The app-based token promised investors humongous gains by investing in mining machines for Bitcoin and other cryptocurrencies.
The RBI clarified that the penalties are based on deficiencies in regulatory compliance and do not question the validity of transactions undertaken by the banks.
“Net new card additions increased in December 2024, indicating an improved sentiment. However, the overall view remains ...
India's foreign exchange reserves decreased by $1.8 billion for the week ending January 17, 2025, primarily due to a drop in ...
The banking system cash deficit, as measured by banks’ borrowings from the Reserve Bank of India, was Rs 3.3 trillion ($38.2 ...
Trump's order says agencies are prohibited from undertaking any action to establish, issue, or promote CBDCs in the US or ...
The dollar/rupee forward premiums, meanwhile, extended declines this week, as the Reserve Bank of India conducted buy/sell ...
Start-up investors emphasize the need for continued backing including tax relief on ESOPs, sovereign funds, and reducing ...
Bank Holidays in February 2025: Banks will be closed for 14 days in February. The Reserve Bank of India, the regulatory ...
Moody's Ratings on Thursday noted the Indian Rupee has depreciated by around 5% in the last two years and has fallen by 20% ...