Reserve Bank of India
- Telangana
Are Rs 10 coins valid? SBI launch campaign to clarify concerns
Hyderabad: An awareness campaign on the acceptance of Rs 10 coins was launched by Prakash Chandra Baror, the general manager of Network-II of the State Bank of India, in collaboration with the…
- Business
Market Outlook: RBI MPC, Q2 results, IIP data key factors to watchnext week
New Delhi: The market outlook for next week will depend upon RBI MPC meet, IIP data, and the Q2 earnings season will kick off with key companies like TCS, IREDA Tata Elxsi…
- Business
Former RBI Governor’s message to central bank on setting benchmark interest rates
New Delhi: Amid suggestions for excluding food inflation while setting benchmark interest rates, former RBI Governor Raghuram Rajan has said that he is against excluding food prices from headline inflation, as it…
- India
S&P retains India’s growth forecast at 6.8 pc, expects RBI to cut rates in Oct
New Delhi: S&P Global Ratings on Tuesday, September 24, retained India’s growth forecast at 6.8 per cent for the current fiscal and said it expects the RBI to start cutting interest rates…
- Business
RBI’s forex reserves set to cross $700 bn sooner than expected in FY25
New Delhi: Despite global economic headwinds and deepening geopolitical uncertainties, the forex reserves are at record all-time high levels and are set to cross $700 billion in FY25 sooner than expected. According…
- India
India’s retail inflation rate clocks 3.65 pc in Aug, 2nd lowest in last 5 years
New Delhi: The government on Thursday informed that the year-on-year inflation rate (3.65 per cent), based on the All India Consumer Price Index (CPI), for the month of August was second lowest…
- India
India’s forex reserves up $2.3 billion to touch new high of $683.9 bn
Mumbai: India’s forex reserves increased by $2.299 billion to a new high of $683.98 billion for the week ended August 30, the Reserve Bank of India (RBI) data showed on Friday. For…
- Business
AI can boost Digital Public Infra but poses challenges: RBI chief
Bengaluru: While the integration of AI into financial services brings significant opportunities for customers, banks and regulators, the cutting-edge technology also poses its own set of challenges such as data privacy concerns…
- Business
India offers UPI as a plug-and-play system to other countries
Bengaluru: RBI Governor Shaktikanta Das on Monday offered India’s UPI system as a plug-and-play system for other countries to facilitate quicker and cheaper cross-border remittances among the community of nations. Addressing the…
- Business
PM Modi congratulates RBI Guv for top global rating 2nd time in a row
New Delhi: Prime Minister Narendra Modi on Wednesday congratulated RBI Governor Shaktikanta Das on being rated “A+” for the second time in a row in the ‘Global Finance Central Banker Report Cards…
- India
India records 26 pc jump in FDI flows in first quarter
Mumbai: The gross foreign direct investment (FDI) flowing into the Indian economy has surged by 26.4 per cent to $22.5 billion during the April-June quarter of the current financial year compared to…
- Business
Exports reviving as lever of India’s growth: RBI
Mumbai: There are signs of a revival of net exports as a lever of India’s growth as after the contraction in 2023- 24, outbound shipments from the country are undergoing an expansion…
- Politics
Banks must raise more deposits, step up lending: FM Sitharaman
New Delhi: Finance Minister Nirmala Sitharaman on Saturday urged banks to raise more deposits from the public and step up lending for government schemes announced in Budget 2024-25. Addressing the media after…
- India
Bears growl on RBI MPC policy day, Sensex slumps 581 points
Mumbai: India’s equity indices closed lower on Thursday following a hawkish stance by the Reserve Bank of India (RBI) governor on monetary policy. At closing, Sensex fell 581 points, or 0.73 percent,…
- India
RBI hikes limit for tax payments via UPI from Rs 1 lakh to Rs 5 lakh
Mumbai: The Reserve Bank has decided to enhance the limit for tax payments through UPI from Rs 1 lakh to Rs 5 lakh per transaction, RBI Governor Shaktikanta Das announced on Thursday.…
