Manmohan Singh was born on September 26, 1932. Apart from being an economist, Manmohan Singh served as Reserve Bank of India governor from 1982-1985. He was the 13th PM of India with his tenure from 2004-2014 and was the longest-serving PM after Jawaharlal Nehru and Indira Gandhi.
The amount involved in these frauds also jumped more than eight-fold to Rs 21,367 crore, RBI data said.
The Reserve Bank of India (RBI) in its report highlighted that the Real Effective Exchange Rate (REER) of the Indian Rupee increased to 108.14 in November 2024 from 107.20 in October 2024.
The Indian rupee has breached the significant psychological barrier of 85 against the US dollar, marking an all-time low amid a confluence of domestic and global pressures.
The recent appointment of Sanjay Malhotra as Governor of the Reserve Bank of India (RBI), replacing Shaktikanta Das, signals a pivotal shift in India’s monetary policy dynamics.
"The Board has approved the transfer of Rs 2,10,874 crore as surplus to the Central Government for the accounting year 2023-24,” the RBI has said in a statement.
In his keynote address, M. Rajeshwar Rao highlighted that sound governance provides a strong foundation for the ARCs to build a robust business model.
Gold reserves held domestically in India surged 40 per cent in the last 5 years, data from the Reserve Bank of India (RBI) said.
Prior to being promoted as an ED, Rao was serving as a Chief General Manager-in-Charge in the Department of Regulation.
Bank of Baroda said on Wednesday that the RBI has lifted its ban on BoB World and the bank has now been allowed to onboard customers through the app.
