RBI

Bajaj Finance, SBI Cards Rally 4% as RBI Governor Says Unsecured Loan Stress Has Abated

Bajaj Finance, SBI Cards Rally 4%: Financial markets witnessed a significant boost today as leading NBFC and credit card stocks rallied up to 4%...

RBI Delivers Massive Repo Rate Cut: 50 Basis Points Slash Brings EMI Relief...

Breaking: The Reserve Bank of India or RBI has delivered a larger-than-expected surprise by cutting the repo rate by 50 basis points to 5.5%,...
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Finance
Ishika Setia

Digital Payments Surge in India: RBI Index Shows Impressive Growth in...

In the financial year 2022-2023 (FY23), digital payments experienced remarkable growth, as indicated by data from the Reserve Bank of India (RBI) index for...
Ishika Setia

Reserve Bank of India Withdraws 2,000 Rupee Notes from Circulation

Reserve Bank of India Withdraws 2,000 Rupee Notes - Know Everything in 2023 The 2,000 rupee notes will no longer be in circulation, but they...
Ishika Setia

Indian cash transactions will soon be surpassed by digital ones

Narendra Modi reiterated his belief that cash will soon be replaced by digital transactions as the country's preferred payment method, the UPI, gains popularity....
Nivedita Bangari

eRupee: You cannot convert the e-currency to cash for “NOW”

Currently, the central bank digital currency (CBDC) or the eRupee cannot be converted into cash or vice versa. The Reserve Bank of India will...
Nivedita Bangari
cryptocurrencies Crypto Liquidity fundamental analysis

RBI Governor calls Crypto currencies an equivalent to Gambling

Shaktikanta Das, Governor of the Reserve Bank of India (RBI), reiterated on Friday that crypto currencies are equivalent to gambling because their perceived value...
Kaushiki Ghosh
The RBI of India will shortly launch a pilot program for the digital rupee

The RBI of India will shortly launch a pilot program for...

According to a concept paper published on Friday, the Reserve Bank of India (RBI) will soon start small-scale pilot launches of a central bank-backed...