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 ...
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 circulation of coins in multiple sizes creates considerable confusion. Implementing a standardised approach to currency ...
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 ...
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India’s gold consumption increases 5% to 802 tonnes in 2024India: 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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