RBI reviews FEMA to boost cross-border INR transactions
The Reserve Bank of India, in collaboration with the central government, has reviewed current regulations under the Foreign Exchange Management Act, 1999.
The Reserve Bank of India, in collaboration with the central government, has reviewed current regulations under the Foreign Exchange Management Act, 1999.
There has been a significant increase in jobs from 471.5 million in 2014-15 to 643 million in 2023-24, according to provisional estimates from the RBI’s KLEMS database.
India’s banking sector is grappling with a significant liquidity crunch, one that threatens not only financial stability but also the broader economy.
India's foreign exchange reserves fell by $5.7 billion to $634.59 billion for the week ended January 3, data released by the Reserve Bank of India (RBI) on Friday showed.
The Reserve Bank has lifted its ban on the 'sanction and disbursal of loans' by Asirvad Micro Finance and DMI Finance Pvt Ltd, in a big relief to the two microfinance companies, according to an RBI circular issued on Wednesday.
Sanjay Malhotra, the newly appointed Governor of the Reserve Bank of India (RBI), officially took charge on Wednesday for a three-year term starting December 11, 2024.
On his final day at the office, Reserve Bank of India (RBI) Governor Shaktikanta Das on Tuesday extended his gratitude to Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman, and also remembered Former Finance Minister, Late Arun Jaitley in his farewell message.
According to a notification issued by the DPoT on Monday, Sanjay Malhotra will take over from current RBI Governor Shaktikanta Das on December 11.
The Reserve Bank of India (RBI) has opted for a pragmatic and balanced approach to address the twin challenges of slowing economic growth and persistent inflation.
The conditions are projected to turn favourable for rate cuts by the Reserve Bank of India (RBI) in India with the first one in February, and easing domestic inflation will be the main driver of rate cuts, according to a new report.
