Reserve Bank of India

Indian SCBs clock highest-ever net profit at Rs 23.50 lakh cr in FY24, reduce NPAs
Business

Indian SCBs clock highest-ever net profit at Rs 23.50 lakh cr in FY24, reduce NPAs

The gross non-performing asset (NPA) ratio for scheduled commercial banks (SCBs) have improved significantly with a reduction to 2.67 per…
RBI, Finance Ministry coordination at its best, says Shaktikanta Das
News

RBI, Finance Ministry coordination at its best, says Shaktikanta Das

The Reserve Bank of India and the Finance Ministry have been on “best terms with excellent coordination and cooperation” over…
RBI slashes cash reserve ratio by 0.5 pc to spur growth, leaves repo rate unchanged
Business

RBI slashes cash reserve ratio by 0.5 pc to spur growth, leaves repo rate unchanged

The Reserve Bank of India (RBI) on Friday slashed the cash reserve ratio (CRR) for banks by 0.5 per cent…
3-day RBI MPC meet begins to balance strong economic growth with inflation
Business

3-day RBI MPC meet begins to balance strong economic growth with inflation

The three-day Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) meeting began on Wednesday, as the central bank seeks…
Indian economy capable of handling global shocks: RBI Governor
Business

Indian economy capable of handling global shocks: RBI Governor

Reserve Bank of India (RBI) Governor Shaktikanta Das has said that the Indian economy is strong enough to handle any…
60 pc gold reserves held domestically, up over 102 tonnes in April-Sep: RBI data
Business

60 pc gold reserves held domestically, up over 102 tonnes in April-Sep: RBI data

As gold prices continue to surge amid geo-political tensions, the Reserve Bank of India (RBI) had 854.73 metric tonnes of…
Cash transactions decline rapidly in India as digital payments surge: RBI economist
Business

Cash transactions decline rapidly in India as digital payments surge: RBI economist

In the last three years, digital transactions have surged in such a fashion in India that cash usage, which still…
Not complacent amid rapidly evolving global conditions: Shaktikanta Das
Business

Not complacent amid rapidly evolving global conditions: Shaktikanta Das

As the Indian economy continues to present a picture of stability and strength, the Reserve Bank of India (RBI) Governor…
Increasing UPI 123Pay, UPI Lite limits to benefit more users
Business

Increasing UPI 123Pay, UPI Lite limits to benefit more users

The Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday announced an increase in pre-transaction limits for UPI 123Pay…
RBI retains repo rate at 6.5 pc, FY25 growth at 7.2 pc
Business

RBI retains repo rate at 6.5 pc, FY25 growth at 7.2 pc

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) on Wednesday decided to maintain the status quo on the…
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