RBI

GG News Bureau New Delhi, 23rd Oct: Digital payment transactions accounted for 99.7% of all payment volumes and 97.5% of the value in India during 2024, a trend that continued into the first half of 2025, according to the Reserve Bank of…

The RBI removed the prior approval requirement for Special Rupee Vostro Accounts (SRVAs). This aims to speed up the adoption of rupee-based trade settlements. The change is part of a strategy to de-dollarize trade and reduce reliance…

GG News Bureau Mumbai, 6th Aug: Indian benchmark indices, Nifty 50 and Sensex, slipped into the red on Wednesday following the Reserve Bank of India’s (RBI) decision to keep the key lending rate unchanged. Market sentiment was further…

GG News Bureau New Delhi, 1st July: The Central Bureau of Investigation (CBI) is set to begin questioning bank officials allegedly involved in facilitating the operation of nearly 8.5 lakh mule accounts across 743 bank branches in India,…

GG News Bureau Mumbai, 7th June: The Reserve Bank of India (RBI) has dismissed recent rumors circulating on social media that the ₹500 currency note will be phased out by March 2026. A YouTube video on the channel ‘CAPITAL TV’ falsely…

GG News Bureau New Delhi, 15th Feb. The Reserve Bank of Bharat has placed strict surveillance on banks and fintech companies in order to prevent the country from facing a financial crisis. There are constant streams of reports indicating…

GG News Bureau Bengaluru, 15th Feb. The Reserve Bank of India (RBI) has instructed Visa and Mastercard to stop card-based business-to-business payments facilitated by third-party fintech firms, sources familiar with the matter revealed.…