Amidst the criticism faced by the central government triggered from its inability to arrest the declining value of rupee against the US dollar and the fuel prices surging to the ...
The government and the RBI will do everything to ensure that the rupee does not depreciate to "unreasonable levels", the Finance Ministry said Wednesday as the currency slid to a ...
Suicides among farmers are been observed for several years due to indebtness and unproductive land. However, according to the reports, in Maharashtra, as many as 26,339 farmers have committed suicide ...
The Reserve Bank of India has imposed Rs 1 crore penalty on Union Bank of India for failing to detect and report fraud on time. "This is to inform that ...
The rupee pared initial gains to drop to a fresh all-time low of 71.79 against the US currency, falling 21 paise in late morning deals Wednesday on sudden bouts of ...
In view of growing incidents of cyber frauds, the Reserve Bank is working towards further enhancing security mechanism as part of its agenda for this fiscal, especially when digital transactions ...
The RBI in its annual report for the year 2017-18 stated that 99.3 per cent of the demonetised currency has returned to the banking system.
As much as 99.3 per cent of the junked Rs 500 and Rs 1,000 notes have returned to the banking system, the RBI said, indicating that just a miniscule percentage of currency was left ...
Group economic advisor of the State Bank of India (SBI), Soumya Kanti Ghosh said that any sudden appreciation or depreciation of the rupee was not good as it adds volatility ...
The Reserve Bank of India (RBI) wants to strengthen the credit bureaus, but to do that the government has to make some legislative amendments, a top central bank official said ...
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