Tag: Reserve Bank of India

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Indian foreign exchange strengthens again after a multi week low

NEW DELHI: India’s forex has started to rally once again after a consecutive plunge for eight months, hitting a multi month low.Data...

Avoiding ATM fake shutter fraud: Why some ATMs will now retract cash as per RBI mandate

ATMs are equipped with a mechanism that automatically retrieves unattended currency notes. (AI image) ATM cash retraction new rules: The Reserve Bank of...

Centre decides to shift GDP base year to 2022-23 from 2011-12, forms panel: Why it matters

NEW DELHI: A panel with representatives from the Reserve Bank of India (RBI), central and state governments, and academia has been formed...

Bank Holidays December 2024: On what days will banks be closed in December? Check state-wise holiday list

In December 2024, banks will be closed for various occasions apart from every Sunday and second and fourth Saturdays. Bank Holidays December 2024:...

Curb your debts to prepare for the next pandemic, Rajan tells US

File photo: Former RBI governor Raghuram Rajan High public debt can’t be left to fester in the US and its peers in a...

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