Reserve Bank Of India

The Reserve Bank of India (RBI) on October 4 commenced its three-day bi-monthly Monetary Policy Committee (MPC) meeting with the financial market participants monitoring the developments keenly. RBI Generally Holds 6 Bi-Monthly…

The Reserve Bank of India (RBI) on September 30 extended the deadline for the exchange of Rs 2,000 notes till October 7. RBI Removed Rs 2,000 Notes From Circulation On May 19 “As the period specified for the withdrawal process…

The Reserve Bank of India (RBI) on July 27 has issued a comprehensive clarification, seeking to address the authenticity and value of currency notes with a star (*) symbol on the number panel. Currency Notes With 'Star' Symbol…

India and the United Arab Emirates (UAE) inked Memorandums of Understanding (MoUs) for setting up a link in real-time for cross-border transactions and settle trade in domestic currencies. India, UAE Sign Agreements The…

The Reserve Bank of India (RBI) on June 8 said that Rs 1.80 lakh crores worth Rs 2,000 notes have come back to the system following the government's decision to withdraw the notes from circulation. Half Of All Rs 2,000 Notes In…

The Reserve Bank of India (RBI) on May 23 explained to the Delhi High Court that withdrawal of Rs 2,000 notes is not 'demonetisation' but a statutory exercise. Withdrawal Of Rs 2,000 Notes Not 'Demonetisation' The RBI said the…

The governor of the Reserve Bank of India, Shaktikanta Das said that the Rs 2,000 note remains legal tender and that businesses cannot refuse them. No one can refuse the Rs 2,000 notes as instructed by the RBI before. Rs 2,000…