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Tag: RBI

All Finances / India / News

RBI’s concessional swap facility sees massive response, attracts $20.72 billion

July 21, 2026July 21, 2026 - by cmedia

IBNS-CMEDIA: The Reserve Bank of India (RBI) on Monday said its concessional swap facility, introduced to encourage foreign currency inflows and strengthen the country’s balance of payments, has attracted $20.72 …

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All Finances / News

UPI has over 55 crore users onboarded by June 2026

July 20, 2026July 20, 2026 - by cmedia

IBNS-CMEDIA: The Unified Payments Interface (UPI), operated by the National Payments Corporation of India (NPCI) under the provisions of the Payment and Settlement Systems Act, 2007, had 55.49 crore users …

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All Finances

RBI leaves repo rate unchanged at 5.25% amid global uncertainty

April 8, 2026April 8, 2026 - by cmedia

Mumbai/IBNS-CMEDIA: The Reserve Bank of India (RBI) on Wednesday kept the repo rate unchanged at 5.25% in its latest monetary policy announcement, according to media reports. The decision was taken during the …

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Finance/Business / India

Reserve Bank of India to withdraw Rs. 2000 notes by Sept 30, will remain legal tender

May 19, 2023May 19, 2023 - by cmedia

New Delhi/IBNS: The Reserve Bank of India Friday announced that it will withdraw Rs.2,000 notes from circulation and people can exchange or deposit them in their bank accounts by Sept 30. The …

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India / News

PM Modi congratulates Shaktikanta Das for RBI ‘Governor of the year’ award

March 18, 2023March 18, 2023 - by cmedia

IBNS: Indian Prime Minister Narendra Modi Friday congratulated RBI Governor Shaktikanta Das for receiving the ‘Governor of the year’ award in the Central Banking Awards 2023. “It is a matter …

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Finance/Business

Inflation reached its peak in India, but trajectory would be mostly downward: Shaktikanta Das

September 3, 2022September 3, 2022 - by cmedia

IBNS/Inflation is likely to go down in the coming months and the impact of high inflation is already past its peak, Reserve Bank of India Governor Shaktikanta Das said Friday. …

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