Reserve Bank of India

India’s economy grew at 7.2 per cent in 2022-23 driven by an expansion in the services sector and investments. Beating expectations, the country registered a GDP growth rate of 6.1 …

There was no panic, no serpentine queues or jostling in front of bank branches as the exercise to exchange Rs 2000 notes kicked off today following the Reserve Bank of …

Amid the ongoing political and economic crises in Pakistan, there are fears that there could be a further spike in Fake Indian Currency Notes (FICN) flowing in from across the …

Driven by rising geoeconomic uncertainties, the Reserve Bank of India (RBI) along with other central banks have embarked on a gold rush. India’s gold reserves, which were less than 600 …

The Reserve Bank of India (RBI) is closely monitoring the developments in the US, which could default in about a fortnight if the debt ceiling is not increased immediately. The …

The Economic Advisory Council to the Prime Minister (EAC-PM) is hopeful that India’s growth rate will be closer to 6.5 per cent even as the International Monetary Fund lowered the …

The hurriedly imposed sanctions by the US on Russia last year are now pinching the US. The move prompted countries such as India and China to aggressively promote their local …

With retail inflation finally slipping below the Reserve Bank of India’s threshold of 6 per cent to 5.66 per cent in March—the lowest since December 2021, all eyes are now …

With rising debt burden hitting the Global South hard, Finance Minister Nirmala Sitharaman, who is in the US to attend the spring meetings of the International Monetary Fund (IMF) and …

The Reserve Bank of India’s (RBI) surprise move to keep interest rates unchanged at 6.5 per cent has brought cheer to the industry as it indicated that the focus may …

Will India and Russia take the UAE route to give wings to the rupee-ruble payment mechanism? According to a report published by Mint, India will make payments in rupee to …

Shaktikanta Das, Governor, Reserve Bank of India (RBI) Das has been named the ‘Governor of the Year’ by Central Banking Awards for cementing critical reforms, overseeing world-leading payments innovation and …

The Reserve Bank of India (RBI) is closely monitoring the brewing banking crisis in the US after the collapse of Silicon Valley Bank and Signature Bank which have already impacted …

India’s economy grew at 4.4 per cent per cent for the October-December quarter of the current financial year, according to official figures released on Tuesday. The growth rate is in …

The Reserve Bank of India (RBI) has granted in-principle approval to 32 payment aggregators which include Amazon Pay, Google India Digital Services Pvt Ltd, Infibeam Avenues Ltd, Reliance Payment Solutions …

India’s annual inflation rate based on wholesale price index (WPI) fell to 4.73 per cent in January – lowest in 23 months thanks to lower food prices, especially vegetables. Prices …

Amid the rising global challenges impacting the food sector the most, India’s food inflation in December fell to 4.19 per cent – the lowest in the year and among the …

Shaktikanta Das, Governor, Reserve Bank of India has said India’s economic resilience continues to remain in tact though rising debt distress in South Asia is a cause for concern. In …

India’s policy makers will have reasons to cheer in the new year. The Reserve Bank of India’s data showed that credit growth to industry increased by 13.1 per cent year …

In a major victory for the Narendra Modi Government, the Supreme Court on Monday upheld the Centre’s decision in November 2016 to demonetise Rs 500 and Rs 1,000 currency notes. …

Even as the Reserve Bank of India trimmed India’s growth projections to 6.8 per cent from the earlier 7 per cent, the country’s consumption pattern is once again picking up …