RBI outlook to Parliament panel: Malhotra says economy strong; Rs...

RBI outlook to Parliament panel: Malhotra says economy strong; Rs 2,000 notes still legal but out of circulation

Posted

RBI Governor Sanjay Malhotra briefed the Parliamentary Committee on Finance, highlighting the Indian economy's resilience amidst global challenges. He addressed concerns about the status of Rs 2,000 notes, clarifying they remain legal tender despite being out of circulation. The committee also discussed counterfeit currency and cryptocurrency regulations, with the RBI emphasizing its commitment to curbing illicit financial activities.

Read Full Article

Please log in to like, share and comment!

National

Nepalis allowed to carry $3,000 on foreign trips

KATHMANDU: The limit on the amount of foreign currency Nepalis can carry while traveling abroad...

By 0 0

Business

Countering China: India eyes Rs 1,345 crore scheme on rare earth magnets; Indian companies express interest

India is set to focus on domestic production of rare earth magnets with a Rs 1,345 crore...

By 0 0

Sports

IND vs ENG Test: Gambhir lauds Karun for earning India call-up after eight years

Karun Nair earned his way into the India setup with a strong show in the domestic cricket circuit...

By 0 1

National

NRB raises limit for single share purchase loans to Rs 250 million

KATHMANDU: Nepal Rastra Bank (NRB) has increased the lending limit for single share purchase...

By 0 6

National

NRB Governor unveils Monetary Policy 2026/26

KATHMANDU: Nepal Rastra Bank (NRB) Governor Biswo Nath Poudel has presented the 59th monetary...

By 0 13