Reserve Bank Of India Rbi

Credit growth remained broad-based as all population groups and bank groups recorded double-digit annual growth, the Reserve Bank of India said.

"Credit growth remained broad-based: all population groups and bank groups recorded double digit annual growth," the Reserve Bank said while releasing 'Quarterly Statistics on Deposits and Credit of SCBs: September 2022'.

Reserve Bank of India's interest-rate setters have mainly blamed global factors for failing to meet their inflation target, according to people with knowledge of a letter the monetary policy panel was obliged to write to the government.

Reserve Bank Deputy Governor Michael Patra today said that formulating monetary policy is a challenging task in a volatile environment like the current one, given lagged data inputs, which are also frequently reviewed.

The National Payments Council of India (NPCI) is in talks with the Reserve Bank of India (RBI) to decide the fate of its proposed December 31, 2022 deadline for capping Unified Payments Interface(UPI) market cap of each third-party app.

The Reserve Bank of India (RBI) has imposed fines to the tune of Rs 73.06 crore in 48 cases involving banks for violating certain provisions or contravention of its directions since January 2020.

The Reserve Bank of India has allowed HDFC Bank Ltd and Canara Bank Ltd to open a special "vostro account" for trade in rupees with Russia, local newspaper Business Standard reported today.

National Payments Corporation of India (NPCI) is in talks with the Reserve Bank on implementation of its proposed December 31 deadline for limiting the volume cap of players to 30 per cent.

India's foreign exchange reserves rose to $544.72 billion in the week through Nov 11, marking their biggest weekly jump in more than a year, the Reserve Bank of India's (RBI) weekly statistical supplement showed today.

The Reserve Bank of India (RBI) todaysaid it expects economic expansion to be between 6.1 per cent and 6.3 per cent in the July-September quarter which, if realised, will take India on a 7 per cent growth path for 2022-23.

With headline inflation beginning to show signs of easing, the domestic macroeconomic outlook appears to be resilient though it is still sensitive to global headwinds, an RBI article said today.

The Reserve Bank of India (RBI) sold a net of $10.36 billion in the spot foreign exchange market in September, the central bank said in its latest monthly bulletin released today.

Reserve Bank of India Governor Shaktikanta Das chaired a meeting of the subcommittee of the Financial Stability and Development Council, in which major developments in the global and domestic economy were reviewed.

The Reserve Bank of India (RBI) on Tuesday announced that the government had nominated Vivek Joshi to its central board.

The arbitrary pricing by various players, led by non-banking financiers, in the money markets is delaying the monetary policy transmission, according to Reserve Bank Deputy Governor Michael Debabrata Patra.

Credit growth remained broad-based as all population groups and bank groups recorded double-digit annual growth, the Reserve Bank of India said.

"Credit growth remained broad-based: all population groups and bank groups recorded double digit annual growth," the Reserve Bank said while releasing 'Quarterly Statistics on Deposits and Credit of SCBs: September 2022'.

Reserve Bank of India's interest-rate setters have mainly blamed global factors for failing to meet their inflation target, according to people with knowledge of a letter the monetary policy panel was obliged to write to the government.

Reserve Bank Deputy Governor Michael Patra today said that formulating monetary policy is a challenging task in a volatile environment like the current one, given lagged data inputs, which are also frequently reviewed.

The National Payments Council of India (NPCI) is in talks with the Reserve Bank of India (RBI) to decide the fate of its proposed December 31, 2022 deadline for capping Unified Payments Interface(UPI) market cap of each third-party app.

The Reserve Bank of India (RBI) has imposed fines to the tune of Rs 73.06 crore in 48 cases involving banks for violating certain provisions or contravention of its directions since January 2020.

The Reserve Bank of India has allowed HDFC Bank Ltd and Canara Bank Ltd to open a special "vostro account" for trade in rupees with Russia, local newspaper Business Standard reported today.

National Payments Corporation of India (NPCI) is in talks with the Reserve Bank on implementation of its proposed December 31 deadline for limiting the volume cap of players to 30 per cent.

India's foreign exchange reserves rose to $544.72 billion in the week through Nov 11, marking their biggest weekly jump in more than a year, the Reserve Bank of India's (RBI) weekly statistical supplement showed today.

The Reserve Bank of India (RBI) todaysaid it expects economic expansion to be between 6.1 per cent and 6.3 per cent in the July-September quarter which, if realised, will take India on a 7 per cent growth path for 2022-23.

With headline inflation beginning to show signs of easing, the domestic macroeconomic outlook appears to be resilient though it is still sensitive to global headwinds, an RBI article said today.

The Reserve Bank of India (RBI) sold a net of $10.36 billion in the spot foreign exchange market in September, the central bank said in its latest monthly bulletin released today.

Reserve Bank of India Governor Shaktikanta Das chaired a meeting of the subcommittee of the Financial Stability and Development Council, in which major developments in the global and domestic economy were reviewed.

The Reserve Bank of India (RBI) on Tuesday announced that the government had nominated Vivek Joshi to its central board.

The arbitrary pricing by various players, led by non-banking financiers, in the money markets is delaying the monetary policy transmission, according to Reserve Bank Deputy Governor Michael Debabrata Patra.