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RBI Reduces interest rates for first time in nearly 5 years
As a result, the SDF rate will be set at 6.00 per cent, while the marginal standing facility MSF rate and the Bank Rate will both remain at 6.50 per cent.
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RBI report: Rupee's Real Effective Exchange Rate climbs to 108.14 in Nov
The Real Effective Exchange Rate (REER) of the rupee increased to 108.14 in November from 107.20 in October, appreciating by 0.9 per cent.
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RBI Governor admitted to hospital in Chennai
Reserve Bank of India Governor Shaktikanta Das was hospitalised here last night for 'acidity,' and was now doing fine, Apollo Hospital told sources.
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Deputy Governor of RBI: Generative AI to add $359 bn-$438 bn to India's GDP by FY30
Forecasts indicate that generative AI could add between $359 billion and $438 billion to India’s GDP by 2029-30, said Michael Debabrata Patra (RBI)
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Governance Ministry of Science develops 'anti-counterfeiting ink', says will tackle duplication of money
Developed through a straightforward co-precipitation process at 120°C, the nanomaterials were blended into commercially available PVC ink via sonication, ensuring even distribution of nanoparticles.
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Jio Financial arm Jio Payment Solutions receives RBI nod to operate as online payment aggregator
The certificate of authorization, effective from October 28, 2024, permits JPSL to manage digital transactions in compliance with Section 7 of the Payment and Settlement Systems Act, 2007.
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PSU bank stocks fall on RBI's draft on tighter norms for infra project financing
At 11.45 am, the Nifty PSU Bank index plunged around 3.2 percent
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