Reserve Bank of India

RBI projects GDP growth at 6.7% for FY26; Inflation in FY25 to remain at 4.8%RBI projects GDP growth at 6.7% for FY26; Inflation in FY25 to remain at 4.8%

RBI projects GDP growth at 6.7% for FY26; Inflation in FY25 to remain at 4.8%

The Reserve Bank of India on Friday has projected real GDP growth for FY25 at 6.4 per cent, expecting economic…

3 months ago
RBI likely to cut repo rate by 25 bps in Governor Sanjay Malhotra’s first policy moveRBI likely to cut repo rate by 25 bps in Governor Sanjay Malhotra’s first policy move

RBI likely to cut repo rate by 25 bps in Governor Sanjay Malhotra’s first policy move

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) is set to announce its first monetary policy…

3 months ago
RBI allows UPI access through prepaid payment instruments for full-KYC third-party applicationsRBI allows UPI access through prepaid payment instruments for full-KYC third-party applications

RBI allows UPI access through prepaid payment instruments for full-KYC third-party applications

The Reserve Bank of India has allowed UPI to enable payments from KYC Prepaid Payment Instruments (PPIs) through third-party UPI…

4 months ago
RBI sets up 8-member committee to recommend framework for ethical AI in financial sectorRBI sets up 8-member committee to recommend framework for ethical AI in financial sector

RBI sets up 8-member committee to recommend framework for ethical AI in financial sector

Reserve Bank of India has set up an eight-member committee, comprising experts from diverse fields, to recommend a Framework for…

4 months ago
Gender budgeting share in total expenditure rises to 6.8% from 4.5% in 2014, up 18.9% in FY25 (YoY): RBIGender budgeting share in total expenditure rises to 6.8% from 4.5% in 2014, up 18.9% in FY25 (YoY): RBI

Gender budgeting share in total expenditure rises to 6.8% from 4.5% in 2014, up 18.9% in FY25 (YoY): RBI

India has completed 20 years of implementing gender budgeting policies, with the share of the gender budget in the total…

4 months ago
Policy continuity, inclusion and innovation will be priority: Sanjay Malhotra RBI GovernorPolicy continuity, inclusion and innovation will be priority: Sanjay Malhotra RBI Governor

Policy continuity, inclusion and innovation will be priority: Sanjay Malhotra RBI Governor

After taking charge on Wednesday, Reserve Bank of India (RBI) Governor Sanjay Malhotra stated that policy continuity, inclusion and innovation…

5 months ago
Revenue Secretary Sanjay Malhotra appointed new RBI GovernorRevenue Secretary Sanjay Malhotra appointed new RBI Governor

Revenue Secretary Sanjay Malhotra appointed new RBI Governor

Sanjay Malhotra, currently serving as the revenue secretary at the Ministry of Finance, has been appointed as the new Governor…

5 months ago
India’s forex reserve touches fresh record high of USD 692.3 billionIndia’s forex reserve touches fresh record high of USD 692.3 billion

India’s forex reserve touches fresh record high of USD 692.3 billion

India's foreign exchange reserves scaled a new high of USD 692.296 billion, jumping by USD 2.838 billion in the week…

7 months ago
India’s Digital Public Infrastructure experience provides effective strategy for other central banks: RBI Gov DasIndia’s Digital Public Infrastructure experience provides effective strategy for other central banks: RBI Gov Das

India’s Digital Public Infrastructure experience provides effective strategy for other central banks: RBI Gov Das

Noting the success of Digital Public Infrastructure (DPI), the Reserve Bank of India (RBI) Governor Shaktikanta Das on Monday said…

8 months ago
India’s digital public infrastructure is transforming country’s economic landscape: RBIIndia’s digital public infrastructure is transforming country’s economic landscape: RBI

India’s digital public infrastructure is transforming country’s economic landscape: RBI

India's Digital Public Infrastructure (DPI), known as the India Stack, has emerged as a transformative force in the country's economic…

9 months ago
India’s forex reserves hit record USD 666.85 Billion, driven by surging gold and foreign currency assetsIndia’s forex reserves hit record USD 666.85 Billion, driven by surging gold and foreign currency assets

India’s forex reserves hit record USD 666.85 Billion, driven by surging gold and foreign currency assets

India's foreign exchange reserves have surged to a record high, reaching a new peak of USD 666.85 billion, according to…

10 months ago
India’s foreign exchange reserves surge to touch fresh peak of USD 657.2 billionIndia’s foreign exchange reserves surge to touch fresh peak of USD 657.2 billion

India’s foreign exchange reserves surge to touch fresh peak of USD 657.2 billion

There's no looking back for India's foreign exchange reserves as they yet again touched a fresh lifetime high. In the…

10 months ago
India to create a cross-border retail payment platform with four ASEAN countriesIndia to create a cross-border retail payment platform with four ASEAN countries

India to create a cross-border retail payment platform with four ASEAN countries

India has joined Project Nexus, a multilateral international initiative that aims to enable instant cross-border retail payments through interlinking payment…

10 months ago
India’s foreign exchange reserves touch fresh highs at USD 655.8 billionIndia’s foreign exchange reserves touch fresh highs at USD 655.8 billion

India’s foreign exchange reserves touch fresh highs at USD 655.8 billion

India's foreign exchange reserves jumped USD 4.307 billion to touch a new lifetime high of USD 655.817 billion during the…

11 months ago
RBI revises GDP growth for FY25 to 7.2 pc, inflation target remains at 4.5pcRBI revises GDP growth for FY25 to 7.2 pc, inflation target remains at 4.5pc

RBI revises GDP growth for FY25 to 7.2 pc, inflation target remains at 4.5pc

The RBI has revised the GDP forecast for the current FY 24-25 to 7.2 per cent from 7 per cent…

11 months ago

RBI enhances contingent reserve buffer to 6.5 pc amid positive economic outlook

The Reserve Bank of India (RBI) on Friday announced the enhancement of the Contingent Reserve Buffer from 6 per cent…

11 months ago

RBI Governor Shaktikanta Das unveils monetary policy: Repo rate unchanged at 6.5 per cent

Reserve Bank of India (RBI) Governor Shaktikanta Das said that Monetary Policy Committee (MPC) has decided to keep the policy…

11 months ago

RBI is working on expanding UPI to 20 countries by 2028-29: RBI Annual Report

The Reserve Bank of India (RBI) along with NPCI international payments ltd (NIPL) will work towards taking UPI to 20…

11 months ago

RBI’s Rs 2.11 lakh dividend provides near term support to fiscal performance: Fitch Ratings

The Rs 2.11 lakh all-time high dividend by Reserve Bank of India, will help the government in maintaining the fiscal…

11 months ago

RBI lists 6 factors powering India’s take-off to become world’s 3rd largest economy

While India’s recent growth performance has surprised many, triggering a flurry of upgrades from financial institutions such as the IMF,…

1 year ago

RBI Governor seeks better deal for retail customers in forex market

RBI Governor Shaktikanta Das on Monday emphasised the need to give retail customers a fair deal in foreign exchange markets…

1 year ago