Reserve Bank of India

India-UK FTA to help multiple sectors of Indian economy: RBI Governor
Business

India-UK FTA to help multiple sectors of Indian economy: RBI Governor

The India-UK Free Trade Agreement (FTA) should help various sectors in the country, including manufacturing and the services industry, Reserve…
Policymakers need to be vigilant of evolving global crude price dynamics impact: RBI
Business

Policymakers need to be vigilant of evolving global crude price dynamics impact: RBI

While active government intervention has contained spillover to domestic oil prices, policymakers need to be vigilant and cautious of the…
India’s gold reserves rise by $342 million, forex stands at $699.736 billion: RBI
Business

India’s gold reserves rise by $342 million, forex stands at $699.736 billion: RBI

The country’s gold reserves grew by $342 million during the week, reaching $84.846 billion, according to the latest weekly data…
RBI imposes penalties on two co-operative banks for regulatory violations
Business

RBI imposes penalties on two co-operative banks for regulatory violations

The Reserve Bank of India (RBI) on Monday imposed monetary penalties on two co-operative banks for failing to comply with…
India clocks current account surplus of $13.5 billion in Jan-March quarter
Business

India clocks current account surplus of $13.5 billion in Jan-March quarter

India recorded a current account surplus of $13.5 billion, constituting 1.3 per cent of GDP, in the fourth quarter of…
RBI extends trading hours for call money and repo markets from July 1
Business

RBI extends trading hours for call money and repo markets from July 1

The Reserve Bank of India (RBI) on Wednesday announced that it will extend the trading hours for the call money…
FM Sitharaman to meet PSU bank chiefs on June 27 to review performance, boost lending
News

FM Sitharaman to meet PSU bank chiefs on June 27 to review performance, boost lending

Following a sharp interest rate cut by the Reserve Bank of India (RBI), Finance Minister Nirmala Sitharaman will meet the…
India inflation to average 4 pc this fiscal, one more RBI rate cut likely: Crisil
Business

India inflation to average 4 pc this fiscal, one more RBI rate cut likely: Crisil

Given the current inflation trajectory, headline inflation is projected to average 4 per cent this fiscal (FY26), from 4.6 per…
Lending rates likely to fall by 30 bps after policy rate cut: SBI
Business

Lending rates likely to fall by 30 bps after policy rate cut: SBI

Lending rates are expected to drop by about 30 basis points (bps) after the recent cut in policy rates, according…
RBI urged to tighten banking norms after ICICI employee’s multi-crore FD fraud
Business

RBI urged to tighten banking norms after ICICI employee’s multi-crore FD fraud

In wake of revelations that a female employee of ICICI Bank illegally withdrew crores of rupees from more than 100…
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