Category: RBI

In India, treasury bills largely refer to short-term money sector instruments that act as promissory notes with the assurance of repayment in the future. The money accumulated through these money instruments is meant to help the government in its short-term requirements, thus contributing effectively to the decrease of the nation’s typical fiscal shortfall. Treasury bills […]

Treasury bills are short-term debt instruments that the Government of India (GOI) issues to meet its borrowing requirements for short-term. On 17th May, 2024, The Reserve Bank of India (RBI) revised the calendar for the auction of GOI’s t-bills. Reserve Bank of India has announced the auction of GOI’s treasury bills as per the following […]

Shri R. Lakshmi Kanth Rao has been appointed as the new Executive Director (ED) of the Reserve Bank of India (RBI) with effect from 10th May, 2024. Shri Rao had been serving as the Department of Regulation’s Chief General Manager-in-Charge prior to being appointed as the RBI’s ED.  Shri Rao carries with him an experience […]

For any nation, the depreciation of their currency can have far-reaching effects on its economy as well as trade relationships. When we talk about the Indian rupee, its fluctuating value against major foreign currencies has been a matter of concern and interest for the policymakers, entities and the general masses in India. In the year […]

On December 11th, 2023, the Government of India announced Series III and IV of the Sovereign Gold Bond Scheme 2023-24. Under the Scheme, there will be a distinct series (Series III and IV) which will be shown on the Bond issued to the investor. The bonds will be issued on the following dates:   S.No. […]