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3 mins read
RBIs MPC meet concludes today: Repo rate left unchanged at 6.5%
Treading along expected lines, RBI rate-setting panel left the repo rate unchanged at 6.5% for the …
2 mins read
India handled inflation much better than US, Germany and France: SBI Report
India has demonstrated a largely successful inflation-targeting regime compared to advanced economi…
ANI
2 mins read
RBI slaps fine of Rs 2.91 crore on Axis Bank and HDFC Bank: All details
The Reserve Bank of India has fined Axis Bank and HDFC Bank a total of ₹2.91 crore for regulatory l…
2 mins read
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
2 mins read
India to triple its electronic production by 2025-26, says RBI
India's electronic produce has surged to 3% of GDP in 2023-24, highlighted the July 2024 monthly bu…
ANI
2 mins read
Rural economy is driving India's growth, Govt capex in infra will stimulate it: Anand Rathi report
The Rural economy of India has emerged as a significant driver of economic growth, outpacing urban …
ANI
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…
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
SLBCs can play effective role in financial inclusion by better coordination with govt, NGOs: RBI DG
Deepening financial inclusion is not merely about increasing the number of bank accounts but about …
PTI
3 mins read
Unemployment among Indian youth is high, but it is transient: RBI MPC member
Ashima Goyal addressed the transient nature of youth unemployment in India, highlighting a shift to…
PTI
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
1 min read
Stable, strong financial system to act as bedrock for economic progress: RBI Governor
Reserve Bank Governor Shaktikanta Das on Monday said the endeavour of the central bank would be to …
PTI
2 mins read
Corp affairs ministry probing Chinese cos linked to loan apps; investigations at advanced stages
The corporate affairs ministry is probing various Chinese companies, especially those with links to…
PTI
2 mins read
Rupee could slide to 82 as a strengthening dollar is nullifying RBI efforts
Rupee has been extremely volatile this year despite the Reserve Bank of India efforts to keep it fr…
1 min read
RBI issues guidelines to trace customers with inoperative accounts, unclaimed deposits
The central bank called for steps to trace the customers of inoperative accounts or unclaimed depos…
ANI
1 min read
RBI asks NBFCs to broad-base fundraising, reduce dependence on banks
The Reserve Bank on Wednesday asked non-bank finance companies to broad-base their fundraising to l…
PTI
1 min read
Rs 2,000 notes worth Rs 10,000 crore left in system: RBI Governor
"Rs 2,000 notes are coming back and only Rs 10,000 crore is left in the system. The expectation…
PTI
2 mins read
We’d like to curtail consumption-led loans with no clear end use: RBI Dy Governor
“The loans in the under ₹50,000 segments is less than half a percent of total outstanding. The…
2 mins read
RBI's vigilance: New consumer credit norms to bolster India's financial stability amidst surging loan growth
In a proactive move aimed at mitigating potential systemic risks associated with the rapid growth o…
ANI
2 mins read
RBI makes more efforts to take Rupee international with new framework
The Reserve Bank of India (RBI) on Monday announced an additional framework for invoicing, payment,…