Why did RBI keep Repo Rates Unchanged?

US Inflation has accelerated to a 40-year high of 7.5%. It has…

RBI Increases NACH Limit to 3 Crore for MSME TReDS Settlements

The Reserve Bank of India (RBI), in its monetary policy review, enhanced…

RBI Extends Liquidity Window for Emergency Health Services

On Thursday, the Reserve Bank of India (RBI) proposed extending the Rs.50,000…

Green Bonds Will Be Rupee-Denominated Papers With Long Tenure

The Economic Affairs Secretary, Ajay Seth, assured that the issuance of the…
RBI

RBI Mandates Banks to Seek Prior Approval for Foreign Currency Deposit Schemes

Banks will need to seek prior approval before extending any foreign currency…

RBI Caps Offline Payment Transactions at Rs.200

On Monday, the Reserve Bank of India (RBI) set the upper limit…

GST Intelligence Department Investigates Top Crypto Exchanges

The indirect tax department initiated investigations against a few crypto exchanges for…

RBI Caps Offline Payments at Rs.200 Per Transaction

On Monday, the Reserve Bank of India (RBI) issued a framework capping…
RBI

NRIs and OCIs don’t need to take RBI approval to buy or sell immovable property in India

The Reserve Bank of India clarifies that Non-Resident Indians (NRIs) and Overseas…

Corporate Houses Can Now Have 15% Stake in Banks Via Their NFBCs

The Reserve Bank of India (RBI) permits non-promoters to have up to…