Tag: RBI

How Shivaani Bhardwaj Turned a Small-Village Dream into Digital Influence

Asia
INDIA: In an age where digital platforms are creating new opportunities for self-expression, 26-year-old Shivaani Bhardwaj has emerged as an inspiring example of how determination and self-belief can transform lives. A content creator, researcher, and PhD...

The Clock Is Running Out on AI Governance

Education
Across global capitals, a familiar pattern is emerging. Lawmakers announce new proposals, regulators form advisory groups, and international summits produce carefully negotiated statements. Yet these efforts are increasingly struggling to keep pace with artificial intelligence systems...

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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