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RBI is working on expanding UPI to 20 countries by 2028-29: RBI Annual Report
The Reserve Bank of India (RBI) along with NPCI international payments ltd (NIPL) will work towards…
ANI
PM Modi congratulates RBI Governor Das on A+ rating in Global Finance Report
Prime Minister Narendra Modi, on Wednesday, congratulated Reserve Bank of India's (RBI) Governor, S…
ANI
India accounts for nearly half of the global digital payments, highlights RBI report
India holds 48.5% share in the global real-time payments volume, according to the Reserve Bank of I…
ANI
Ahead of Dhanteras 2024, how has gold glittered so far this year?
At 24%, the yellow metal's annual return in 2024 has been nothing less than glittering. Compare thi…
Indian banks to have steady growth in earning over next 3-4 years, fees from unsecured lending may dip, notes Jefferies report
Jefferies reports Indian banks are poised for steady earnings and return growth over the next 3-4 y…
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…
Finance minister asks for greater push and investment in the manufacturing sector at the CII Annual Summit
Finance Minister Nirmala Sitharaman asked for a greater push to manufacturing sector. Speaking at t…
ANI
A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?
The growth rate of bank deposits in India has been slowing, largely outpaced by credit growth. But …
Credit card growth experiencing a slowdown, as borrowers struggle to pay back loans
Growth in credit card spending across the system has dropped to about 13% year-on-year (y-o-y) in A…
Simply Put: A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?
Indians seem to be depositing less money in banks, and everyone's blaming the stock markets. But ar…
India may boost FY25 capex by 8-10% amid surging revenues and record RBI surplus, says Market Kaleidoscope report
This fiscal boost comes as India reaches a historic financial milestone. The total market capitaliz…
ANI
SEBI report reveals the ugly truth of F&O trading in India – 93% of retail traders incurred losses
A report by the Securities Exchange Board of India (SEBI) on the profit and losses in the equity de…
With 6.7% GDP growth in Q1 FY25, SBI says full-year growth should be revised downwards to 7%
According to a recent report by the State Bank of India (SBI), the moderation in India's GDP growth…
ANI
Indian economy relatively slowed in Q1-FY25, here's what experts have to say
The Indian economy grew by 6.7% in real terms in the April-June quarter of the current financial ye…
ANI
SBI Research anticipates Q1 GDP growth at 7.1%, in line with RBI forecast
Indian economy is expected to grow at 7.0-7.1% in the April-June period, the first quarter of 2024-…
ANI
India's digital public infrastructure is transforming country's economic landscape, notes RBI
Built on principles of public good, open access, and regulatory fairness, India Stack has become a …
ANI
Raising massive financial resources for net-zero goal unprecedented challenge: Economic Survey
Reaching net zero means achieving a balance between greenhouse gas emissions and the amount of thes…
PTI
Forex reserves jump $4.84 bn to new all-time high of $651.5 bn
The previous high for the kitty a crucial guard against any disturbances in the external sect…
PTI
RBI announces digital payments intelligence platform to check online frauds
In a bid to bolster the safety and security of digital payments and enhance regulatory frameworks, …
ANI
RBI to allow opening of rupee account outside India
The RBI said it has finalised a strategic action plan for 2024-25 and envisaged liberalisation …