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The Reserve Bank has announced it will conduct OMO purchase auctions of Government of India securities totaling ₹1,25,000 crore, spread across four tranches.

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

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.

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) 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) 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

Rupee Performance: The Indian rupee is expected to remain defensive amid ongoing foreign portfolio outflows, despite a slight rise to 86.7125 against the U.S. dollar. The Reserve Bank of India's interventions have mitigated speculative pressure but h

The Reserve Bank of India has directed banks to ensure that ATMs dispense ₹100 and ₹200 notes. This move aims to make these widely used denominations more accessible to the public.

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?