Tag : Reserve Bank of India

Business

India forex reserves hit record $728.49bn on RBI data

manamalive.com
MUMBAI: India’s foreign exchange reserves rose to a record $728.494 billion in the week ended Feb. 27, according to data released by the Reserve Bank of India on Friday. The stockpile increased $4.885 billion from $723.608 billion a...
World Bank remains bullish on India’s economic growth and potential
Business

World Bank remains bullish on India’s economic growth and potential

manamalive.com
The World Bank reaffirms confidence in India’s economic growth, citing strong resilience, investment appeal, and progressive policies that drive the country’s global economic leadership....
A new era in banking - the resounding success of Modi's leadership
Business

A new era in Indian banking – the resounding success of Modi’s leadership

manamalive.com
The Indian banking sector, regulators, and investors exemplify a remarkable resilience born out of strategic planning and proactive governance. This strength, which has been consistently observed even amidst global financial crises, underscores the robust success...
RBI withdraws Rs 2,000 notes from circulation, sets deadline for exchange or deposit
Business

RBI withdraws Rs 2,000 notes from circulation, sets deadline for exchange or deposit

manamalive.com
The Reserve Bank of India (RBI) has made a significant announcement, stating that it will be withdrawing the highest denomination currency note, the Rs 2,000 note, from circulation. While the notes will remain legal tender,...