Designed by the National Payments Corporation of India (NPCI), UPI LITE was launched by the Reserve Bank of India in September 2022.

Source: https://www.dailyexcelsior.com/paytm-payments-bank-becomes-first-to-launch-upi-lite-feature/

However, in a bid to internationalise the Indian currency, the Reserve Bank of India on July 11, 2022 allowed importers to pay with rupees and exporters be paid in rupee.

Source: https://indianexpress.com/article/business/no-takers-for-rupee-payment-for-oil-imports-9080960/

India on Saturday moved a step closer to increasing circulation of the rupee in the Gulf region with the signing of two memoranda of understanding (MoU) between the Reserve Bank of India and the Central Bank of the United Arab Emirates.

Source: https://www.thehindu.com/news/national/india-and-uae-set-to-use-rupee-dirham-for-trade/article67084500.ece

In early March, Minister of State for Finance Bhagwat Kishanrao Karad informed the Rajya Sabha that the Reserve Bank of India (RBI) has put in place the mechanism for rupee trade settlement with as many as 18 countries.

Source: https://www.thehindubusinessline.com/opinion/perils-of-trading-globally-in-rupee/article66824402.ece

It has been a routine activity for the Reserve Bank of India to identify certain banks as domestic systemically important banks (D-SIBs).

Source: https://www.thehindubusinessline.com/specials/current-account/vault-matters-sanctity-of-too-big-to-fail-banks/article67686289.ece

It is a fact that remittances under LRS have increased multi-fold in the last few years, and as per data published by the Reserve Bank of India (RBI), LRS remittances which were Rs 0.9 trillion in FY2019, crossed Rs 2 trillion in FY2023.

Source: https://indianexpress.com/article/opinion/columns/chief-economic-advisor-writes-tax-on-international-credit-card-transactions-is-fair-8618912/

Last week, Reserve Bank of India (RBI) Governor Shaktikanta Das said CPI for May could be even lower than the April print.

Source: https://indianexpress.com/article/business/banking-and-finance/deposit-rates-may-remain-steady-as-liquidity-improves-inflation-falls-8641411/

New Delhi: The Reserve Bank of India on Tuesday issued revised classification, valuation and operation guidelines for the investment portfolio of commercial banks, which will be effective from April 1, 2024.

Source: https://pragativadi.com/rbi-issues-revised-norms-for-investment-portfolio-of-commercial-banks/

Primary market issuances of corporate bonds jumped to ₹3.9-lakh crore during H2 (second half) of FY23 (up to February 2023) from ₹2.5-lakh crore during the corresponding period of 2021–22, according to the Reserve Bank of India.

Source: https://www.thehindubusinessline.com/money-and-banking/domestic-corporate-bond-issuances-offset-moderation-in-overseas-bond-issuances-rbi-report/article66710051.ece

Retail inflation spiked to 7.44% in July, the highest since April 2022, from 4.87% in the previous month, while liquidity stayed in deficit through last week after the Reserve Bank of India mandated banks to maintain additional cash reserve ratio.

Source: https://www.marketscreener.com/quote/currency/AUSTRALIAN-DOLLAR-US-DO-2373531/news/WEEKAHEAD-India-rupee-likely-to-recover-more-bond-yields-flattish-44708619/?utm_medium=RSS&utm_content=20230827

The discussion comes as the Reserve Bank of India said in a report that even as global growth is set to weaken in 2023, the Indian economy may not slow down and is likely to maintain the pace of expansion witnessed in 2022-23.

Source: https://indianexpress.com/article/explained/explained-economics/jp-morgan-economist-sajjid-chinoy-fed-indian-economy-svb-crisis-recession-inflation-live-updates-8528604/

The discussions during the meeting will be jointly steered by Ministry of Finance and Reserve Bank of India along with France and South Korea who are co-chairs of the International Financial Architecture Working Group.

Source: https://www.dailyexcelsior.com/india-undeniably-a-global-powerhouse-says-south-korea/

The government had selected State Bank of India (SBI) Managing Director Swaminathan Janakiraman as a Deputy Governor of the Reserve Bank of India in June.

Source: https://indianexpress.com/article/business/govt-begins-search-for-irdai-members-in-advance-8842707/

The group is set to propose the change to the Reserve Bank of India and government officials in coming days.

Source: https://www.financialexpress.com/industry/bad-loan-companies-call-for-rule-change-to-boost-market/3081775/

The Reserve Bank of India has done a great job in managing monetary policy.

Source: https://guyanachronicle.com/2023/05/01/president-ali-commended-for-pursuing-closer-economic-ties-with-india/

The Reserve Bank of India (RBI) has made no bones about it being averse to crypto currency, ever since it emerged on the horizon in the country a few years ago.

Source: https://www.ibtimes.co.in/rbi-averse-crypto-all-set-float-cbdc-finmin-weighs-options-details-859829

The Reserve Bank of India saidit is proposing to permit banks with IFSC banking units to offer non-deliverable forex derivative contracts involving the Indian rupee to resident users in the onshore market.

Source: https://indianexpress.com/article/business/banking-and-finance/rbi-permits-banks-to-offer-non-deliverable-fx-derivatives-to-resident-users-8541633/

The rupee has repeatedly failed to scale the 82 handle despite equity inflows, thanks to likely intervention by the Reserve Bank of India, according to traders.

Source: https://www.marketscreener.com/quote/currency/UNITED-STATES-DOLLAR-B-35467117/news/Rupee-to-track-yuan-s-slide-at-open-eyes-82-20-USD-44363155/?utm_medium=RSS&utm_content=20230718

This means that the Reserve Bank of India (RBI) wants most such notes to be exchanged or deposited into banks by 30 September and gradually removed from circulation.

Source: https://www.bbc.co.uk/news/world-asia-india-65679657?at_medium=RSS&at_campaign=KARANGA

While the Reserve Bank of India has not put a cap on the number of Rs 2,000 notes that one can deposit in bank accounts, tax experts say one should be aware of the Statement of Financial Transaction (SFT) rules.

Source: https://www.financialexpress.com/money/depositing-rs-2000-note-in-bulk-know-the-stf-rules/3100063/