Tag: Reserve Bank of India
PM Modi Calls For Internationalising The Indian Rupee
Indian prime minister Narendra Modi wants to turn the Indian rupee into an acceptable currency across the world. The prime minister unveiled his vision while speaking at an event marking the foundation day of the Reserve Bank of India, which is the country's central bank.… Read More
Paytm’s Final Transaction: The End of an Era in India’s Fintech
The impending closure of Paytm Payments Bank (PPBL) marks a pivotal moment in India’s fintech realm, with significant repercussions for users. As a pioneer in digital payments, Paytm has played a central role in transforming the country’s financial landscape. However, regulatory scrutiny, including serious compliance… Read More
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India’s GDP Grows At 7.2 Per Cent In FY23 After Q4 Growth Accelerates To 6.1% In Q4
India’s gross domestic product (GDP) grew 7.2 per cent during the fiscal year 2022-2023 (FY23), surpassing the estimate of 7 per cent projected by the Reserve Bank of India (RBI). The latest data released by the National Statistical Office reveals that India's GDP growth gained… Read More
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Russian Central Bank Specialists To Meet RBI Counterparts; To Discuss Rupee-Ruble Payment
A team of specialists from the Russian Central Bank will meet their Indian counterparts from the Reserve Bank of India (RBI) this week to discuss rupee-ruble payment systems for future purchases. With the West mounting its economic sanctions, Moscow has been pushing countries to switch… Read More
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‘RBI To Give Gov’t Of India Rs. 50,000 Crore Profit…
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Rupee Hits Rs. 69, A New Low Against US Dollar – But No Cause For Panic…
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Raghuram Rajan Quits, He Was Not A Team Player And Seeking Publicity