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Huge drop in remittances from Gulf countries in FY21 due to Covid-19

The share of inward remittances from Gulf nations dipped sharply during 2020-21 on account of the economic stress created by the COVID-19 pandemic, said an RBI article. On the other hand, advanced economies like the US, the UK and Singapore emerged as important sources for the country for remittances, accounting for 36 per cent of the total payments in 2020-21, the article said citing an RBI survey. ....

United Kingdom , New Delhi , Tamil Nadu , Uttar Pradesh , Anand Mahindra , Gulf Cooperation Council Region , Department Of Economic , World Bank , Money Transfer Service Scheme , Ministry Of External Affairs , Reserve Bank , Gulf Cooperation Council , Policy Research , West Bengal , External Affairs , Remittances From Gulf , Reserve Bank Of India ,

OTP rule changes from today! Debit, credit card users must know new regulations before making payment | Personal Finance News

The RBI recently increased the minimum amount on e-mandates requiring One Time Passwords (OTPs) to Rs 15000, up from Rs 5000, previously. ....

New Delhi , Ashneer Grover , Shaktikanta Das , Reserve Bank , One Time Passwords , Credit Card , Debit Card , Tp Rule , Reserve Bank Of India ,

Golden opportunity to invest in gold at a discount! SGB Scheme opens on June 20 for subscription | Bullion News

RBI said the first tranche of Sovereign Gold Bond (SGB) for 2022-23 will open for subscription for five days from June 20. ....

New Delhi , Jewellers Association Limited , Reserve Bank , Sovereign Gold Bond , India Bullion , Hindu Undivided Families , Sovereign Gold Bond Scheme , Sgb Scheme , Reserve Bank Of India ,

Centre appoints Anand Mahindra, Pankaj Patel, Venu Srinivasan to RBI's central board | Economy News

Anand Mahindra, Pankaj R Patel and Venu Srinivasan, and former IIM (Ahmedabad) professor Ravindra H Dholakia has been appointed as non-official directors on the central board of the Reserve Bank. ....

New York , United States , France General , New Delhi , Sri Lanka , Sri Lankan , Ravindrah Dholakia , Zydus Lifesciences , Venu Srinivasan , Pankajr Patel , Anand Mahindra , Purdue University United States , Mission Steering Group , Facilitation Agency , Appointments Committee Of The Cabinet , National Investment Promotion , Mahindra Group , European Management Institute , Monetary Policy Committee , National Health Mission , Motor Company , Appointments Committee , Reserve Bank , Retail Term , Global Board , Foreign Relations ,

NSE co-location scam: CBI launches search operation in Delhi NCR, Mumbai

The CBI launched a coordinated search operation at over 10 locations in multiple cities on Saturday in connection with the NSE co-location scam case. ....

West Bengal , New Delhi , Ravi Narain , Chitra Ramkrishna , Sanjay Gupta , Anand Subramanian , Pay Commission , Exchange Board Of India , Securities Private , National Stock Exchange , Central Bureau Of Investigation , Central Bureau , Private Limited , Exchange Board , Also Read , Nse Fraud , Se Fraud Case , Central Bureau Of Investigation ,