India's forex reserves zoom by $10.417 billion to $572 billion

In October 2021, the country's forex kitty reached an all-time high of USD 645 billion. The reserves have been declining as the central bank deploys the kitty to defend the rupee amid pressures caused majorly by global developments.

Sebi proposes separating brokers from investors' money; Check details here

The Securities and Exchange Board of India's (SEBI) move follows one by the Reserve Bank of India to allow a one-time blocking of funds in bank accounts and multiple debits through the unified payments interface (UPI) real-time payments system.

RBI cautions states against reverting to old pension scheme

<ul><li>Earlier, governments of Rajasthan, Chhattisgarh, and Jharkhand informed the central government and the Pension Fund Regulatory and Development Authority (PFRDA) about their decision to restart the OPS for their employees.</li></ul>

Cryptos are nothing but gambling, their value only make-believe: RBI governor Shaktikanta Das

To further its opposition to such currencies and also to take a lead over other central banks, the RBI recently launched its own digital currency (central bank digital currency), in the form of e–rupee on a pilot mode, first for the wholesale in late last October and a month later for retail customers.

Nifty rose for the 7th consecutive year in 2022; Will this dream run continue in 2023?

With a 4.32% gain in 2022, the Nifty set a new record by delivering positive returns for seven years (CY16–22) in a row. Even though the index has been up 7 years, there are only two sectors—Oil &amp; Gas and Financials—that have delivered positive returns.

Volume of complaints received under RBI ombudsman schemes jumps 9%

Complaints relating to the digital modes of payment and transactions were the highest in number, constituting 42.12 per cent of the total complaints received during the year.

RBI Bulletin: Financial assets of Indians over the past 3 years

Net financial savings of households refer to the flow of net financial assets, which represents change in financial assets held by households minus change in their financial liabilities.

A month after RBI's digital lending norms came into force, fintech lenders' concerns remain

The latest digital lending guidelines were released in September but came into force on November 30.

Rupee's threat to slip below 83 a dollar likely nipped by RBI

<ul><li>The rupee closed at 82.8800 per U.S. dollar, down from 82.7375 in the previous session.</li></ul>

SBI, ICICI Bank, HDFC Bank continue to remain systemically important banks: RBI

<ul><li>The Reserve Bank of India (RBI) had announced SBI and ICICI Bank as D-SIBs in 2015 and 2016. Based on data collected from banks as on March 31, 2017, HDFC Bank was also classified as a D-SIB.</li></ul>

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India's forex reserves zoom by $10.417 billion to $572 billion

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