Tag: RBI

J Se Jail Explores the Untold Human Stories Behind Prison Walls

Asia
INDIA: Author and prison reform advocate Vartika Nanda’s book J Se Jail was released at the Indira Gandhi National Centre for the Arts (IGNCA), bringing attention to the often overlooked human experiences inside India’s prisons. The book,...

India’s Skill Crisis Needs More Leaders Willing to Cross the Fence

Asia
INDIA: Corporate conferences regularly focus on the difficulty of finding job-ready graduates. Industry leaders point to the mismatch between education and workplace requirements. Consulting reports warn about rapidly changing skills, while industry associations call for stronger...

RBI Imposes Monetary Penalty on Four Banks for Non-Compliance with Regulations

Asia
INDIA: The Reserve Bank of India (RBI) has imposed monetary penalties on four cooperative banks across the country for non-compliance with its different regulations,...

India’s Central Bank RBI Withdraws Rs. 2,000 Currency Note

Asia
INDIA. Mumbai: The Reserve Bank of India (RBI) on Friday announced that it has decided to withdraw the Rs 2,000 denomination banknotes from circulation, and...

Forex Reserves Have Fallen over $80 Billion Since Ukraine Crisis

Economy
INDIA: India's foreign exchange reserves have plummeted by more than $80 billion since the Ukraine crisis, falling by more than $2 billion in the...

RBI Cancels the Licence of Pune-based Rupee Co-operative Bank

Asia
INDIA. Mumbai: The Reserve Bank of India (RBI) has cancelled the licence of the Rupee Co-operative Bank Ltd, Pune, Maharashtra and has directed it to...

RBI Issues Guidelines on Digital Lenders, Tightens Security

INDIA: The Reserve Bank of India on Wednesday issued detailed guidelines to digital lenders in response to the growing number of frauds and illegal...

RBI Increases Repo Rate by 50 Basis Points to 5.40 Percent

Asia
INDIA. New Delhi: The repo rate was increased by 50 basis points (bps) to 5.40 per cent with immediate effect by the Reserve Bank of...

“RBI Is Of The view That cryptocurrencies should be prohibited, But We Need International Collaboration on It,” Nirmala Sitharaman

INDIA: Addressing the concerns related to cryptocurrency in the Lok Sabha today, the Finance Minister, Nirmala Sitharaman said that RBI has recommended framing of...

Loans Likely to Become Dearer Following Hike in Repo Rate by RBI

Asia
INDIA. Mumbai: The Reserve Bank India (RBI) increased the repo rate by 50 basis points (bps) to 4.90% while announcing its third monetary policy, noting...

RBI Monetary Policy: Repo & Reverse Repo Rates Remain Unchanged

Asia
INDIA: The RBI's Monetary Policy Committee (MPC) met on Thursday, February 10, and left the repo rate unchanged at 4% for the tenth time...

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