RBI - Asian News from UK

RBI’s Forex Intervention as Rupee Gains Slightly

The forex kitty fell by as much as $2.3 billion during the week after having plunged by as much as $5.9 billion in the two preceding weeks….reports Asian Lite News India’s foreign

October 1, 2023

Business·Tech LITE·Technology

Most G20 members back RBI’s views on crypto

Cryptocurrencies have financial and macroeconomic risks that will be appropriately evaluated by experts along with their recommendations to mitigate them before the G20 will finally consider the matter, a second person said…reports

July 25, 2023

-Top News·Business·India News

RBI Governor meets World Bank President during G20 meet

Talking about private sector investment, Banga said that there is no easy answer to private sector capital…reports Asian Lite News Reserve Bank of India Governor Shaktikanta Das met World Bank President Ajay

July 18, 2023

-Top News·India News

RBI hails India’s strong recovery

The central bank noted that the overall domestic financial resource balance continued to improve, turning marginally positive at 0.3 per cent of GDP in 2020-21…reports Asian Lite News Even as global growth

March 22, 2023

Business·Economy·India News

‘India has well-regulated and well-supervised banking sector’

Hormis was the founder of the Kerala-headquartered Federal Bank….reports Asian Lite News Reserve Bank of India Governor Shaktikanta Das on Friday gave a thumbs up to the country’s banking system, while stressing

March 19, 2023

Business

CBUAE, RBI sign MoU to promote innovation

Under the MoU, the two central banks will collaborate on various emerging areas of FinTech …reports Asian Lite News The Central Bank of the United Arab Emirates (CBUAE) and the Reserve Bank

March 16, 2023

-Top News·UAE News

RBI extends UPI for inbound travellers from G20 nations

Travellers or non-resident Indians visiting India can now experience the convenience of UPI payments at over five crore merchant outlets across India, that accept QR Code-based UPI payments…reports Asian Lite News The

February 22, 2023

-Top News·Business

RBI hikes repo rate by 25 bps

As expected, there was a split in the rate hike decision with four members voting for and two against…reports Asian Lite News The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC)

February 9, 2023

Business·Economy·India News

RBI can argue its case for not curbing inflation

The RBI may also sound out the Central government as to the course of inflation as well as the reasons as to why it may be at the elevated levels…reports Venkatachari Jagannathan

October 30, 2022

Business

RBI to soon release digital currency

The digital currency will be freely convertible against commercial bank money and cash. It will be a fungible legal tender for which holders need not have a bank account…reports Asian Lite News

October 10, 2022

Business

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