Starting May 1, 2025, the Reserve Bank of India (RBI) will require all banks, financial institutions, and regulated entities to submit their regulatory applications exclusively through the PRAVAAH portal. This move is designed to simplify the application process, promote transparency, and accelerate request handling. The portal provides all necessary forms, detailed guidelines, and support tools to assist users.
RBI likely sold $12 billion in gold reserves amid rupee pressure
India’s central bank, the Reserve Bank of India (RBI), is estimated to have sold nearly $12 billion worth of gold reserves within a two-week period ending May 22. The assessment, based on...





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