Is RBI replacing paper currency with plastic notes from June 30, 2026? Check detailsViral social media claims about the Reserve Bank of India replacing paper currency with plastic notes by June 30, 2026, are false. The Pres...
10 Jun, 2026, 02.06 PM IST
India's current account deficit to remain 1.5-1.7% of GDP in FY27 but RBI measures may turn BoP surplus: SBI ReportIndia's current account deficit is projected for FY27. However, Reserve Bank of India measures are anticipated to improve the country's ext...
10 Jun, 2026, 01.26 PM IST
From tax exemption to FCNR(B) deposits: How India is trying to attract foreign capitalIndia is taking steps to attract foreign investment and boost its economy. The Reserve Bank of India and the government have introduced new...
09 Jun, 2026, 05.20 PM IST
RBI offers concessional swaps for PSUs, NRI deposits to drive forex inflowsThe Reserve Bank of India has introduced new foreign exchange measures. These include offering special swap facilities to encourage state-o...
08 Jun, 2026, 09.47 PM IST
RBI ramped rupee defense to record before government bazookaThe Reserve Bank of India has reached a record $110-$115 billion in its net-short dollar book, a key tool for defending the rupee. This sig...
08 Jun, 2026, 04.44 PM IST
Banks to be told to step up FCNR (B) depositsBanks will now encourage more foreign currency deposits. The Reserve Bank of India will cover all hedging costs for these deposits. This mo...
08 Jun, 2026, 01.12 AM IST
ATMs in small hubs may run out of cash: Confederation of ATM IndustryATM operators are demanding ₹100 crore compensation from banks. State Bank of India is accused of sending most cash to big cities. This lea...
08 Jun, 2026, 12.48 AM IST
RBI raises investment limits for NRIs, OCIs; Extends equity route to overseas individualsThe Reserve Bank of India has increased investment limits for Non-Resident Indians and Overseas Citizens of India in stock market equity in...
05 Jun, 2026, 11.00 AM IST
FEMA case against Myntra closed following compounding: EDMyntra's foreign exchange violation probe has concluded after the RBI issued a compounding order. The Enforcement Directorate gave its no o...
05 Jun, 2026, 01.11 AM IST
RBI clears Myntra's FEMA violations after penalty payment; ED closes investigationThe Reserve Bank of India has closed an Enforcement Directorate investigation into Myntra Designs Private Limited. This action follows the ...
04 Jun, 2026, 05.45 PM IST
Anxious with news of RBI selling gold? Here's the fact and what should you doIndia's gold reserve: Reports of the Reserve Bank of India selling gold have been debunked by the central bank and the PIB Fact Check team....
03 Jun, 2026, 01.55 PM IST
RBI denies report of $12 billion gold sale, says holdings unchangedThe Reserve Bank of India has refuted claims of selling gold reserves. Reports suggested a sale of approximately $12 billion in gold. The R...
03 Jun, 2026, 12.40 PM IST
Government denies new report stating RBI may have sold $12 billion gold to rescue rupeeReports claiming the Reserve Bank of India sold gold to support the rupee have been denied by the Indian government. Official data shows In...
03 Jun, 2026, 12.09 PM IST
Harassed by loan recovery agents? Know your legal rights and 6 steps to fight backBorrowers struggling with debt often face harassment from recovery agents through abusive calls, threats, public shaming, and unauthorised ...
01 Jun, 2026, 06.30 AM IST
Resilient Indian economy may face West Asia headwinds; El Nino impact likely on agri output: RBIAs energy prices surge and supply chain disruptions persist, India's economic landscape is indeed testing its resilience; yet, robust finan...
29 May, 2026, 08.13 PM IST
Fake Rs 500 notes surge 20% as counterfeits rise across banking systemFake currency detection in India increased in 2025-26. The Rs 500 note became the primary target for counterfeiters, showing a significant ...
29 May, 2026, 03.06 PM IST
RBI flags US-Iran war's impact on rupee, lists measures to manage forexThe Reserve Bank of India, in its annual report, said the rupee weakened nearly 10% in FY26 due to trade uncertainties, a wider deficit, th...
29 May, 2026, 02.07 PM IST