Reserve Bank of India

RBI may go for 1 more rates cut; GST reform and festive spending to boost growth
Business

RBI may go for 1 more rates cut; GST reform and festive spending to boost growth

The Reserve Bank of India (RBI) is likely to go for one more rate cut in the coming months as…
RBI proposes easier rules for companies to raise foreign currency loans
Business

RBI proposes easier rules for companies to raise foreign currency loans

The Reserve Bank of India (RBI) on Friday released draft rules to make it easier for Indian companies to raise…
Banks to clear cheques on same day from Oct 4 over RBI guidelines
Business

Banks to clear cheques on same day from Oct 4 over RBI guidelines

Private banks, including HDFC Bank and ICICI Bank, have informed that they will start same-day cheque clearance from October 4,…
RBI’s move to bolster rupee trade aims to reduce dominance of US dollar
Business

RBI’s move to bolster rupee trade aims to reduce dominance of US dollar

The Reserve Bank’s (RBI) measures to promote the internationalisation of the rupee, announced on Wednesday, are aimed at reducing the…
RBI rolls out more steps to internationalise the rupee
Business

RBI rolls out more steps to internationalise the rupee

The Reserve Bank of India (RBI) on Wednesday announced more measures to facilitate wider use of the Indian Rupee and…
Shirish Chandra Murmu appointed RBI Deputy Governor
News

Shirish Chandra Murmu appointed RBI Deputy Governor

The Union government on Monday appointed Shirish Chandra Murmu as a Deputy Governor of the Reserve Bank of India for…
RBI may intervene to manage rupee volatility
Business

RBI may intervene to manage rupee volatility

As the Indian rupee fell below the 88 mark against the US dollar amidst tariff concerns and FII outflows, Reserve…
RBI urges banks to step up efforts to return crores in unclaimed deposits
Business

RBI urges banks to step up efforts to return crores in unclaimed deposits

The Reserve Bank of India (RBI) has urged banks to intensify efforts to identify and return unclaimed deposits of over…
GST reforms can further lower inflation, allow RBI to cut repo rate by another 25 bp this year
News

GST reforms can further lower inflation, allow RBI to cut repo rate by another 25 bp this year

The GST tax rate cuts can further lower inflation if companies pass on all benefits to the consumers, allowing the…
SBI asks RBI to allow banks to finance acquisitions
Business

SBI asks RBI to allow banks to finance acquisitions

State Bank of India (SBI), the country’s largest lender, has requested the Reserve Bank of India (RBI) to allow banks…
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