Reserve Bank of India
Aapki Khabar Aapka Fayda: Digital Rupee Pilot Project Launching On December 1: What Is It, And How Will It Work?
Wed, Nov 30, 2022
The Reserve Bank of India (RBI) is all set to launch it first pilot for retail digital rupee (e₹-R) on December 1 i.e. tomorrow. Digital rupee can be converted into cash. Many times the settlement of banks is not done immediately, but the settlement will be done immediately through digital rupee transaction of RBI as this transaction will happen directly from the Reserve Bank's account. Due to the practice of digital rupee, there will be no problem of rotting, melting, bursting of notes. Not only will the trend of digital money increase, but the country will also progress. Watch this special report of Aapki Khabar Aapka Fayda.
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Digital Rupee rollout: Full list of eligible banks and cities
Wed, Nov 30, 2022
Digital Rupee rollout: The Digital Rupee would offer features of physical cash like trust, safety and settlement finality. As in the case of cash, it will not earn any interest and can be converted to other forms of money, like deposits with banks.
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Paytm Payments Services says no material impact on business after RBI pauses onboarding of online merchants
Sun, Nov 27, 2022
Banking regulator RBI has put a pause on onboarding of online merchants by Paytm Payments Services, even as the company said it will have no material impact on its business, according to a regulatory filing.
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Explainer: How Nirav Modi cheated PNB of Rs 14,000 crore through fraudulent Letters of Undertaking
Thu, Nov 10, 2022
After multiple twists and turns in a protracted legal case, Modi on Wednesday lost his appeal against extradition to India as the High Court in London ruled that his risk of suicide is not such that it would be either unjust or oppressive to extradite him to face charges of fraud and money laundering.
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RBI MPC Meeting Expectations & Possibilities, Know Detailed Report & Insights From Ajay Bagga
Thu, Nov 03, 2022
The Reserve Bank of India has called an additional meeting of its Monetary Policy Committee (MPC) tomorrow. In a statement issued, the central bank said that in accordance with the provisions of Section 45ZN of the RBI Act, a special meeting of the Monetary Policy Committee (MPC) has been convened on November 3. This section of the RBI Act provides that in case of failure to keep inflation within the limits set by the government, the central bank has to report it to the government. What to expect from RBI's MPC meeting? How much inflation will RBI tolerate? Know from Varun Dubey. Also know from Ajay Bagga what will happen in the MPC meeting of RBI?
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India 360: RBI’s Monetary Policy Committee To Meet To Discuss First-Ever Inflation Target Miss
Wed, Nov 02, 2022
The Reserve Bank of India has called an additional meeting of its Monetary Policy Committee (MPC) tomorrow. RBI has to tell the government why RBI failed to control inflation? Apart from this, RBI will also have to give an action plan to bring inflation under control. Timeline will have to be given to bring inflation within the prescribed range. Watch this special report on India 360.
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India 360: RBI Launches e-rupee's Pilot Today, Is This Virtual Currency? Know From Anil Singhvi In This Special Report
Tue, Nov 01, 2022
Rupee will be used for secondary market transaction settlement of government bonds.9 banks identified for participation in digital rupee’s wholesale pilot. However, under this pilot launch, only few (selectively) will be allowed to transact. Know the complete analysis of virtual currency from Anil Singhvi on India 360. Watch this special report.
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For first time, Reserve Bank of India's monetary policy panel to discuss inflation report this week – what should you know?
Sun, Oct 30, 2022
The monetary policy framework, which came into effect about six years ago, mandates the Reserve Bank of India (RBI) to maintain retail inflation at 4 per cent with a margin of 2 per cent on either side.
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India 360: RBI To Hold Additional Monetary Policy Committee Meeting On November 3
Thu, Oct 27, 2022
RBI will hold an additional meeting of MPC on 3 November. The MPC meeting was earlier to be held in December. Know the reason for calling an additional meeting suddenly from Brajesh Kumar Mishra.
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