India's domestic demand is expected to remain resilient, supported by the personal income tax concessions announced in the ...

RBI withdraws ₹2000 banknotes, 98.18% returned, only ₹6,471 crore remains in circulation, deposit/exchange still available.

Reserve Bank of India reports 98.18% of Rs 2000 banknotes have been returned, leaving only Rs 6,471 crore in circulation.

The case dates back to January 2024, when Union Bank issued a show cause notice to Reliance Communications, saying its loan account would be classified as “fraudulent” as it had allegedly sanctioned ...

The Reserve Bank on Saturday said 98.18 per cent of the Rs 2000 banknotes have been returned to the banking system, and only Rs 6,471 crore worth such notes are still with the public. On May 19, 2023, ...

The Reserve Bank of India conducted a $10 billion USD/INR swap auction to provide long-term liquidity. The auction, settled ...

The Reserve Bank of India will conduct a massive $10 billion three-year dollar/rupee swap auction next week to infuse durable ...

Additionally, the RBI has facilitated the process by allowing the public to send their ₹2,000 banknotes via India Post from any post office in the country to an RBI issue office for direct credit to ...

On May 19, 2023, the Reserve Bank of India (RBI) announced the withdrawal of Rs 2000 denomination banknotes from circulation ...

The Reserve Bank of India (RBI) has levied penalties totaling Rs 66.6 lakh on HSBC and Rs 33.1 lakh on IIFL Samasta Finance ...

RBI relaxes restrictions on New India Co-operative Bank, allowing depositors to withdraw up to ₹25,000 from February 27.

With this relaxation, more than 50% of the total depositors can withdraw their entire balances, and the remaining depositors ...