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OpIndia Explains

India to roll out plastic currency notes: Why is RBI switching to polymer banknotes?

Divya Bharti -
The RBI is launching trials for polymer ₹10 and ₹20 notes to improve durability and security. While more expensive initially, these plastic banknotes last longer, reduce replacement costs, and will circulate alongside existing paper currency.
Featured

Explained: Why RBI Governor said that Indian rupee is undervalued and what it means 

Shraddha Pandey -
“The Indian [currency] rupee is “not overvalued” and could even be considered undervalued in both nominal and real effective exchange rate terms,” the RBI Governor said.
Economy and Finance

India to get around $70 billion in foreign funds due to steps taken by the Modi govt and the RBI: Here is what we...

OpIndia Staff -
Notably, the inflow of funds depends on the inclusion of government bonds in the Bloomberg Global Aggregate Bond Index.
Editor's picks

Bloomberg grudgingly retracts fake news about Modi govt selling $12 billion of RBI’s gold reserves after being exposed

OpIndia Staff -
"The analysis erroneously used same-day domestic gold prices to value RBI's gold reserves," Bloomerg accepted.
Economy and Finance

RBI refutes Bloomberg report claiming sale of gold worth $12 billion, clarifies its gold holding remains steady at 880.52 metric tonnes

OpIndia Staff -
The Reserve Bank of India (RBI) today firmly denied media reports suggesting it had sold gold reserves, stating that its physical gold holdings remain...
Economy and Finance

RBI considering a ‘Kill Switch’ to prevent financial fraud: Read how the mechanism to block banking transactions will work

OpIndia Staff -
To combat rising digital scams like "digital arrests," the RBI is exploring a "Kill Switch" feature.
Economy and Finance

RBI cancels banking licence of Paytm Payments Bank: Read why the decision was taken and what it means for users

Shriti Sagar -
The RBI further said that the management’s conduct was “prejudicial to the interest of the depositors,” which is a serious concern for any financial institution.
Economy and Finance

Reserve Bank of India cancels banking licence of Paytm Payments Bank Limited, says the bank is not complying with the law

OpIndia Staff -
The Reserve Bank of India (RBI) today cancelled the banking licence of Paytm Payments Bank Limited (PPBL) with immediate effect, marking the end of...
Economy and Finance

ED terminates FEMA case against Paytm subsidiary Nearbuy as per RBI compounding order on payment of ₹4.28 lakh penalty

OpIndia Staff -
The Enforcement Directorate (ED) on 19th December, 2025, announced the termination of Foreign Exchange Management Act (FEMA) violation proceedings against Nearbuy India Private Limited,...
Crime

Bengaluru Police crack ₹7 Crore cash van robbery cash: Constable and Ex-CMS employee arrested, ₹5.76 crore cash recovered

OpIndia Staff -
Dr. Muzammil Shakeel has confessed that the deadly Red Fort blast was a "panic detonation" disrupting a larger, two-year conspiracy. The Jaish-linked group of professionals self-funded ₹26 lakh to procure explosives and planned simultaneous attacks across Indian cities.
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