Reserve Bank of India

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.

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.

Hyderabad, May 22 (Maxim News): The Reserve Bank of India (RBI) board approved the transfer of Rs. 2,10,874 crores as surplus to the Central government for the accounting year 2023-24.

The Reserve Bank of India (RBI) has said that Rs. 2,000 notes can be exchanged through post offices as well. There are reports of people queuing up at the RBI offices to return the Rs, 2,000 notes.

Mumbai/Hyderabad, Aug 1 (Maxim News):  The Reserve Bank on Tuesday said 88 percent of the Rs. 2,000 banknotes valued at Rs. 3.14 lakh crore have returned to the banking system after it announced the withdrawal of the high-value currency…