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2 mins read
India likely to grow at 7.2% in FY25, says RBI deputy governor
India's rising working-age population and digital advancements are pivotal in this growth.
PTI
3 mins read
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…
1 min read
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
2 mins read
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
2 mins read
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
2 mins read
RBI MPC announcement today: Rates unlikely to change, RBI may change stance to neutral
The Reserve Bank of India (RBI) is set to conclude the three-day Monetary Policy Committee (MPC) me…
2 mins read
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…
4 mins read
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…
1 min read
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
2 mins read
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
2 mins read
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
3 mins read
RBI's monetary policy committee meeting begins today, announcement on October 9
The Reserve Bank of India (RBI) is set to begin its three-day monetary policy meeting on Monday and…
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, …
1 min read
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
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
3 mins read
RBI projects 7.2% GDP growth for FY25, CPI inflation to moderate at 4.5%
The Reserve Bank of India (RBI) has projected India's real GDP growth for FY25 at 7.2%, while CPI i…
2 mins read
Sensex revists 82,000-level as RBI changes monetary policy stance to 'neutral'
Benchmark BSE Sensex jumped over 550 points to revisit the 82,000-level in morning trade on Wednesd…
PTI
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
2 mins read
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
2 mins read
RBI unlikely to cut interest rate in 2024: SBI chief Setty
"On the rate front, a lot of central banks are taking independent calls. While Fed rate cut wou…