Reserve Bank of India

RBI gives banks more time to roll out quicker cheque clearance in phase 2
News

RBI gives banks more time to roll out quicker cheque clearance in phase 2

The Reserve Bank of India (RBI) announced on Wednesday that it has postponed the implementation of Phase 2 of the…
Indian rupee stable in real effective terms, forex reserves adequate: RBI
Business

Indian rupee stable in real effective terms, forex reserves adequate: RBI

In real effective terms, the Indian rupee remained stable in November, as depreciation of the INR in nominal effective terms…
Indian rupee rises for 2nd session amid RBI interventions
Business

Indian rupee rises for 2nd session amid RBI interventions

The Indian rupee rose for the second consecutive session on Monday from new lows amid continuous intervention by the Reserve…
RBI likely to pause rate cuts amid new CPI series unless growth falters
Business

RBI likely to pause rate cuts amid new CPI series unless growth falters

Unless there is a serious crumbling of growth dynamics, the current interest‑rate cut cycle of the Reserve Bank of India…
RBI’s central board deliberates on domestic and global economic situations
News

RBI’s central board deliberates on domestic and global economic situations

The Reserve Bank of India’s (RBI) central board, on Friday, deliberated on the state of the local and international economies…
RBI announces second tranche of OMO buys valued at Rs 50,000 crore
News

RBI announces second tranche of OMO buys valued at Rs 50,000 crore

The Reserve Bank of India (RBI), on Friday, announced that it will carry out the second round of Open Market…
India’s forex reserves up by $1.03 billion to $687.26 billion, gold reserves jump
Business

India’s forex reserves up by $1.03 billion to $687.26 billion, gold reserves jump

India’s foreign exchange reserves went up by nearly $1.03 billion to $687.26 billion for the week ending on December 5,…
RBI governor urges banks to lower intermediation costs, improve efficiency
Business

RBI governor urges banks to lower intermediation costs, improve efficiency

The Reserve Bank of India (RBI) Governor Sanjay Malhotra has urged Managing Directors and Chief Executive Officers of public and…
‘RBI’s guidelines for bank groups balance structural strengthening with business flexibility’
Business

‘RBI’s guidelines for bank groups balance structural strengthening with business flexibility’

The Reserve Bank of India’s guidelines on commercial banks’ financial services businesses permitting overlapping lending activities within bank groups averted…
Centre, RBI protecting citizens from exploitation by unauthorised loan apps: Sitharaman
Technology

Centre, RBI protecting citizens from exploitation by unauthorised loan apps: Sitharaman

The government and the Reserve Bank of India (RBI) have launched various initiatives, from time to time, to protect citizens…
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