RBI

RBI to frame policy for silver loans similar to gold metal loans

Several banks have approached the Reserve Bank of India in order to establish a framework for silver metal loans that is similar to the existing gold metal loans. According to a report, jewellery producers have asked banks to extend...

Rs.2,000 note will be legal tender post-Sept 30,2023

The Reserve Bank of India (RBI) has decided to discontinue the issue of Rs.2000 banknotes. However, current notes will remain legal tender, the RBI declared on Friday. The central bank has advised the public to deposit Rs.2000 banknotes, which were...

Indian rupee to replace the dollar as an international currency

India has long sought to make the rupee a worldwide reserve currency. As part of its efforts, the Indian government is now urging countries experiencing a dollar shortage to settle trade payments in Indian rupees. As many as 18...

India’s Central Bank Starts Pilot Digital Currency Program

Reserve Bank of India has finally launched its pilot programme for the e-rupee, India's own Central Bank Digital Currency. The programme, which commences on November 1, will be India's first  e-currencies. Over the past few years, several central banks...
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Lawrence Bishnoi’s brother claims firing outside Salman’s home

A Facebook post apparently made by Anmol Bishnoi, the younger brother of imprisoned gangster Lawrence Bishnoi, claimed responsibility for...
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