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97.50 per cent of the Rs 2,000 banknotes that were in circulation as on May 19, 2023, when the withdrawal was announced have been returned, the RBI said on Thursday.

Despite various shocks and crises, he said the Indian banking sector has seen a remarkable recovery.

The draft framework lays down the characteristics of FinTech self-regulatory organisations, including its functions and governance standards.

In a set of Frequently Asked Questions (FAQs) on its website, the RBI said people can send the notes to any of its 19 issue offices from any post office.

The quantum of market borrowings by the Telangana government for the quarter January-March 2024 from the Reserve Bank of India will run into at least Rs.13,000 crore

The central bank said that the penalty has been imposed in the exercise of powers conferred on RBI under section 47A(1)(c) read with sections 46(4)(i) and 56 of the Banking Regulation Act, 1949.

While the efforts to tarnish the brand image of Telangana especially Hyderabad are on by projecting the State as a debt-ridden one and had no progress in the last 10 years, Telangana continues to win appreciation from not only the national, but also international organisations

According to the CMO officials, the duo discussed the current economic scenario of Telangana and the strategies to be adopted for its economic development where the former RBI Governor made several suggestions to improve the economic situation. 

Telangana is ranked second with its own tax revenue pegged at 84.2 percent of the overall tax revenue collected, next only to Haryana with 86.9 percent of the overall tax revenue

The last day for the public to avail of exchange or to deposit high-value Rs 2000 banknotes at the banks was Saturday (October 7).

The debt of every citizen in Telangana is fully sustainable even for the next generation given the durable assets the State has created to power growth

Official data released on Tuesday indicated that through October, wholesale inflation in India remained in the negative for the seventh consecutive month

Additionally, the meeting encompassed discussions on the Ombudsman Scheme, designed to safeguard the rights and interests of consumers, as well as the activities of select Central Office Departments.

Growth optimism must be tempered with harsh ground realities —resurging inflation and unemployment

The penalty has been levied by the RBI under the relevant sections of the Reserve Bank of India Act, 1934

Governor Das discussed the multifaceted challenges confronting the global economy, emphasizing the intricate balance required in policymaking

In an article on the state of economy, the bulletin said that in India, a broad-based gaining of momentum is discernible in high frequency indicators.

India is yet to put in place the Data Protection Authority that would oversee the range of privacy compliance by institutions

Brent crude futures, the global oil benchmark, advanced 0.41 per cent to USD 90.02 per barrel.

India must strike a balance between utilising debt as a financial tool and ensuring fiscal sustainability