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Currency in circulation expanded steadily in FY25, with banknotes in circulation rising by 6 per cent in value and 5.6 per ...
India's fiscal deficit for 2024-25 was 4.8% of the gross domestic product (GDP), data released on Friday showed. The fiscal ...
The State Bank of India (SBI), in a report, has said that India’s household sector exhibited robust financial health. Net ...
The Indian rupee is poised to open higher on Friday, after the U.S. dollar’s rally, which was sparked by a U.S. court ruling ...
India's digital rupee goes global with cross-border pilots after 334% growth, yet faces adoption challenges domestically.
The Reserve Bank of India is expanding digital rupee pilots with new offline and programmable features, as digital payments ...
Mumbai: The Reserve Bank of India (RBI) has released its annual report, and many interesting updates about currency have been shared. One of the biggest changes is that the RBI has stopped printing Rs ...
RBI cites rise in note printing and e-rupee circulation as FY25 currency printing cost jumps to ₹6,372.8 crore.
India’s RBI will test the digital rupee for cross-border payments in its next CBDC phase, after a 334% rise in circulation and mixed retail uptake.
The balance sheet of the RBI increased to Rs 76.25 lakh crore, aided by nearly 33 per cent gains in foreign exchange transactions, as of March 2025, leading to a bumper Rs 2.7 lakh crore dividend to ...
Retail digital payments grew 34.9% in volume and 16.1% in value. Unified Payments Interface (UPI) led the growth, clocking a ...
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