Tag: Rbi

According to RBI sources, so far the Reserve Bank has issued Rs10, Rs 20, Rs 1, Rs 2 and Rs 5 coin in different designs. All these coins are legal tender and can be accepted for transactions.

The Governor in his address, noted that the region's dependence on fossil fuel imports made it vulnerable to imported inflation.

Addressing a group of banking sector leaders and lawmakers, Das emphasised that cryptocurrencies have no "underlying value" and pose great risks for global macroeconomic and financial stability.

The RBI Governor Shaktikanta Das, heading the MPC, announced the rate hike and added that the battle against inflation was not over.

The proceedings of the said MPC meeting have not been made public even though the law provides to the contrary.

RBI to launch retail digital rupee e ₹-R. Digital rupee launch on Dec 1 on pilot basis. 8 banks identified for participation in trial.

The retail inflation, which the RBI factors in while deciding its periodic monetary policy, was 4.48 per cent in October 2021.

The Reserve Bank of India (RBI) on Monday announced operationalisation of Digital Currency- Wholesale (e₹-W) Pilot. As per official sources, the Central Bank will commence pilot launches of Digital Rupee (e₹) for the wholesale segment (e₹-W) on November 1, 2022.

In a statement, the RBI said the use case for this pilot is settlement of secondary market transactions in government securities.

The Reserve Bank of India (RBI) and the Centre had already put a lid on the issue way back in 2010.

The Reserve Bank of India (RBI) is looking at a phased implementation strategy to unveil the central bank digital currency (CBDC).

The Associate will help RBI officials in preparing briefs/issue notes/concept notes, themes and key priorities in various areas of India’s upcoming G20 Presidency.

You will benefit from the three new rules implemented by the Reserve Bank of India (RBI) for improving the payment options for cardholders. Now that the RBI rules have been implemented, the safety standards have increased even further for the cardholders.

The Reserve Bank of India hiked its key policy rates, which would in turn result in credit getting costlier in the country.

The Reserve Bank of India (RBI) on Friday announced an increase in the policy repo rate by 50 basis points to 5.9% with immediate effect. RBI Governor Shaktikanta Das made the announcement.