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RBI constitutes 8-member panel led by Dr. Pushpak Bhattacharya to develop a framework for ethical use of AI

RBI Constitutes 8-Member Panel Led by Dr. Pushpak Bhattacharya to Develop Framework for Ethical Use of AI Mumbai, India : The Reserve Bank of India…

RBI launches 'floating rate bonds' maturing in 2034

RBI Launches 'Floating Rate Bonds' Maturing in 2034 Introduction to Floating Rate Bonds (FRBs) The Reserve Bank of India (RBI) has announced…

Reserve Bank of India bans Paytm Payments Bank

RBI's Directive: Paytm Payments Bank Faces Ban Introduction In a significant development, the Reserve Bank of India (RBI) has wielded its regulat…

RBI and Bank of England signed agreement on bond clearing settlement

RBI and Bank of England Bond Settlement Deal Explore the significant memorandum of understanding (MoU) signed between the Reserve Bank of India (RBI)…

RBI Governor Shaktikanta Das becomes top central banker globally

RBI Governor Shaktikanta Das Becomes Top Central Banker Globally Reserve Bank of India Governor Shaktikanta Das has recently achieved an extraordinar…

According to RBI index, digital payments registered a growth of 13.24 percent in FY 2022-23

Digital Payments in India Witness Robust Growth of 13.24 Percent in FY 2022-23 Digital payments in India have experienced a substantial surge, regist…

RBI appoints P Vasudevan as new executive director

RBI appoints P Vasudevan as the new executive director  The Reserve Bank of India (RBI) has appointed P. Vasudevan as Executive Director. His appoint…

RBI Group Proposes Measures for Internationalisation of Rupee

RBI Group Proposes Measures for Internationalisation of Rupee WHAT HAS HAPPENED? India is aiming to make the rupee a global currency. Pushing for a r…

India's external debt at the end of March 2023 reached $ 624.7 billion

India's external debt at the end of March 2023 reached $ 624.7 billion  According to data released by the Reserve Bank, India's external debt…

RBI Launches New Advanced Monitoring System 'DAKSH'

On October 06, 2022 Reserve Bank of India (RBI) Governor Shaktikanta Das has launched the Advance Supervisory Monitoring System ‘DAKSH’.…

RBI Raises Repo Rate By 50 Basis Points To 5.9%

On September 30, 2022, the Reserve Bank of India (RBI) has announced a 50 basis points (bps) hike in the repo rate with immediate effect…

UCO Bank Became the first Indian bank to get RBI approval for rupee trading

India's public sector lender UCO  Bank is the first bank to get the  Reserve Bank of India's approval  for rupee trade (trade se…

World Bank warns of Biggest Global recession in 2023 amid Economic slowdown | Explained

World Bank warns of global  recession in 2023

China missing among nations driving India's foreign fund inflows | India became 1st |

India's FDI at $58.8  billion in 2021-22