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A month after RBI had started a pilot in the digital rupee - wholesale segment, the central bank will launch the first pilot for retail digital rupee tomorrow

Reserve Bank of India to launch the first pilot of retail digital rupee in...

Team PGurus - November 30, 2022 2

RBI picks 8 banks, and 13 cities to test retail digital currency The Reserve Bank of India (RBI) will launch the first pilot for retail...

Mastercard can be everywhere you want it to be, again!

Reserve Bank of India lifts a yearlong curbs on Mastercard, allows it to onboard...

Team PGurus - June 16, 2022 0

With RBI clearance, now Mastercard can add new subscribers for its Debit and Credit cards The Reserve Bank of India (RBI) on Thursday lifted the...

Lingering concerns exist on whether Paytm hyped its IPO price and now this

Reserve Bank of India asks Paytm Payments Bank to stop opening new accounts

Team PGurus - March 11, 2022 0

Paytm Payments Bank violated RBI norms: RBI The Reserve Bank of India (RBI) on Friday asked Paytm Payments Bank to stop opening new accounts amid...

The decision to supersede Reliance Capital Board was taken as the company defaulted on various payment obligations to its creditors

Reserve Bank of India supersedes debt-ridden Anil Ambani’s Reliance Capital Board. Soon initiate insolvency...

Team PGurus - November 29, 2021 1

RBI takes control of Anil Ambani-owned Reliance Capital, to push for insolvency Reserve Bank of India (RBI) on Monday superseded the board of debt-ridden industrialist...

Rates hold steady, disappoint India Inc.

Reserve Bank of India holds rates steady

Team PGurus - August 4, 2015 0

PerformanceGurus Staff New Delhi In what came as a major disappointed to India Inc., the Reserve Bank of India (RBI) on Tuesday kept the lending...

Sushmita Shukla together with Bank's President & CEO will establish, communicate, and execute strategic direction of the organization

Indian-origin Sushmita Shukla appointed as First Vice President, Chief Operating Officer of Federal Reserve...

PGurus Newsdesk - December 9, 2022 0

New York Federal Reserve taps insurance executive for a new second in command Indian-origin insurance veteran Sushmita Shukla has been appointed as the First Vice...

As of the week ending September 6, India's forex reserves surged by $5.2 billion to a record high of $689.24 billion

RBI’s forex reserves poised to exceed $700 billion sooner than expected in FY25

PGurus Newsdesk - September 15, 2024 1

RBI data reveals foreign currency assets grew by $5.10 bn to total $604.1 bn Despite global economic challenges and escalating geopolitical uncertainties, India's foreign exchange...

India’s external position has also strengthened in recent years amid a marked narrowing of its current account deficit

Moody’s raises India’s 2024 GDP growth forecast to 7.2%

PGurus Newsdesk - August 30, 2024 0

Moody's upgrades India's GDP growth forecast Moody's Ratings, based in New York, has upgraded its forecast for India’s GDP growth in 2024 to 7.2% from...

Investors are optimistic as the market rallies in response to encouraging global cues

Indian equity indices start the week strong following US market gains

PGurus Newsdesk - August 26, 2024 0

Sensex trades higher as US Fed Chair hints likely rate cut in September Indian equity indices began Monday on a positive note, buoyed by gains...

Investors are keenly awaiting further clarity on the RBI's policy stance, which is expected to influence market movements throughout the day

Indian equity indices open lower ahead of RBI announcement

PGurus Newsdesk - August 8, 2024 0

Sensex, Nifty decline in early trade Indian equity indices opened lower on Thursday as investors awaited the Reserve Bank of India (RBI) Governor Shaktikanta Das’s...