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Indian Economy Likely Grew 6.8-7% In Quarter 1, Higher Than RBI's Estimate: SBI Report
The Indian economy may have registered a strong growth rate of around 6.8 per cent to 7 per cent in the first quarter of the current financial year, significantly higher than the Reserve Bank of India's estimate of 6.5 per cent.
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India Panel Cites US Tariffs As Growth Risk, Sees Mild Inflation
India's monetary policy committee members flagged evolving risks from global trade tensions and tariffs as a key drag on growth but said the economy remains resilient with the inflation outlook benign.
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No More 2-Day Wait, RBI's New Rules To Ensure Cheque Clearance Within Hours
Bank customers will no longer have to wait two working days for cheque deposits to clear. Starting October 4, the Reserve Bank of India (RBI) will implement a faster settlement system promising funds in only a few hours.
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23% Of Total 56.04 Crore PM Jan Dhan Accounts Remain Inactive
As many as 23 per cent of the total 56.04 crore Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts are inoperative, Minister of State for Finance Pankaj Chaudhary said on Monday.
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Banks To Clear Cheques Within Few Hours From October 4: RBI
The RBI will introduce a new mechanism from October 4 for clearance of cheques within hours of being presented to banks, reducing the current time period of up to two working days.
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RBI Panel Proposes Fund To Build Homegrown AI Framework For Finance Sector
A Reserve Bank of India committee has recommended a framework for developing AI capabilities for the country's financial sector, while safeguarding it against associated risks, according to a report released on Wednesday.
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2.17 Lakh Fake Currency Notes Detected In Financial Year 2024-25: Government
As many as 2.17 lakh pieces of fake notes of various denominations were detected during 2024-25 compared to 2.23 lakh such notes in the previous year, Parliament was informed on Monday.
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"India Doing Very Well": RBI Governor On Trump's "Dead Economy" Jibe
The Indian economy is "doing very well" and contributing more to global growth than the US, Reserve Bank Governor Sanjay Malhotra said on Wednesday, days after US President Donald Trump's remark of India being a dead economy.
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RBI Rate Unchanged, 6.5% GDP Outlook Counters Trump's "Dead Economy" Jibe
The Reserve Bank of India (RBI) has kept its repo rate unchanged at 5.5% as the rupee remains under pressure due to US President Donald Trump's tariff threat.
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Unclaimed Deposits With Banks Stand At Rs 67,003 Crore: Minister
Unclaimed deposits with banks, including private lenders, stood at Rs 67,003 crore at the end of June 2025, Parliament was informed on Monday.
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Bank Holiday Today: Are Banks Open Or Closed On July 26? Check Here
Banks across India will remain closed today, in accordance with the Reserve Bank of India (RBI) holiday calendar. This is because it is the fourth Saturday of the month.
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"More Such Pacts With Other Countries": RBI Governor On UK Free Trade Deal
Reserve Bank Governor Sanjay Malhotra on Friday welcomed the signing of the free trade agreement with the UK, saying it will help multiple sectors of the Indian economy.
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Reserve Bank of India Hiring Liaison Officers With Salary Up To Rs 2.73 Lakh Per Month
RBI Recruitment 2025: Candidates will be shortlisted through preliminary screening, followed by document verification and a personal interview.
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SBI To Report Anil Ambani To RBI, Classify RCom Account As Fraud
The State Bank of India (SBI) has decided to report the loan account of Reliance Communications as "fraud" in a case dating back to August 2015, the company said in an exchange filing.
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India's Forex Reserves Rise $2.29 Billion To $698.95 Billion
India's forex reserves rose USD 2.294 billion to USD 698.95 billion for the week ended June 13, the RBI said on Friday.
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Indian Economy Likely Grew 6.8-7% In Quarter 1, Higher Than RBI's Estimate: SBI Report
The Indian economy may have registered a strong growth rate of around 6.8 per cent to 7 per cent in the first quarter of the current financial year, significantly higher than the Reserve Bank of India's estimate of 6.5 per cent.
-
India Panel Cites US Tariffs As Growth Risk, Sees Mild Inflation
India's monetary policy committee members flagged evolving risks from global trade tensions and tariffs as a key drag on growth but said the economy remains resilient with the inflation outlook benign.
-
No More 2-Day Wait, RBI's New Rules To Ensure Cheque Clearance Within Hours
Bank customers will no longer have to wait two working days for cheque deposits to clear. Starting October 4, the Reserve Bank of India (RBI) will implement a faster settlement system promising funds in only a few hours.
-
23% Of Total 56.04 Crore PM Jan Dhan Accounts Remain Inactive
As many as 23 per cent of the total 56.04 crore Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts are inoperative, Minister of State for Finance Pankaj Chaudhary said on Monday.
-
Banks To Clear Cheques Within Few Hours From October 4: RBI
The RBI will introduce a new mechanism from October 4 for clearance of cheques within hours of being presented to banks, reducing the current time period of up to two working days.
-
RBI Panel Proposes Fund To Build Homegrown AI Framework For Finance Sector
A Reserve Bank of India committee has recommended a framework for developing AI capabilities for the country's financial sector, while safeguarding it against associated risks, according to a report released on Wednesday.
-
2.17 Lakh Fake Currency Notes Detected In Financial Year 2024-25: Government
As many as 2.17 lakh pieces of fake notes of various denominations were detected during 2024-25 compared to 2.23 lakh such notes in the previous year, Parliament was informed on Monday.
-
"India Doing Very Well": RBI Governor On Trump's "Dead Economy" Jibe
The Indian economy is "doing very well" and contributing more to global growth than the US, Reserve Bank Governor Sanjay Malhotra said on Wednesday, days after US President Donald Trump's remark of India being a dead economy.
-
RBI Rate Unchanged, 6.5% GDP Outlook Counters Trump's "Dead Economy" Jibe
The Reserve Bank of India (RBI) has kept its repo rate unchanged at 5.5% as the rupee remains under pressure due to US President Donald Trump's tariff threat.
-
Unclaimed Deposits With Banks Stand At Rs 67,003 Crore: Minister
Unclaimed deposits with banks, including private lenders, stood at Rs 67,003 crore at the end of June 2025, Parliament was informed on Monday.
-
Bank Holiday Today: Are Banks Open Or Closed On July 26? Check Here
Banks across India will remain closed today, in accordance with the Reserve Bank of India (RBI) holiday calendar. This is because it is the fourth Saturday of the month.
-
"More Such Pacts With Other Countries": RBI Governor On UK Free Trade Deal
Reserve Bank Governor Sanjay Malhotra on Friday welcomed the signing of the free trade agreement with the UK, saying it will help multiple sectors of the Indian economy.
-
Reserve Bank of India Hiring Liaison Officers With Salary Up To Rs 2.73 Lakh Per Month
RBI Recruitment 2025: Candidates will be shortlisted through preliminary screening, followed by document verification and a personal interview.
-
SBI To Report Anil Ambani To RBI, Classify RCom Account As Fraud
The State Bank of India (SBI) has decided to report the loan account of Reliance Communications as "fraud" in a case dating back to August 2015, the company said in an exchange filing.
-
India's Forex Reserves Rise $2.29 Billion To $698.95 Billion
India's forex reserves rose USD 2.294 billion to USD 698.95 billion for the week ended June 13, the RBI said on Friday.
