RBI
- India
RBI likely to go in for another policy rate cut by year-end: Report
Mumbai: The RBI is likely to go in for another policy rate cut before the end of the year, which, along with fiscal consolidation and domestic regulatory easing, would lead to a…
- India
India’s forex reserves drop to USD 698 billion
Mumbai: India’s forex reserves dropped by USD 2.176 billion to USD 697.784 billion during the week ended October 10, according to the Reserve Bank data released on Friday. In the previous reporting…
- Technology
Rupee rises 4 paise against US dollar
Mumbai: The rupee appreciated four paise to close at 88.68 against the US dollar on Monday, supported by suspected RBI intervention and optimism about a breakthrough in the India-US trade talks. Forex…
- India
Banks to clear cheques on same day from October 4 over RBI guidelines
New Delhi: Private banks, including HDFC Bank and ICICI Bank, have informed that they will start same-day cheque clearance from October 4, following the Reserve Bank of India’s (RBI) updated settlement framework…
- Business
Govt appoints S C Murmu as RBI Deputy Governor
New Delhi: The government has appointed Shirish Chandra Murmu as Deputy Governor of the Reserve Bank of India for a three-year term. The Appointments Committee of the Cabinet has approved his appointment,…
- Technology
Rupee rises 10 paise to close at 88.16 against US dollar
Mumbai: The rupee witnessed range-bound trading and settled higher by 10 paise at 88.16 against the US dollar on Monday, as the domestic unit was caught between worries over US trade tariffs…
- Business
India’s forex reserves jump USD1.49 billion to USD695.11 billion
Mumbai: India’s foreign exchange reserves rose by $1.49 billion to $695.11 billion for the week ended August 15, data released by the RBI on Friday showed. The increase comes on the back…
- Business
India’s GDP growth projected at 6.7 pc in Q1 FY26: Report
New Delhi: India is expected to clock 6.7 per cent growth in the first quarter of the current fiscal (FY26), outpacing the RBI Monetary Policy Committee’s (MPC’s) recent forecast of 6.5 per…
- Business
RBI projected to cut repo rate by 25 basis points in Q4 2025: HSBC
New Delhi: The Reserve Bank of India (RBI) may implement a 25 basis point rate cut in the fourth quarter this year if moderate high-frequency data from June continues, a report said…
- Business
With inflation set to top 2pc, SBI sees RBI rate cut in December as difficult
New Delhi: As August inflation print likely to top 2 per cent and be closer to 2.3 per cent, a rate cut by the Reserve Bank of India (RBI) in October looks…
- Technology
Paytm gets RBI nod to operate as online payment aggregator
New Delhi: Paytm Payments Services has received the Reserve Bank of India’s nod to operate as an online payment aggregator, its parent firm and Paytm brand owner One 97 Communications said in…
- Technology
Banks free to decide on minimum balance for savings accounts: RBI
Gozaria: Reserve Bank of India Governor Sanjay Malhotra on Monday said banks are free to decide the minimum balance for savings accounts and that it does not fall under the regulatory domain…
- Business
RBI proposes new rules for easier claim settlements of deceased customers
New Delhi: The Reserve Bank of India (RBI) has proposed new rules to make it easier and faster to settle claims on the bank accounts and lockers of customers who have passed…
- India
Indian stock market extends losses after RBI MPC decisions
Mumbai: Following the Reserve Bank of India’s (RBI) decision on Wednesday to maintain the repo rate at 5.50 per cent, the benchmark index Nifty 50 experienced a slight decline, falling below the…
- India
Jan Dhan account holders can complete re-KYC till Sept 30: RBI
New Delhi: RBI Governor Sanjay Malhotra announced on Wednesday that a large number of Pradhan Mantri Jan Dhan Yojana accounts have become due for re-KYC (Know Your Customer) updates, as the government’s…
