Liberalised Remittance Scheme (LRS) for resident individuals-Increase in the limit from USD 75,000 to USD 125,000

Reserve Bank of India has, under the Liberalised Remittance Scheme (LRS) for resident individuals, enhanced the existing limit of USD 75,000 […]

Reserve Bank to withdraw Currency notes issued before 2005

The Reserve Bank today decided to withdraw all currency notes issued prior to 2005, including Rs 500 and Rs 1,000 […]

RBI Third Quarter Monetary Policy 2012-13

Following are the highlights of the RBI’s third quarter monetary policy review: Short-term lending rate or Repo rate reduced by […]