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Patel is an economist who worked with the IMF and the central government. He served as the deputy governor of RBI prior to becoming the governor. His governorship oversaw the demonetization of ₹500 and ₹1000 banknotes. He later resigned citing personal reasons. [6] [7] [8] 25 Shaktikanta Das: 12 December 2018 — 11 December 2024 5 years ...
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2024 Abujhmarh clash: More than 36 Maoists are killed in an operation carried out by District Reserve Guards and Special Task Force in the Abujhmarh forest area in Chhattisgarh. [169] 2024 Haryana Legislative Assembly election: The BJP retains control of the state Legislative Assembly for a record third term, winning 48 of 90 seats. [170] [171]
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Reserve Bank of India, abbreviated as RBI, is the central bank of India, and regulatory body responsible for regulation of the Indian banking system and Indian currency. Owned by the Ministry of Finance , Government of India , it is responsible for the control, issue, and maintenance of the supply of the Indian rupee.
Sanjay Malhotra (born 14 February 1968) is an Indian bureaucrat who is serving as the Current and 26th Governor of the Reserve Bank of India (RBI) since December 11, 2024. [3] [4] He is an Indian Administrative Service Officer of 1990 Batch Rajasthan Cadre. [5]
India's total forex reserves touched an all-time high of US$642.453 billion on 8 September 2021. [19] The reserves declined to $598.89 billion by 8 September 2023 [20] & rose to hit a fresh all time high of $642.63 in March 2024. [21] India's total forex reserves touched an all-time high of US$704.89 billion on 27 September 2024. [4]
On 1 March 2024, Reserve Bank of India informed that 97.62% of Rs 2,000 notes have been returned to the banking system, however Rs 2,000 notes worth Rs 8,470 crore are still in circulation with public, at the close of business on 29 February 2024. [31] [32] RBI said that 2,000 bank notes continue to be legal tender. [33] On 1 April 2024 ...