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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…
Fundamental drivers of economy gaining momentum, India on sustainable growth path: RBI Governor Das
In the inaugural address at FIBAC 2024, the governor said that massive changes are taking shape in …
PTI
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…
ANI
Gold medalist in central bank Olympics-All you need to know about RBI governor Shaktikanta Das
EU's Christine Lagarde, Cambodia's Chea Serey and Sweden's Erik Thedéen were amongst those receivin…
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
RBI MPC Meet: Repo rates unchanged at 6.5%, inflation moderating, albeit slowly
MPC decided, by a majority of 4:2 members, that the repo rate will be left unchanged at 6.5%. Thi…
Credit growth in banks continues to exceed deposits, says new SBI report
The State Bank of India reported that credit growth in Indian banks has been consistently outpacing…
ANI
RBI can't ignore food inflation while setting rates, will wait for NSO to review CPI weightage: Das
"The MPC (monetary policy committee) may look through high food inflation if it is transitory; …
PTI
Surge in top-up housing loans not system-wide issue, says RBI Governor
Such cases are being dealt at the supervisory level bilaterally, he said. "Such practice…
PTI
RBI sees a positive shift in FPI's flows in the domestic market, $9.7 bn from June till August 6
Governor Das said, "On the external financing side, foreign portfolio investors turned net buyers i…
ANI
RBI Governor Shaktikanta Das projects 7.2% GDP growth for 2024-25, reports eased inflation to 5.1% in June
RBI Governor Shaktikanta Das says inflation will moderate from July onwards as the monsoon has impr…
ANI
RBI to set up public repository of digital lending apps to check unauthorised players
In a post-monetary policy review address, RBI Governor Shaktikanta Das said the central bank has ta…
PTI
Risk-based premium for deposit insurance merits consideration: RBI Deputy Governor Swaminathan
Speaking at a conference in Jaipur, Swaminathan also said that as the financial sector becomes more…
PTI
India's forex reserves at record high of USD 675 billion, external sector resilient: RBI Governor Shaktikanta Das
The previous all-time high for the kitty was USD 670.857 billion on July 19 this year, and the last…
PTI
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
Household savings are choosing mutual funds over banks to invest savings: RBI Governor
The households are choosing the capital markets over the banks to park or invest their savings, hig…
ANI
Monetary Policy Committee keeps repo rate unchanged at 6.5%, confirms RBI governor Shaktikanta Das
The Indian central bank’s rate-setting panel, the Monetary Policy Committee (MPC), has kept the rep…
RBI to focus on disinflation, food inflation sticky to core, note RBI's MPC minutes
The fiftieth meeting, conducted under Section 45ZB of the RBI Act, 1934, ended with the decision to…
ANI
India’s economic growth expectedly slows to 6.7% in Q1 — lowest in the last five quarters
India's GDP growth slowed to a 15-month low of 6.7% in the first quarter of FY 2024-25 due to weake…
RBI Governor Das discusses ways to scale up UPI ecosystem with stakeholders
Das held a meeting on Wednesday with major stakeholders in the UPI ecosystem - banks, NPCI, thi…