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India likely to grow at 7.2% in FY25, says RBI deputy governor
India's rising working-age population and digital advancements are pivotal in this growth.
PTI
Paytm can onboard new UPI users again, receives NPCI nod months after RBI restrictions
Paytm's parent company, One97 Communications Ltd, has received approval from the National Payments …
RBI MPC announcement today: Rates unlikely to change, RBI may change stance to neutral
The Reserve Bank of India (RBI) is set to conclude the three-day Monetary Policy Committee (MPC) me…
Reserve Bank may act against more NBFCs to keep obscure lending practices in check, says Morgan Stanley
Earlier this month, the apex bank had already issued a stern warning to the NBFC sector, discouragi…
RBI's monetary policy committee meeting begins today, announcement on October 9
The Reserve Bank of India (RBI) is set to begin its three-day monetary policy meeting on Monday and…
Boom or bust — how RBI’s decision to leave rates unchanged affects homebuyers
If you're an aspiring homebuyer, now is not the time. And if you're already paying home loan EMIs, …
RBI projects 7.2% GDP growth for FY25, CPI inflation to moderate at 4.5%
The Reserve Bank of India (RBI) has projected India's real GDP growth for FY25 at 7.2%, while CPI i…
RBIs MPC meet concludes today: Repo rate left unchanged at 6.5%
Treading along expected lines, RBI rate-setting panel left the repo rate unchanged at 6.5% for the …
Status-quo on interest rate likely, say experts ahead of RBI's policy review
The Reserve Bank of India is expected to maintain the current repo rate at 6.5% in its upcoming pol…
PTI
India handled inflation much better than US, Germany and France: SBI Report
India has demonstrated a largely successful inflation-targeting regime compared to advanced economi…
ANI
S&P retains India's growth forecast at 6.8%, expects RBI to cut rates in Oct
S&P said the Union Budget in July outlined that the government remains committed to fiscal consolid…
PTI
Sensex soars to 84,928, Nifty settles at 25,939 as stock market closes at all-time high
The stock market closed in the green, with benchmark indices hitting new all-time highs at the end …
ANI
Shaktikanta Das receives award for A+ grade in Central Bank Report Cards 2024 in USA
The Central Bank Report Cards, published annually by Global Finance since 1994, grade the central b…
RBI slaps fine of Rs 2.91 crore on Axis Bank and HDFC Bank: All details
The Reserve Bank of India has fined Axis Bank and HDFC Bank a total of ₹2.91 crore for regulatory l…
RBI unlikely to cut interest rate in 2024, food inflation to be deciding factor, says SBI chief Setty
The US Federal Reserve's first cut in interest rates in more than four years happened today, tr…
Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report
As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…
Bajaj Housing Finance IPO booked over 4x on the second day. Should you jump aboard this ship?
While the allotment is expected to be finalised by September 12, the listing on NSE and BSE will te…
Rs 2,000 notes: 97.96% returned; Rs 7,261 crore worth notes still with public
The facility for the exchange of the Rs 2000 banknotes has been available at the 19 issue offices o…
PTI
RBI imposes penalties on three housing finance companies for non-compliance with directions
The Reserve Bank of India has imposed monetary penalties on three Non-Banking Financial Companies f…
ANI
Loan sanctioning has gone digital, but recovery still needs a 'feet on the street' approach, says RBI Deputy Governor
He also highlighted one particularly concerning practice that involves the invasion of customers' p…