RBI clears rumors about currency notes and coins, confirming that Rs 10 and Rs 20 notes will remain in circulation. The ...
The 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 ...
Many 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 ...
Kunal Shah’s CRED has become the first fintech to collaborate with the RBI on a CBDC project, launching the e₹ wallet beta ...
The Indian rupee tumbled to a record low against the US dollar amid global trade tensions, but the government is not worried, emphasizing the currency’s free-floating nature and the RBI’s role ...
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 ...
Jio Platforms, led by billionaire Mukesh Ambani, has partnered with internet technology company Polygon Labs. Soon after the announcement made public, social media users are interestingly talking ...
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.