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2 mins read

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…

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1 min read

India's forex kitty rises by $6.40 billion to $642.50 billion

India's forex reserves increased by USD 6.396 billion to USD 642.492 billion for the week ended Mar…

PTI   


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2 mins read

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…

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6 mins read

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, …

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3 mins read

Disclose all details in possession, including the Electoral Bonds' unique alphanumeric numbers: SC to SBI

The Supreme Court on Monday directed the State Bank of India (SBI) to disclose all details in its p…

ANI   


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1 min read

SBI can't be selective, has to disclose electoral bond numbers: SC

The Supreme Court on Monday said the State Bank of India (SBI) can't be selective and has to disclo…

PTI   


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4 mins read

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   


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2 mins read

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   


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1 min read

Forex reserves jump $1.63 billion to $618.9 billion

India's forex reserves jumped USD 1.634 billion to USD 618.937 billion for the week ended January 1…

PTI   


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2 mins read

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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3 mins read

Not just Fed, but central banks of these countries also tinkered with rate cuts this week

The US Federal Reserve cut interest rates by 50 basis points, causing global markets to surge. Cent…

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2 mins read

After UPI, RBI set to launch Unified Lending Interface (ULI) for friction-less credit

The ULI platform facilitates a seamless and consent-based flow of digital information, including ev…

ANI   


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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…

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2 mins read

RBI mandates banks to set up committees for inspection of fraud cases after the SC ruling

As per the revised directions of Reserve Bank of India (RBI), the lenders have to issue a detailed …

ANI   


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3 mins read

Rise seen in financial inclusion index, jobs in the country, notes RBI

Improvement in FI-Index is mainly contributed by usage dimension, which further reflect deepening o…

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2 mins read

Domestic GDP growth on firm footing, growth slightly revised upwards: SBI study

Country's largest commercial lender State Bank of India (SBI) said that domestic GDP growth is now …

PTI   


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1 min read

India's forex reserves jump USD 4.3 billion, hit new all-time high of USD 655.8 billion

India's forex reserves jumped USD 4.307 billion to a new all-time high of USD 655.817 billion for t…

PTI   


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1 min read

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   


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1 min read

Electoral bonds: SC issues notice to SBI, says bond numbers not disclosed

The Supreme Court said on Friday that the State Bank of India (SBI) should have disclosed the uniqu…

PTI   


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4 mins read

Electoral bonds: What are they? What does the newly-released data reveal? Would it make an impact?

The ruling party receiving such a disproportionate share of the electoral bonds has raised many eye…