I'm just a normal gu... • 2m
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.
🎥-🎵-🏏-⚽ "Finding ... • 5m
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
See MorePursuing CMA. Talks... • 4m
The Reserve Bank of India (RBI) reduced the repo rate by 25 basis points to 6.25%, the first rate cut in nearly five years. What is the repo rate? It’s the rate at which the RBI lends money to commercial banks. A lower repo rate means cheaper loans
See MoreI'm just a normal gu... • 2m
The Reserve Bank of India (RBI) has mandated that all Indian banks must transition their existing websites to the new ‘.bank.in’ domain by October 31, 2025. This move is aimed at enhancing the security and trustworthiness of digital banking platforms
See MoreDaily Learnings... • 1y
About Rates in the market... To strike a balance in market, the RBI has to consider all economic factors and carefully set the key rates. Any imbalance in these rates can lead to economic chaos: 1)Repo Rate:-The rate at which RBI lends money to oth
See MoreFounder @KraftBags.s... • 1y
Abu Dhabi-based Al investment firm 3AI Holding Limited and SML India have unveiled a new generative Al platform called Hanooman. Hanooman is designed to cater to a diverse user base and supports 98 global languages, including 12 Indian languages suc
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