RBI

Despite an uncertain and challenging global economic backdrop, the Indian economy remains a key driver of global growth — underpinned by sound macroeconomic fundamentals and prudent macroeconomic policies, RBI said …

Announcing the monetary policy on Friday from Mumbai, Reserve Bank of India (RBI) Governor Sanjay Malhotra announced that the MPC has decided to reduce the policy repo rate under the …

India’s real GDP is revised downwards to grow at 6.5 per cent in the current financial year 2025-26 from earlier expectation of 6.7 per cent, highlighted Reserve Bank of India …

The government is actively considering raising the deposit insurance scheme limit beyond Rs 5 lakh, said the secretary at the Department of Financial Services, M Nagaraju, on Monday. “As and …

RBI Governor Sanjay Malhotra has introduced an exclusive ‘.bank.in’ internet domain for Indian banks to combat financial fraud, along with stricter authentication protocols for digital transactions, while unveiling the Monetary …

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) is set to announce its first monetary policy under new Governor Sanjay Malhotra on Friday. Experts anticipate that …

The Reserve Bank of India has allowed UPI to enable payments from KYC Prepaid Payment Instruments (PPIs) through third-party UPI applications. It was initially announced by the Reserve Bank in …

As the world prepares to welcome a new year, fresh uncertainties have surfaced for global trade in the financial year 2026, according to the November monthly economic review by the …

Reserve Bank of India has set up an eight-member committee, comprising experts from diverse fields, to recommend a Framework for Responsible and Ethical Enablement of AI (FREE-AI) in the financial …

India has completed 20 years of implementing gender budgeting policies, with the share of the gender budget in the total expenditure rising to 6.8 per cent in 2024 from 4.5 …

Sanjay Malhotra, currently serving as the revenue secretary at the Ministry of Finance, has been appointed as the new Governor of Reserve Bank of India. This appointment is effective December …

With India experiencing strong economic growth, the Reserve Bank of India (RBI) is unlikely to announce any rate cuts in its upcoming monetary policy meeting, says a report from the …

India’s foreign exchange reserves scaled a new high of USD 692.296 billion, jumping by USD 2.838 billion in the week that ended on September 20, as per the data released …

RBI Governor Shaktikanta Das highlighted the delicate balancing act faced by the central bank in the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) meeting held from August 6 …

Breaching 5 per cent in June, the retail inflation rate in India softened drastically in July. According to data released by the Ministry of Statistics and Programme Implementation on Monday, …

India’s electronic produce has surged to 3 per cent of GDP in 2023-24, highlighted in the July 2024, monthly bulletin of the Reserve Bank of India (RBI). The bulletin also …

Union Minister Piyush Goyal on Thursday highlighted the success the government has had in job creation in its tenure. The Minister was speaking in the context of the RBI KLEMS …

India has joined Project Nexus, a multilateral international initiative that aims to enable instant cross-border retail payments through interlinking payment systems of various countries. Nexus was conceptualised by the Innovation …

Reserve Bank of India (RBI) Governor Shaktikanta Das said that Monetary Policy Committee (MPC) has decided to keep the policy repo rate unchanged at 6.5 per cent as retail inflation …

The Reserve Bank of India (RBI) along with NPCI international payments ltd (NIPL) will work towards taking UPI to 20 countries by FY29. RBI Annual report says possibilities will be …

The RBI announced on Thursday that conversational payments on UPI will be introduced soon, which will allow users to engage in natural language conversations with an AI-driven system to carry …