May 23, 2025

India's Forex Reserves Drop $4.88 Billion to $685.73 Billion

India's foreign exchange reserves have decreased by $4.88 billion, reaching $685.73 billion. Explore the factors contributing to this decline.

May 23, 2025

ICICI Bank PayLater Account Closed; Details Inside

ICICI Bank has decided to discontinue its PayLater credit line on UPI for all customers. Find out what this means for account holders.

May 23, 2025

RBI Transfers ₹2.68 Lakh Crore as Surplus to Central Government

The Reserve Bank of India (RBI) approved the transfer of ₹2,68,590.07 crore as surplus to the Central Government for the accounting year 2024-25. The decision was made in the 616th meeting of the Central Board of Directors of RBI under the Chairmanship of Governor Sanjay Malhotra. The increased surplus transfer is based on the revised Economic Capital Framework (ECF) and macroeconomic assessment.

May 23, 2025

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May 23, 2025

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