MUMBAI, India, April 9 -- Reserve Bank of India issued the following notification: RBI/2026-27/08 CO.DPSS.ID.No.S20/06-08-017/2026-2027 April 09, 2026 The Chairman / Managing Director / Chief Executive Officer All Scheduled Commercial Banks Madam / Dear Sir, Guidelines to facilitate faster cross-border inward payments The Reserve Bank's Payments Vision 2025 aims to bring efficiency in the cross- border payments aligning with the G20 roadmap for cross-border payments that has set target...
MUMBAI, India, April 9 -- Reserve Bank of India issued the following press release: Over the past decade, digital payments in India have expanded at an unprecedented pace, reflecting a structural shift in the way individuals and businesses conduct financial transactions. However, this has been accompanied with growing sophistication of fraudulent activities targeting customers. In alignment with the objective of promoting digital payments in a safe and secure manner, and as announced in the St...
MUMBAI, India, April 9 -- Reserve Bank of India issued the following press release: The Reserve Bank of India today issued the circular on Guidelines to facilitate faster cross-border inward payments. The RBI had issued a draft circular on the subject on October 29, 2025, seeking feedback from stakeholders. Feedback received on the draft circular has been examined and consequent modifications have been suitably incorporated in the final circular. Statement on the major feedback received on the...
MUMBAI, India, April 9 -- Reserve Bank of India issued the following press release: The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period February 23, 2026 - February 27, 2026. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases 23-02-2026 5,103 1,788 2,279 ...
MUMBAI, India, April 9 -- Reserve Bank of India issued the following press release: The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period February 16, 2026 - February 20, 2026. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases 16-02-2026 2,269 1,022 674 187 ...
MUMBAI, India, April 9 -- Reserve Bank of India issued the following press release: The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period February 09, 2026 - February 13, 2026. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases 09-02-2026 5,364 1,524 914 59...
MUMBAI, India, April 9 -- Reserve Bank of India issued the following press release: The Reserve Bank of India today released the data showing daily merchant and Inter-Bank transactions in foreign exchange for the period February 02, 2026 - February 06, 2026. All Figures are in USD Millions Position Date MERCHANT INTER BANK FCY / INR FCY / FCY FCY / INR FCY / FCY Spot Forward Forward Cancel Spot Forward Forward Cancel Spot Swap Forward Spot Swap Forward Purchases 02-02-2026 6,227 1,888 1,304 67...
India, April 7 -- The Government of India has issued a release: Shri Tejveer Singh, IAS (PB :1994), today assumed charge as Secretary, Department of Chemicals and Petrochemicals (DCPC), Ministry of Chemicals and Fertilizers. On the occasion, Shri Singh was welcomed by Smt. Nivedita Shukla Verma, outgoing Secretary, DCPC, along with senior officers of the Department. Prior to his appointment as Secretary, DCPC, Shri Tejveer Singh was serving as Additional Chief Secretary, Department of Technic...
India, April 7 -- The Government of India has issued a release: The National Human Rights Commission (NHRC), India organised a meeting of the Core Group on Right to Food and Nutrition on the theme 'Tackling Food Adulteration in India: Understanding the Scale, Challenges and Reforms' in hybrid mode at its premises in New Delhi. NHRC Chairperson, Justice V. Ramasubramanian chaired the meeting which was attended by Members, Justice (Dr.) Bidyut Ranjan Sarangi, Smt. Vijaya Bharathi Sayani; Secretar...
India, April 7 -- The Government of India has issued a release: The National Human Rights Commission (NHRC) today organised an award ceremony at its premises in New Delhi to felicitate the seven winners of its human rights Short Film Competition 2025. Addressing the gathering, NHRC, India Chairperson, Justice V. Ramasubramanian congratulated the winners and lauded their passion for filmmaking. He highlighted the impact of audio-visual content, describing it as a powerful medium that appeals to ...