RBI

  • RBI to begin a trial programme for retail digital rupee from Dec 1

    Trial programme for retail digital rupee: The first pilot for retail digital rupee will commence on December 1, according to a statement from the Reserve Bank of India (RBI). The closed user group for the pilot will consist of participating...

    Published On November 29th, 2022
  • India’s Foreign Exchange rise 2 weeks in a row

    India's Foreign Exchange: After experiencing a persistent decline for several months due to the depreciation of the rupee and the Reserve Bank of India's (RBI) involvement in the currency markets, India's foreign exchange reserves increased for two weeks in a...

    Published On November 27th, 2022
  • What are Repo and Reverse Repo rates? Explained

    Repo and Reverse Repo rates: The Reserve Bank of India develops and implements monetary policies with the express intent of regulating the amount of money available in the economy in order to promote different facets of economic growth. Such monetary...

    Published On November 27th, 2022
  • RBI approves HDFC Bank and Canara Bank for currency exchange with Russia: Report

    The Reserve Bank of India (RBI) has approved the opening of a special "vostro account" for commerce in rupees with Russia by state-run Canara Bank Ltd. and prominent private sector lender HDFC Bank Ltd. Vostro accounts are a crucial component...

    Published On November 22nd, 2022
  • Reserve Bank of India, RBI Functions, Governor, Headquarter

    Reserve Bank of India Reserve Bank of India: The Reserve Bank of India is the central bank of India which is responsible for  regulating the Indian banking system. It is responsible for managing a state's currency, money supply, and interest rates....

    Published On November 14th, 2022
  • RBI Governors, Check RBI Governor List Who has worked as Governor of RBI

    RBI Governors Reserve Bank Of India i.e. RBI is the Central Bank of India. RBI was established on 1st April 1935 under the provision of the Reserve Bank of India Act, 1934, and was formed by the recommendation of "Hilton...

    Published On March 16th, 2022