Reserve Bank of India

Team India reposes confidence in RBI amid US banking turmoilTeam India reposes confidence in RBI amid US banking turmoil

Team India reposes confidence in RBI amid US banking turmoil

The Reserve Bank of India (RBI) is closely monitoring the brewing banking crisis in the US after the collapse of…

2 years ago
India’s economy clocks 4.4% growth in Oct-Dec, expected to touch 7% for full yearIndia’s economy clocks 4.4% growth in Oct-Dec, expected to touch 7% for full year

India’s economy clocks 4.4% growth in Oct-Dec, expected to touch 7% for full year

India's economy grew at 4.4 per cent per cent for the October-December quarter of the current financial year, according to…

2 years ago
RBI gives nod to 32 more firms to operate as payment aggregatorsRBI gives nod to 32 more firms to operate as payment aggregators

RBI gives nod to 32 more firms to operate as payment aggregators

The Reserve Bank of India (RBI) has granted in-principle approval to 32 payment aggregators which include Amazon Pay, Google India…

2 years ago
India’s WPI inflation falls to 4.73%, lowest in 23 monthsIndia’s WPI inflation falls to 4.73%, lowest in 23 months

India’s WPI inflation falls to 4.73%, lowest in 23 months

India’s annual inflation rate based on wholesale price index (WPI) fell to 4.73 per cent in January – lowest in…

2 years ago
India’s food inflation amongst lowest in the worldIndia’s food inflation amongst lowest in the world

India’s food inflation amongst lowest in the world

Amid the rising global challenges impacting the food sector the most, India’s food inflation in December fell to 4.19 per…

2 years ago
RBI Governor says India’s economy resilient but no room for complacencyRBI Governor says India’s economy resilient but no room for complacency

RBI Governor says India’s economy resilient but no room for complacency

Shaktikanta Das, Governor, Reserve Bank of India has said India's economic resilience continues to remain in tact though rising debt…

2 years ago
Bank loans to industry pick up paceBank loans to industry pick up pace

Bank loans to industry pick up pace

India’s policy makers will have reasons to cheer in the new year. The Reserve Bank of India’s data showed that…

2 years ago
In major victory for Modi Govt, Supreme Court upholds 2016 decision to ban Rs 500 & Rs 1000 notesIn major victory for Modi Govt, Supreme Court upholds 2016 decision to ban Rs 500 & Rs 1000 notes

In major victory for Modi Govt, Supreme Court upholds 2016 decision to ban Rs 500 & Rs 1000 notes

In a major victory for the Narendra Modi Government, the Supreme Court on Monday upheld the Centre’s decision in November…

2 years ago
India’s consumption gathers steam in post Covid phase amid global slowdownIndia’s consumption gathers steam in post Covid phase amid global slowdown

India’s consumption gathers steam in post Covid phase amid global slowdown

Even as the Reserve Bank of India trimmed India’s growth projections to 6.8 per cent from the earlier 7 per…

2 years ago
RBI hikes rates, reduces GDP growth forecastRBI hikes rates, reduces GDP growth forecast

RBI hikes rates, reduces GDP growth forecast

The Reserve Bank of India (RBI) today hiked the repo rate – the rate at which banks borrow from the…

2 years ago
With RBI’s aggressive gold buying, India now holds 9th largest yellow metal reserveWith RBI’s aggressive gold buying, India now holds 9th largest yellow metal reserve

With RBI’s aggressive gold buying, India now holds 9th largest yellow metal reserve

Is the Reserve Bank of India slowing down its gold purchase? In August, RBI’s gold purchase was much lower after…

2 years ago
Dalal Street takes RBI rate hike in its strideDalal Street takes RBI rate hike in its stride

Dalal Street takes RBI rate hike in its stride

Notwithstanding the Reserve Bank of India’s (RBI) decision to increase the repo rate—the rate at which banks from the central…

2 years ago
RBI hikes interest rates to contain inflationRBI hikes interest rates to contain inflation

RBI hikes interest rates to contain inflation

The Reserve Bank of India (RBI) in its Monetary Policy Committee (MPC) meeting has further hiked the repo rate –…

2 years ago
Inflation expected to ease as global oil prices dip, focus is now on growthInflation expected to ease as global oil prices dip, focus is now on growth

Inflation expected to ease as global oil prices dip, focus is now on growth

India is expected to shift its focus back on economic growth even as inflation inched upward touching the uncomfortable 7…

2 years ago
ADB pegs India’s growth rate at 7%, China’s at 3.3% for this yearADB pegs India’s growth rate at 7%, China’s at 3.3% for this year

ADB pegs India’s growth rate at 7%, China’s at 3.3% for this year

The Asian Development Bank (ADB) in its latest economic update has pegged India’s GDP growth rate at 7 per cent,…

2 years ago

RBI move to allow global trade payments in rupees will bolster India’s exports to Russia, Sri Lanka, Iran

<p> The Reserve Bank of India has allowed payments for exports and imports between India and other countries in rupees,…

3 years ago

Get ready to pay higher EMIs on home & car loans as RBI hikes repo rate by 0.5%

<p> <strong>Your home and car loans would turn dearer as the Reserve Bank of India (RBI) on Wednesday raised the…

3 years ago

With an eye on inflation, RBI unexpectedly increases policy rates, repo rate now at 4.4%

<p> <strong>Amid increasing inflation, the Reserve Bank of India unexpectedly hiked policy rates by 40 basis points to 4.4 per…

3 years ago

RBI lowers India’s growth projection to 7.2% from 7.8%, focus now shifts to managing inflation

<p> <strong>The Reserve Bank of India (RBI) has lowered India's GDP growth rate for the current financial year to 7.2…

3 years ago

India looking at currency swap option to help exporters as Sri Lanka plunges into forex crisis

<p> <strong>With the deepening of Sri Lanka’s foreign exchange crisis, India could look at coming out with a currency swap…

3 years ago

India needs to continue with low interest rate to ensure economy picks up on a sustained basis: Industry body

<p> <strong>India should continue with an accommodative interest rate stance, as long as necessary, to ensure a sustained pick up…

3 years ago