worth of the withdrawn notes are still with the public.
-
RBI Will Not Accept Or Exchange Rs 2,000 Notes On April 1: Here's Why
The Reserve Bank of India (RBI) has announced that it will not be exchanging or accepting Rs 2000 notes on April 1 due to the annual closing of accounts.
-
More Than 97% Of Rs 2,000 Notes Returned Since May 2023: RBI
The Reserve Bank of India said on March 1 that about Rs 8,470 crore worth of the Rs 2,000 banknotes are still with the public.
