RBI’s Bold Projection: Indian Economy Set for 7% Growth, Defies International Forecasts
In a recent announcement, the Reserve Bank of India (RBI) revised its GDP growth projection for the current fiscal, citing buoyant domestic demand and increased capacity utilization in the manufacturing sector. Despite maintaining the benchmark interest rate at 6.5 percent, RBI Governor Shaktikanta Das highlighted potential risks stemming from prolonged
RBI Simplifies Currency Exchange: ₹2,000 Banknotes via Secure Insured Post and TLR Forms
The Reserve Bank of India (RBI) is making it easier for the public to exchange or deposit ₹2,000 denomination banknotes, which were withdrawn from circulation on May 19, 2023. The RBI has introduced convenient and secure options for individuals who are away from regional offices, aiming to simplify the process
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