Searched for
RBI DIGITAL CURRENCY
Cash no king, but don't stash it: India wants a digital economy, but cash still holds the power of choiceDespite government promotion of digital transactions like UPI and e-Rupee, cash remains prevalent, especially in rural areas and for large-...
Rising global bond yields, FCNR-B inflows and SEBI's CAS to shape market dynamics: HDFC Securities CEO Dhiraj RelliIndia is grappling with rising global bond yields and surging oil prices, which are heightening imported inflation. These economic challeng...
Japanese Credit Rating Agency upgrades India’s sovereign rating to A- from BBB+Japanese Credit Rating Agency has upgraded India's sovereign rating to A- from BBB+. This upgrade reflects solid economic growth and effect...
Modi-Xi-Putin together again: What will the Bishkek photo-op tell?India’s next Modi-Xi-Putin photograph at the SCO summit in Bishkek is likely to carry geopolitical weight, but it should not be read as evi...
India to pitch central bank digital currencies to BRICS partners at meetThe global grouping celebrates 20 years at the New Delhi summit on September 12-13. A high-level meeting would be held next week to thrash ...
RBI working to give banknotes in your pocket a longer lease on lifeThe RBI is exploring ways to extend the life of banknotes, including surface coatings and polymer notes for lower denominations, Deputy Gov...
How NRIs split foreign and Indian income across NRE and NRO accountsNon-Resident Indians utilize NRE accounts to facilitate smooth transfer of their overseas income. For income earned within India, they comm...
Xi Jinping's Delhi visit could be the big brick in the BRICS summitXi Jinping's potential visit to India for the BRICS summit is a key development. This meeting could foster cooperation and enable concrete ...
ED arrests 2 in Rs 30,000 crore pan-India cyber fraud caseThe Enforcement Directorate has made two arrests in Mumbai related to a vast cyber fraud operation, part of a money laundering investigatio...
FCNR deposits emerge as banks’ new FY27 growth lever: ReportIndian banks anticipate stronger net interest income and earnings growth in FY27. This outlook is supported by robust foreign currency depo...
ETMarkets NRI Talk| Rs 1 crore, 5-7 years: How NRIs should allocate across Indian equities, bonds, gold and alternatives, says Rohit SarinNRIs investing in India should assess their global portfolio, existing India exposure, liquidity, risk appetite, taxes and repatriation nee...
HDFC Bank shares gain after record $1.75 billion overseas bond raise. What lies ahead?HDFC Bank raised $1.75 billion through a twin bond sale to overseas investors. The lender raised $500 million via three-year bonds and $1.2...
HDFC Bank raises record $1.75 billion in overseas bond saleHDFC Bank raised a record $1.75 billion through three- and five-year dollar bonds, marking the largest debt capital market raise by an Indi...
Govt reappoints Anand Mahindra to RBI board, names former Isro chief S Somanath as non-official directorAnand Mahindra has been reappointed to the Reserve Bank of India's central board. Former ISRO Chairman S Somanath also joins the board for ...
Cross-border trade in local currencies reduces transaction costs: RBI deputy governorLocal currencies will increasingly drive cross-border trade and payments, reducing costs and improving efficiency. Technology will be lever...
I-T unearths Rs 1.29 lakh cr foreign remittancesThe tax probe has found that a substantial portion of the money moved to a handful of overseas destinations. Singapore, the UAE, Hong Kong,...
Sabse bada rupaiya: India prints 3x more notes than the US, 6x more than EuropeIndia's rupee banknotes in circulation significantly outnumber US dollar and Euro notes. The Reserve Bank of India reports 176 billion rupe...
Indian Bank plans to garner $400 million via ECB this week: MD Binod KumarIndian Bank plans to raise $400 million via External Commercial Borrowings this week. The bank may raise an additional $600 million through...
Independence Day 2026: The road to UPI — India’s payments revolution was centuries in the makingIndia’s payments ecosystem has evolved dramatically, from hundis and merchant networks that moved value across long distances to formal ban...
Independence Day 2026: Sabse bada rupaiyah! The rupee's journey to becoming truly IndianKnow about history of Indian rupee: India's currency evolved from diverse regional money to a unified rupee. The Reserve Bank of India was ...