In a significant move aimed at increasing transparency and monitoring the financial health of the non-banking financial companies (NBFCs), the Reserve Bank of India (RBI) has directed shadow banks to provide detailed information on their supply-chain financing activities. This...
In a historic move that underscores India’s dedication to financial sovereignty and economic resilience, the Reserve Bank of India (RBI) has successfully brought back 102 tonnes of gold from the Bank of England. This transfer of gold, one of...