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India has around 176 billion rupee banknotes in circulation, far exceeding US dollar and euro notes. Know why cash demand remains high despite digital payments.
Indian Rupee Beats US Dollar and Euro in Number of Banknotes in Circulation Read More
Bloomberg has retracted its report alleging that the RBI sold gold to protect India’s forex reserves. The central bank’s denial has been vindicated as official data confirm India’s gold holdings remain unchanged.
Bloomberg Backs Down: Retracts Report Claiming RBI Sold Gold to Defend Forex Reserves Read More
India may soon introduce plastic currency notes as the RBI revives its polymer banknote plan. Learn how plastic rupee notes could improve durability, security, and reduce counterfeiting across the country.
RBI’s New Move: Plastic Rupee Notes Could Soon Enter Circulation Read More
Finance Minister Nirmala Sitharaman confirms India’s next wave of bank mergers, saying discussions with RBI and banks are underway to build large, world-class financial institutions capable of driving national growth.
FM Sitharaman Confirms Fresh Round of Bank Mergers, Says India Needs ‘World-Class Giants’ Read More
Mumbai: The Reserve Bank of India (RBI) has announced the continuation of the repo rate at 6.5%, marking the sixth consecutive instance of maintaining this rate unchanged. The decision was …
RBI keeps repo rate unchanged at 6.5 percent Read More
RNS: The Reserve Bank of India has decided to withdraw Rs 2,000 denomination banknotes from circulation. The Reserve Bank of India (RBI) has announced that the public can now use any …
RBI to withdraw Rs 2000 bank notes from circulation; to remain as legal tender Read More RNS: The Reserve Bank of India (RBI) will launch the pilot project of the Digital Rupee in the wholesale segment on Tuesday. Digital Rupee will be used for the settlement …
RBI launches E-Rupee Read More