rbi Archives - Page 4 of 6

NRIs and PIOs Urge Reserve Bank of India to Facilitate Inheritance Transfers

The RBI has the authority to grant higher remittance amounts in cases where the absence of fund transfer would result

Government bonds, in particular, are a secure investment option issued by the government to raise funds for various projects and

At present, the rupee is not an international currency because it is not fully convertible on capital accounts, and unrestricted

For many decades, India’s trade with Bhutan and Nepal has been in Indian rupees. Recently, Sri Lanka included the Indian

NRIs’ share of domestic retail investments dropped during the Covid pandemic due to the forced repatriation of Indians along with

While Indians are feeling the pinch of RBI’s decision in a foreign country, money exchangers said that none of the

Bankers said inflows rose due to facilities like easing limits on interest rates. In July last year, the RBI took

Exchange facility for Rs 2,000 bank notes up to Rs 20,000 at a time would be available from May 23

The Indian Ministry of External Affairs (MEA) issued a statement, which is a step further to the RBI’s decision in

“External sector indicators have improved significantly. Foreign exchange reserves have rebounded from USD 524.5 billion on October 21, 2022 and