RBI clears rumors about currency notes and coins, confirming that Rs 10 and Rs 20 notes will remain in circulation. The ...
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RBI Bans Old ₹5 Coins: Here's Why This Major Decision Was TakenThe Reserve Bank of India (RBI) has made a significant decision to discontinue certain old ₹5 coins. This step has raised curiosity about the reasons behind the move. Let’s break down the ...
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RBI discontinues specific Rs 5 coins from circulation: Here's WhyMany people make blades from coins. This is why the government has taken this decision. Currently, thicker 5 rupee coins are not being produced. The Central Government and RBI have taken this ...
The circulation of coins in multiple sizes creates considerable confusion. Implementing a standardised approach to currency ...
Amid an oversupply of coins, storage costs are getting unfeasible as the RBI is running out of space to keep them. As a result, the RBI is looking to outsource the distribution of coins to a ...
The Indian rupee is set to become more volatile as the Reserve Bank of India's new governor loosens control over the partially convertible currency as a rampant U.S. dollar exerts relentless downward ...
Kunal Shah’s CRED has become the first fintech to collaborate with the RBI on a CBDC project, launching the e₹ wallet beta ...
There is always two sides of a coin. Bitcoin is no different ... off 50% of its staff citing low volume transactions and the RBI, in its quest to support innovation, came up with a draft framework ...
Under governor Shaktikanta Das, RBI held the currency within a narrow band. But in the past two weeks the rupee has been allowed to slide more freely. Tight liquidity will not bind the Reserve ...
India: Indias gold consumption rose 5% to 802.8 tonnes in 2024 despite a 27% price surge. Increased investment demand, duty ...
RBI partners with fintech firm Cred to launch retail e-Rupee wallet, marking a major expansion of India's CBDC program.
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