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RBI

RBI pauses gold purchases as reserves hit eight‑year low
Posted inBusiness Business News Economy

RBI pauses gold purchases as reserves hit eight‑year low

IntroductionThe Reserve Bank of India (RBI) has dramatically curbed its gold‑buying activity, bringing the central bank’s annual purchases down to an eight‑year low. While gold prices have surged to record…
Posted by Rumorrush January 21, 2026
Delhi’s historic financial reset: how the new RBI MOU will transform the capital’s economy
Posted inAir India Economy Finance

Delhi’s historic financial reset: how the new RBI MOU will transform the capital’s economy

Delhi’s government has taken a bold step toward fiscal revitalisation by signing a landmark memorandum of understanding (MOU) with the Reserve Bank of India (RBI). The agreement, announced in early…
Posted by Rumorrush January 6, 2026
RBI’s new minimum‑balance mandate: what it means for Indian bank account holders
Posted inBanking Finance India

RBI’s new minimum‑balance mandate: what it means for Indian bank account holders

IntroductionThe Reserve Bank of India (RBI) has rolled out a fresh set of minimum‑balance requirements for all bank accounts, slated to take effect on December 10, 2025. The move, announced…
Posted by Rumorrush December 20, 2025
RBI clarifies Gandhi’s portrait will not appear on Indian currency notes
Posted inCurrency Economy Finance

RBI clarifies Gandhi’s portrait will not appear on Indian currency notes

IntroductionA wave of speculation has recently swept across social media and news portals, suggesting that the Reserve Bank of India (RBI) might replace Mahatma Gandhi’s iconic portrait on Indian banknotes…
Posted by Rumorrush December 19, 2025

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