12 August 2024


Search Results for Tag : rupee

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Rupees 500 and 1000 denomination notes are no more a legal tender : Union Government(08.11.2016)

The Prime Minister of India in a surprise move announced demonetization rupees 500 and 1000 denomination notes with effect from midnight of 8th Novemb.....

Tags : Rupees, De-monetisation, Black money

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Centre allows International Trade Settlements in Indian Rupees for Export Promotion Schemes(09.11.2022)

The Government of India has made suitable amendments in the Foreign Trade Policy and Handbook of Procedures to allow for International Trade Settlemen.....

Tags : Export, Settlement, Rupee

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News

RBI Allows Financial Institutions to Conduct Business in Indian National Rupee in IFSC(20.01.2020)

Reserve Bank of India has allowed the Financial Institutions to conduct businesses in Indian National Rupees in International Financial Services Centr.....

Tags : Reserve Bank of India, Financial Institutions, Business in Indian National Rupee

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Reserve Bank of India Issues Directions for Permitting Rupee Derivatives to be Traded in IFSCs(24.01.2020)

Reserve Bank of India has released directions under Section 45 W of the Reserve Bank of India Act, 1934 permitting Rupee derivatives to be traded in I.....

Tags : Reserve Bank of India, Trading of Rupee Derivatives in IFSCs

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RBI Permits Residents to Conduct Foreign Currency-Rupee Swaps Transactions with Multilateral Bodies(06.11.2015)

Reserve Bank of India (RBI) has permitted domestic entities to conduct foreign currency-rupee swaps with multilateral agencies and allow hedging of lo.....

Tags : RBI, Foreign Currency-Rupee Swaps Transactions

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SC Asks CBI to Accelerate Investigation in Multi-Crore Rupee Chit-Fund Scam Cases(01.12.2015)

Supreme Court has asked CBI to accelerate its investigation in multi-crore rupee chit-fund scam cases against Seashore group of companies in Odisha.

Tags : Supreme Court , multi-crore rupee chit-fund scam cases , Seashore group of companies

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Notifications & Circulars

RBI to issue Digital Rupee starting from 2022-23(01.02.2022)

Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman proposed to introduce Digital Rupee, using blockchain and other technologies.....

Tags : Digital Rupee, Issuance, CBDC

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International Trade Settlement in Indian Rupees(11.07.2022)

1. In order to promote growth of global trade with emphasis on exports from India and to support the increasing interest of global trading community i.....

Tags : International Trade, Settlement, Indian Rupees

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Re 1 currency note to enter circulation(29.03.2016)

The Reserve Bank of India will soon introduce one rupee notes into circulation. The notes will incorporate bi-linguistic features, such as the signatu.....

Tags : one rupee, currency note, circulation

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INR spend limit at duty free shops raised(06.07.2016)

The Ministry of Finance raised the ceiling for payments at duty free shops at international airports from Rs. 5000 to Rs. 25,000.

In 2005,.....

Tags : duty free shops, payments, indian rupee

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RBI brings changes in issuance of Rupee denominated bonds overseas(13.04.2016)

The Reserve Bank of India notified substantial changes in the regime for issuance of Rupee denominated bonds overseas. The limit of US$51 billion for .....

Tags : Rupee bond, overseas, fatf

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RBI to issue Rs. 50 Banknotes with Inset 'R' and Numerals in ascending Size(23.09.2015)

The Reserve Bank of India will issue banknotes in Rs. 50 denomination in Mahatma Gandhi Series - 2005, with numerals in both the number panels in asce.....

Tags : Rbi, 50, rupee, note

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Facilitating Rupee denominated bonds overseas(29.09.2015)

The Reserve Bank of India has put in place a framework for issuance of Rupee denominated bonds overseas, within the remit of the External Commercial B.....

Tags : Indian rupee, denominate, bond, foreign

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RBI to Issue Rs. 10 Bank notes with inset letter 'P'(14.10.2015)

The Reserve Bank of India will issue Rs. 10 denomination bank notes in the Mahatma Gandhi Series-2005 with inset letter 'P' in both the numbering pane.....

Tags : 10, ten, rupee, note, design, inset

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