Tag: Rupee

RBI, Banks Plan New Feature To Popularise Digital Currency Transactions

Retail CBDC transactions are averaging close to 18,000 a day, way short…

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77% Of Rs 2,000 Notes Returned By Users To Banks As Of June 30: FinMin

The number of Rs 2,000 notes in circulation fell to 418 million…

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RBI Permits Banks To Open Vostro Accounts From 22 Nations For Rupee Trade

As on July 23, 20 banks in India have been permitted to…

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RBI Panel Charts Path To Internationalise Rupee, Reduce Dollar Dependency

Capital account convertibility is not a pre-condition for internationalisation of rupee Mumbai,…

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RBI Asks Banks To Keep Daily Data On Exchange, Deposit Of Rs 2,000 Notes

-Banks will have to submit the data 'as and when called for',…

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No Perceptible Effect On Economy: NITI Aayog VC On Rs 2,000 Note Withdrawal

-Panagariya noted that Rs 2,000 currency notes represent only 10.8% of the…

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RBI Asks Citizens To Settle Fee, Charges On Forex Prepaid Cards In Rupee

The internationalisation of the domestic currency would make domestic monetary policy more…

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Forex Reserves Jump To 9-month High To $584.76 Billion: RBI

That is an increase of $6.3 billion from the previous week Mumbai,…

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India Aims To On Board One Million CBDC Users In Three Months: Report

New Delhi, NFAPost: The architects of India’s retail central bank digital currency…

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Union Budget Proposes Digital Currency; Economic Survey Flags Concerns On Crypto

Survey said events such as collapse of crypto exchange FTX have put…

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