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Brief History of RBI The Reserve Bank of India (RBI) was established on April 1, 1935, based on the Hilton Young Commission's recommendations and the Reserve Bank of India Act, 1934. Initially, the RBI took over the functions of the Controller of

The Reserve Bank of India (RBI) and NPCI International Payments (NIPL) plan to extend the Unified Payments Interface (UPI) to 20 countries by the FY29.

Holding XRP since it was Rs. 40. Psychology behind the decision was very simple. Its logo is a X and elon musk loves X. The coin has limited supply and a simple law of economics states that limited supply and increasing demand increase prices. Now

The Reserve Bank of India (RBI) has announced that it will soon revise the transaction limits for Unified Payments Interface (UPI) payments made to merchants, also known as person-to-merchant (P2M) transactions. This move is aimed at enhancing the ef

The Reserve Bank of India (RBI) announced on Friday that it has kept the benchmark repo rate unchanged at 6.5% for the eighth consecutive time. What exactly is repo rate? How does it affect you?

The Reserve Bank of India (RBI) has launched "RBI Unlocked: Beyond the Rupee," a five-part documentary series on JioHotstar. Produced by Chalkboard Entertainment, the series commemorates RBI's 90-year history, aiming to educate the public on its dive

The world's first crypto millionaire is generally recognized to be Chris Larsen, co-founder of Ripple. Chris Larsen's wealth is estimated to be between $7.5 billion to $8 billion, primarily due to his holdings in Ripple's XRP. He achieved this status

BharatPe announced today that its subsidiary, Resilient Payments Private Limited, has received final approval from the Reserve Bank of India (RBI) to operate as an online payment aggregator (PA). With this approval, the company stated that it is now

RBI Increases Gold Purchases The Reserve Bank of India has significantly increased its gold purchases, buying 50 tonnes so far in FY25. This move aims to diversify its foreign exchange reserves and mitigate revaluation risks, as part of efforts to m