Dynamic Reference Rate (DRR)
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Banking
Banking Laws Amendment Bill 2024
The Banking Laws (Amendment) Bill, 2024, introduced in Lok Sabha by Minister Pankaj Chaudhary, aims to provide customers with more banking options and improve bank…
Money Dysmorphia
Money Dysmorphia is a condition affecting nearly 50% of Generation Z, characterized by an unrealistic perception of their financial situation, leading to constant anxiety and…
Bharat Bill Payment System (BBPS)
The Bharat Bill Payment System (BBPS), managed by the National Payments Corporation of India (NPCI), aims to streamline and secure the payment process for both…
Project Nexus by RBI
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eRupee: The Game-Changer for Financial Inclusion
The Digital Rupee, also known as eRupee, is a central bank digital currency (CBDC) issued by the Reserve Bank of India (RBI). Launched on December 1, …
E-Rupee, India’s Digital Currency
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RBI Awarded “Risk Manager of the Year 2024”
In 2024, the Reserve Bank of India (RBI) received the “Risk Manager of the Year Award” from Central Banking, recognizing its advancements in risk management,…
Open Market Operations (OMOs): The Secret Weapon Behind RBI’s Monetary Policy
Open Market Operations (OMOs) are a critical tool used by the Reserve Bank of India (RBI) to manage liquidity and control inflation by buying or selli…
