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India To Pitch RBI Backed Cross-Border Digital Currencies For BRICS Payments: Report
India is proposing BRICS countries link up their central bank digital currencies for cross-border transactions, thereby reducing reliance on banks and cutting down on costs.
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India Posts Current Account Surplus Of $13.5 Billion In Q4FY25: RBI Data
India posted a current account surplus of USD 13.5 billion or 1.3 per cent of GDP in March quarter 2024-25 as compared with USD 4.6 billion in the year-ago period mainly on account of surge in services exports and higher remittances, according to RBI
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Economy Recovering From Slowdown Witnessed In 2nd Quarter: RBI Bulletin
The Indian economy is recovering from the slowdown in momentum witnessed in the September quarter, driven by strong festival activity and a sustained upswing in rural demand, according to a Reserve Bank of India (RBI) bulletin released on Tuesday.
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RBI Directs Banks To Activate Frozen Accounts With Special Campaigns
The Reserve Bank of India (RBI) has directed banks to take immediate steps to reduce the number of inoperative or frozen accounts and to make the activation process smoother and more hassle-free.
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RBI Ready To Counter Rupee Slide, Fund Outflow Post-US Election: Sources
India's central bank is well-equipped to deal with a potential sudden outflow of foreign funds and any steep fall in the rupee if Republican candidate Donald Trump wins next week's US presidential election, sources said.
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"We Aren't Police...": RBI Chief Day After 4 Firms Banned From Giving Loans
Reserve Bank Governor Shaktikanta Das on Friday said that the central bank does not act like a policeman, but it maintains tight vigil on financial market and takes regulatory action whenever necessary.
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RBI Asks Non-Banks To Stick To Rs 20,000 Loan Cash Payout Limit: Report
India's central bank has asked non-bank finance companies (NBFC) to strictly adhere to a cap of 20,000 rupees ($240) in cash loans, according to a letter seen by Reuters and two people aware of the development, in a bid to deter cash transactions.
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India To Be Fastest Growing Economy Despite Global Turbulence: RBI Governor
India is expected to be among the fastest growing major economies this fiscal, geopolitical turbulence notwithstanding, RBI Governor Shaktikanta Das opined at last month's meeting of the rate setting panel MPC.
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India To Pitch RBI Backed Cross-Border Digital Currencies For BRICS Payments: Report
India is proposing BRICS countries link up their central bank digital currencies for cross-border transactions, thereby reducing reliance on banks and cutting down on costs.
-
India Posts Current Account Surplus Of $13.5 Billion In Q4FY25: RBI Data
India posted a current account surplus of USD 13.5 billion or 1.3 per cent of GDP in March quarter 2024-25 as compared with USD 4.6 billion in the year-ago period mainly on account of surge in services exports and higher remittances, according to RBI
-
Economy Recovering From Slowdown Witnessed In 2nd Quarter: RBI Bulletin
The Indian economy is recovering from the slowdown in momentum witnessed in the September quarter, driven by strong festival activity and a sustained upswing in rural demand, according to a Reserve Bank of India (RBI) bulletin released on Tuesday.
-
RBI Directs Banks To Activate Frozen Accounts With Special Campaigns
The Reserve Bank of India (RBI) has directed banks to take immediate steps to reduce the number of inoperative or frozen accounts and to make the activation process smoother and more hassle-free.
-
RBI Ready To Counter Rupee Slide, Fund Outflow Post-US Election: Sources
India's central bank is well-equipped to deal with a potential sudden outflow of foreign funds and any steep fall in the rupee if Republican candidate Donald Trump wins next week's US presidential election, sources said.
-
"We Aren't Police...": RBI Chief Day After 4 Firms Banned From Giving Loans
Reserve Bank Governor Shaktikanta Das on Friday said that the central bank does not act like a policeman, but it maintains tight vigil on financial market and takes regulatory action whenever necessary.
-
RBI Asks Non-Banks To Stick To Rs 20,000 Loan Cash Payout Limit: Report
India's central bank has asked non-bank finance companies (NBFC) to strictly adhere to a cap of 20,000 rupees ($240) in cash loans, according to a letter seen by Reuters and two people aware of the development, in a bid to deter cash transactions.
-
India To Be Fastest Growing Economy Despite Global Turbulence: RBI Governor
India is expected to be among the fastest growing major economies this fiscal, geopolitical turbulence notwithstanding, RBI Governor Shaktikanta Das opined at last month's meeting of the rate setting panel MPC.
