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Friday, April 19, 2024

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Reserve Bank of India

Global

India Started Trade With Tanzania In Local Currencies, Says Indian EAM Jaishankar

Vaishali Shastri -
Trade settlements between India and Tanzania have been recently taking place in local currencies, said Indian External Affairs Minister S Jaishankar on Saturday. He added that...
Economy

India: Opposition Slams Government’s Decision To Scrap Rs 2000 Currency Notes

Vaishali Shastri -
India will stop issuing 2000-rupee note, presently the highest currency note in the country, according to its central bank, Reserve Bank Of India, on...
Global

India: RBI Has Allowed Banks From 18 Countries Including Mauritius To Trade In INR

Vaishali Shastri -
According to the Indian government, the Reserve Bank of India (RBI) has allowed banks from 18 different nations to establish Special Vostro Rupee Accounts...
Global

India & Singapore Launch Real-Time Payment Link To Make Money Transfer Easier

Vaishali Shastri -
To make cross-border money transfers easier, India and Singapore launched on Tuesday a real-time link, an important move for the South Asian country that...
Banking

India: RBI Directs SBM Bank (India) Ltd To Stop Outward Remittance Transactions

Vaishali Shastri -
The Reserve Bank of India (RBI) has directed SBM Bank (India) to end all transactions under the liberalized remittance scheme (LRS) until further notice....
Global

Moscow Exchange Aiming To Launch Trade In Rupee, Dirham: Official

Rohan Ramesh -
A Moscow exchange official said on Thursday that the Exchange is working on a plan to launch trading in the Indian rupee but there...
Indian Ocean Region

India: It’s Time For Digital Currency To Counter Crypto

Staff -
The world seems to be moving toward digital currency. And, the Reserve Bank of India is already considering a phased introduction of its own...
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