RBI

The Reserve Bank of India (RBI) has delivered good news for farmers by increasing the limit for collateral-free agricultural loans. Previously, farmers could avail loans of up to ₹1.6 lakh without providing any security. This cap has now…

Delhi/Hyderabad, Oct 17 (Maxim News): As India's foreign exchange reserves surpassed $700 billion, the share of gold in the country's forex has also surged more than 209 percent since 2018.

Hyderabad, July 5 (Maxim News):  The Telangana Southern Power Distribution Company Limited (TGSPDCL), on July 1, asked its customers to pay their monthly electricity bills through the power utility's official website and mobile app, citing…

Mumbai/Hyderabad, July 1 (Maxim News): Reserve Bank of India (RBI) on Monday announced that it has now joined Project Nexus with the four ASIAN countries to create a platform to facilitate instantaneous cross-border retail payments.

Delhi/Hyderabad, May 31 (Maxim News): The Reserve Bank of India (RBI) has shifted around 100 tonnes of its gold kept in bank vaults in the UK to its vaults in India in a move aimed at saving storage costs, according to media reports.