Reserve Bank of India

Will UAE resolve the rupee-ruble payments problem as India-Russia trade zooms?

Will India and Russia take the UAE route to give wings to the rupee-ruble payment mechanism? According to a report…

1 year ago

RBI chief Shaktikanta Das wins Governor of the Year honour

Shaktikanta Das, Governor, Reserve Bank of India (RBI) Das has been named the ‘Governor of the Year’ by Central Banking…

1 year ago

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…

1 year ago

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…

1 year ago

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…

1 year ago

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…

1 year ago

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…

1 year ago

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…

1 year ago

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…

1 year ago

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…

1 year ago

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…

1 year ago

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…

1 year ago

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 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 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 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 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,…

2 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…

2 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…

2 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…

2 years ago