Foreign direct investment (FDI) inflows into India have crossed the USD one trillion milestone in the April 2000-September 2024 period,..
How RBI is leveraging AI to crack down on ‘mule bank accounts’
The Reserve Bank of India (RBI) said on Friday (December 6) that it has created an artificial intelligence (AI) powered..
India’s Forex Reserves rebound after 8 weeks of decline amid global uncertainty
India’s foreign exchange (forex) reserves have seen a resurgence after an eight-week decline that pushed them to multi-month lows. According..
Interest rate ceiling on FCNR(B) deposits hiked to attract capital
In order to attract more capital inflows, the RBI has decided to increase the interest rate ceilings on FCNR(B) deposits…