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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   


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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   


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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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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   


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Retail inflation expected to breach 6% mark in October, says UBI Report

The continued spurt in food prices and fading of the high base effect likely led to a spike in Octo…

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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…

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SBI economists see Q2 GDP growth slowing down to 6.5%; FY25 growth to be closer to 7%

Economists at SBI predict a dip in India's GDP growth to 6.5% for the September quarter, citing pre…

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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   


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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   


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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…

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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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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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High food prices raise concerns but improved monsoon offers hope for RBI: SBI report

Volatility in prices of food items like tomatoes, onions, and potatoes has challenged India's Monet…

ANI   


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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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You can let your family members use your UPI account for payments, RBI introduces delegate payments

The Reserve Bank of India announced a new feature called delegated payments, enabling users to auth…

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RBI MPC meet – Cheque clearing time reduced, UPI limit increased for tax payment

Reserve Bank of India (RBI) Governor Shaktikanta Das at the Monetary Policy Committee (MPC) meeting…

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RBI likely to keep interest rate unchanged at 6.5%, say experts

Reserve Bank of India (RBI) is likely to keep the key interest unchanged at 6.5% on Thursday, and w…

PTI   


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RBI to act early to prevent any risk to India's fastest growth potential: Guv Shaktikanta Das

Reserve Bank Governor Shaktikanta Das on Thursday said India is one of the fastest growing major ec…

PTI   


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RBI governor asks realty companies to stress test their books

The governor of Reserve Bank of India (RBI) Shatikanta Das said on Wednesday that the recent measur…

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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