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Reserve Bank of India’s Balance Sheet Expands 2.5% to Rs 63.45 Trillion in FY23, Boosted by Higher Income

Nidhi Mishra -
The Reserve Bank of India (RBI) has reported a notable expansion of its balance sheet for the fiscal year 2022-2023 (FY23). The central bank's...
Bank

India’s Foreign Exchange Reserves Dip by $6 Billion to $593.48 Billion

Nidhi Mishra -
India's foreign exchange reserves experienced a notable decline as they dropped by $6 billion to reach $593.48 billion. The dip in reserves raises concerns...
Bank

RBI Deputy Governor’s Post: Five Bankers to Face Interview on June 1

Nidhi Mishra -
The Reserve Bank of India (RBI) has scheduled interviews for the vacant position of Deputy Governor, with five prominent bankers set to face the...
Bank

RBI’s Decision to Scrap Rs 2,000 Note: Implications for the Economy

Nidhi Mishra -
In a bold move to streamline India's currency system, the Reserve Bank of India (RBI) has decided to scrap the Rs 2,000 note, signaling...
Bank

RBI to Transfer Rs 87,416 Crore Surplus to Centre for Fiscal Year 2022-23

Nidhi Mishra -
The Reserve Bank of India (RBI) has announced its decision to transfer a surplus of Rs 87,416 crore to the central government for the...
Bank

RBI board expected to consider dividend payout to government on Friday

Nidhi Mishra -
The Reserve Bank of India (RBI) board is expected to convene on Friday to discuss and consider the dividend payout to the government. This...
Bank

RBI, green finance and the blue planet: How are banks placed in all this?

Nidhi Mishra -
The Reserve Bank of India (RBI) has been actively promoting green finance initiatives as part of its commitment to sustainable development and environmental conservation....
Bank

Fighting Covid Pandemic, the RBI Way

Nidhi Mishra -
The World Health Organization (WHO) declared an end to the global health emergency brought about by the Covid-19 pandemic. As the world reflects on...
Bank

RBI Invites Indian Firms to Participate in Greenwashing TechSprint

Nidhi Mishra -
The Reserve Bank of India (RBI) has extended an invitation to Indian companies to participate in the Greenwashing TechSprint, a unique initiative aimed at...
Bank

Cash Crunch Pushing Up Funding Costs in India, Deterring More RBI Hikes

Nidhi Mishra -
A cash crunch in India is causing a surge in funding costs, which is deterring the Reserve Bank of India (RBI) from implementing further...
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