Tag: Reserve Bank of India

RBI raises UPI payment limit from ₹1 lakh to ₹5 lakh

The Reserve Bank of India (RBI) has announced a significant boost for UPI users by increasing the payment limit from ₹1 lakh to ₹5...

“Supreme Court Observes Center Issued Electoral Bonds Despite Reserve Bank of India’s Objections”

The five-judge constitution bench, which on Thursday invalidated the 2018 electoral bonds scheme, highlighted the Centre's issuance of the bonds despite objections from the...

Reserve Bank of India Keeps Repo Rate Steady at 6.5% for Sixth Consecutive Term

On Thursday, the Reserve Bank of India (RBI) announced its decision to maintain the policy rate unchanged for the sixth consecutive time, reaffirming its...

Demonetisation : Biggest blunder or biggest scam in Indian history?

Demonetisation is considered as the biggest economic loss or the biggest corruption in the history of India destabilizing millions. By Epat Bratizbaqk Demonetisation - A blunder...

Inflation to remain above 6% till Oct-Dec as RBI hikes repo rate

The ICB today raised its interest rates for the second time in a month - by 50 basis points, inflation is to remain above...

As the rupee falls the lowest ever, how will it impact India?

The lowest record of the rupee on May 9, 2022, was Rs 77.05 against one dollar as inflation has broken through walls to incomparable...

Apart from COVID, economy slumped post demonetization & GST

The RBI released a report stating that "It may take 12 years for the Indian economy to overcome COVID losses." The Slump in the Indian...

RBI instructs Paytm to stop taking on new customers

The Reserve Bank of India on Friday directed Paytm Payments Bank to instantly halt onboarding new customers. The Reserve Bank of India released a statement...

Depreciation in rupee is a double-edged sword for Reserve Bank of India

The Indian rupee fell, set to end 2021 as Asia’s worst-performing emerging market currency with foreign funds fleeing the nation’s stocks. The Indian rupee fell...

RBI keeps the key interest rate remained unchanged

The RBI governor said, reverse repo rate remained unchanged at 3.5 percent, and the marginal standing facility and bank rate kept unchanged at 4.25...

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