Rupee slips to new low of 83.95 against US dollar

Rupee slips to new low of 83.95 against US dollar

The Indian rupee depreciated by 11 paise on Tuesday to touch a record low of 83.95 against the US do..

RBI to allow opening of rupee accounts overseas

RBI to allow opening of rupee accounts overseas

In a strategic drive to internationalise the domestic currency, the Reserve Bank of India (RBI) has ..

Only Rs 10,000 cr worth of 2,000-rupee notes still with public: RBI

Only Rs 10,000 cr worth of 2,000-rupee notes still with public: RBI

More than 97% of the Rs 2,000 banknotes have returned to the banking system and only about Rs 10,000..

Canara Bank launches UPI Interoperable Digital Rupee mobile app

Canara Bank launches UPI Interoperable Digital Rupee mobile app

Canara Bank has launched UPI Interoperable Digital Rupee mobile application as a part of the Reserve..

UCO Bank gets RBI nod to open eight more special vostro accounts for trade in rupee

UCO Bank gets RBI nod to open eight more special vostro accounts for trade in rupee

UCO Bank has opened four special rupee vostro accounts and has received permission from the Reserve ..

Pay fee, charges on forex prepaid cards in rupees: RBI

Pay fee, charges on forex prepaid cards in rupees: RBI

The Reserve Bank of India (RBI) said Tuesday that fees and charges payable in India on forex prepaid..

Union Bank of India facilitates India-Malaysia trade in rupee

Union Bank of India facilitates India-Malaysia trade in rupee

India and Malaysia can settle their trade in Indian rupee through an operational mechanism facilitat..

Rupee likely to have appreciating streak in 2023

Rupee likely to have appreciating streak in 2023

After ending 2022 as the worst-performing Asian currency with a fall of 11.30% to 82.73 a dollar, th..

Govt, RBI discussing cross-border rupee trade with South Asian nations

Govt, RBI discussing cross-border rupee trade with South Asian nations

The government and the central bank are in discussion with South Asian countries to have cross-borde..

RBI to launch pilot of retail digital rupee on December 1

RBI to launch pilot of retail digital rupee on December 1

The Reserve Bank of India (RBI) will launch the first pilot for retail digital rupee on 1 December 2..

Canara Bank, HDFC Bank get RBI nod for rupee trade with Russia

Canara Bank, HDFC Bank get RBI nod for rupee trade with Russia

The Reserve Bank of India (RBI) has allowed private lender HDFC Bank and state-run Canara Bank to op..

Digital rupee makes a glitch-free start

Digital rupee makes a glitch-free start

India’s central bank digital currency (CBDC) had a steady start with banks trading Rs 275 crore of b..

RBI to launch digital rupee pilot on 1 Nov

RBI to launch digital rupee pilot on 1 Nov

The Reserve Bank of India (RBI) will commence the pilot programme of the digital rupee for the whole..

Rupee sinks below 83 against dollar for first time

Rupee sinks below 83 against dollar for first time

The rupee has fallen below the 83 per US dollar mark for the first time and risks prevail for a furt..

RBI to soon launch digital rupee on pilot basis

RBI to soon launch digital rupee on pilot basis

The Reserve Bank of India on Friday said it will soon kickstart the pilot launch of e-rupee for spec..