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You Searched For "RBI inflation FY24" and got 20 results


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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…

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Household consumption to surge in Q2 as inflation eases, rural demand revives

Rural areas are witnessing a revival in demand, with increased purchases of fast-moving consumer go…

ANI   


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India's retail inflation eases further in May; here's what experts say

Annual retail inflation in May was at a 12-month low of 4.75 per cent, marginally down from 4.83 pe…

ANI   


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RBI likely to transfer ₹1 trillion to government in FY25

The Reserve Bank of India (RBI) is likely to transfer approximately Rs 1000 billion to the governme…

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6 mins read

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…

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ICRA forecasts slowdown in India's economy: GDP growth expected to hit six-quarter low in Q1 FY2025

In a rather dampened forecast for the Indian economy, ICRA has forecast a sharp slowdown in India's…

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Amid declining retail inflation, wholesale inflation in India moderates to 2.04% in July

In line with the moderation in retail inflation, wholesale inflation in India too witnessed a sharp…

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Inflation declines to five-year low of 3.54% in Jul: Govt data

The last time inflation was below 4 per cent was in September 2019. The government has tas…

PTI   


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4 mins read

RBI revises India’s FY24 growth outlook, expects softer inflation on the back of lower commodity prices

The Reserve Bank of India on Thursday revised India’s economic growth outlook upwards, expecting a …

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3 mins read

RBI hikes GDP growth projection for FY24 to 7.3%, keeps rates, stance unchanged

The Reserve Bank of India (RBI)’s rate setting panel – the Monetary Policy Committee – has decided …

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Rupee rises 11 paise to 83.84 against US dollar in early trade

At the interbank foreign exchange, the rupee opened at 83.88 against the greenback, then gained…

PTI   


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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   


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Lower money creation by RBI, substantial rise in banks profits behind decline in loan-to-deposits ratios in banks: Nomura

One of the contributors to the decline in systemic LDR is the lower net money creation by the RBI o…

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Rupee rises 9 paise to close at 83.30/USD post-RBI policy decision

The rupee appreciated 9 paise to close at 83.30 (provisional) against the US dollar as the Reserve …

PTI   


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Bangladesh's inflation spikes to 12-year high to 11.66% in July, amid widespread anti-quota protests

The previous high of the general inflation rate was 9.94% last May, the report said. July was marke…

PTI   


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Gold loan market projected to double in 5 years to Rs 14.19 lakh crore, says PwC India's report

Lenders are also expected to implement cost optimisation initiatives that will help drive up the bo…

PTI   


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Daily digital transactions in India via UPI equivalent to population of EU, highlights PM Modi

In the first 20 days of August alone, India recorded a staggering 9,840.14 million UPI transactions…

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CPI inflation drops to lowest in five years but road ahead could be bumpy: SBI Report

India's CPI inflation dropped to 3.54% in July 2024, the lowest in nearly five years, due to a sign…

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We want the elephant of inflation to walk back to the forest: Shaktikanta Das

The Indian central bank’s rate-setting panel, the Monetary Policy Committee (MPC), kept the repo ra…

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3 mins read

SBI report dismisses bank deposit concerns as a 'Statistical Myth'

As Finance Minister Nirmala Sitharaman hold a review meeting with heads of Public Sector Banks and …

ANI