You Searched For "RBI current account" and got 20 results
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3 mins read
India's digital economy poised to constitute 1/5th of GDP by 2026, highlights RBI report
Several enabling forces have come together to energise this revolution. Although internet penetrati…
PTI
2 mins read
Banks' gross NPAs at 12-yr low, may fall further to 2.5%: RBI report
Among bank groups, public sector banks (PSBs) recorded a substantial reduction (76 bps) in their GN…
PTI
2 mins read
RBI approves highest-ever dividend payout of Rs 2.11 lakh crore to central government!
The Reserve Bank of India, on Wednesday, approved the highest-ever dividend payout of Rs 2.11 lakh …
PTI
2 mins read
RBI to soon launch app to enable retail investors to participate in govt bonds
The Reserve Bank on Friday announced the launch of a mobile app to enable retail investors to parti…
PTI
2 mins read
RBI leaves key repo rate unchanged, focus on keeping inflation in check
The Reserve Bank of India (RBI), on Friday, left the key policy rate unchanged at 6.5 per cent in i…
2 mins read
RBI announces auction sale of Govt. securities of ₹32,000 crore
The Reserve Bank of India has announced the auction for the sale of Government Securities worth Rs …
ANI
3 mins read
With food inflation looming large, ‘shallow rate’ cuts expected only in Q3 FY25
The ongoing heatwave conditions, and projections of a harsher summer, are likely to impact India’s …
2 mins read
India can sustain 8% growth, even higher: RBI bulletin
India can sustain 8 per cent annual GDP growth and the conducive macroeconomic configuration may be…
PTI
2 mins read
India's current account deficit widens to 4.4% of GDP in Q2 due to high trade deficit: RBI data
Widening trade gap pushed up the country's current account deficit to USD 36.4 billion or 4.4 per c…
PTI
2 mins read
RBI rules out review of action against Paytm Payments Bank
Reserve Bank of India Governor Shaktikanta Das on Monday ruled out any review of the central bank's…
PTI
2 mins read
RBI expected to hold rates for the 5th time in a row, no cuts likely before Q2FY25
The Reserve Bank of India’s Monetary Policy Committee paused its rate hike cycle from February this…
3 mins read
Capital Small Finance Bank IPO to open on Feb 7, sets price band at ₹445-468/sh
The initial public offer of Capital Small Finance Bank will open on February 7 and close on Februar…
2 mins read
RBI slaps fines on Axis Bank, Manappuram Finance
The Reserve Bank on Thursday imposed a monetary penalty of Rs 90.92 lakh on Axis Bank and Rs 42.78 …
PTI
4 mins read
RBI expects India’s GDP to grow at 7% in FY24; keeps repo rate unchanged
The Reserve Bank of India (RBI)’s Monetary Policy Committee unanimously decided to keep the repo ra…
1 min read
RBI stops Paytm Payments Bank from accepting deposits after Feb 29
The RBI on Wednesday barred Paytm Payments Bank Ltd from accepting deposits or top-ups in any custo…
PTI
3 mins read
RBI crackdown on personal loans – Bajaj Finance, IIFL, Aditya Birla and SBI Cards to take a bigger hit, say analysts
Reserve Bank of India’s crackdown on personal loan disbursals by banks and non-banking finance comp…
2 mins read
Not out of the woods yet and have miles to go: RBI on inflation
A Reserve Bank Bulletin on Thursday said retail inflation has moderated due to monetary policy acti…
PTI
4 mins read
RBI records its largest-ever current account surplus — but that’s not necessarily a good thing
More money in the bank is usually regarded as a positive sign to look forward to, but for the Reser…
2 mins read
Jio’s fundraising spree and fall in imports help India clock the first current account surplus in 17 years
The CAD, the gap between the country's overall foreign receipts and payments, is an important fa…
PTI
1 min read
Consumer confidence stays stable in RBI survey across 19 major cities
Households' assessment of current earnings reached its highest level since July 2019 and expectatio…