Digital currency transactions drop post RBI goal
Bhoi Smrutirekha Dharanidhar India’s experiment with its own digital currency, the e-rupee, has hit a snag. After a successful launch in December 2022,…
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RBI Revokes License of Mumbai’s The City Co-operative Bank
The Reserve Bank of India (RBI), which acts like a super bank for all the other banks in India, has…
Read MoreSEBI directs Religare for Burman open offer by July 12th
The Securities and Exchange Board of India (SEBI), which regulates India’s stock market, has directed Religare Enterprises Limited (REL) to…
Read MoreSabPaisa approved by RBI as payment aggregator.
SabPaisa, a company offering payment solutions in India, has received the final go-ahead from the Reserve Bank of India (RBI)…
Read MoreRBI Raises Minimum Amount for Big Deposits in Banks
On June 7, the Reserve Bank of India (RBI) updated the bulk deposit threshold for scheduled commercial banks and small…
Read MoreRBI Likely to Hold Rates Steady: Focus on Inflation Fight
The Reserve Bank of India’s Monetary Policy Committee (MPC) is set to meet from June 5th to 7th, 2024. Experts…
Read MoreZurich Insurance can up stake in Kotak General.
There’s big news in the Indian insurance sector today! Kotak Mahindra Bank has announced that Zurich Insurance, a global insurance…
Read MoreRBI Brings Back 1 Lakh Kg of Gold from UK in Historic Move
The Reserve Bank of India (RBI) has moved approximately 1 lakh kilograms (100 tonnes) of gold from the United Kingdom…
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