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Tag Archives: Reserve Bank of India

RBI to issue plastic notes

The RBI has been planning to introduce plastic currency for many years in the country after a field trial.

Weekly withdrawal limit raised to

Last week, the government modified guidelines for withdrawal of cash. They limited over the counter exchange of old ₹500, ₹1,000 notes from ₹4,500 to

Banks that reduced the interest

Banks lend to its customers at the MCLR (marginal cost of funds based lending rate) which means the minimum rate of interest at which

RBI might buy Dollars to

According to the Reuters, the rupee strengthened to a more than five-week high on Monday. Today morning by 9, the convertible value of rupee