Tag: RBI

Avoiding ATM fake shutter fraud: Why some ATMs will now retract cash as per RBI mandate

Business
ATMs are equipped with a mechanism that automatically retrieves unattended currency notes. (AI image) ATM cash retraction new rules: The Reserve Bank...

RBI on tricky terrain of high inflation and slowing growth

Economy
Mumbai: December 11, 10 am. The person in the 18th floor corner room of the central bank's Mint Street Tower would have to...

Forex reserves record biggest weekly drop as RBI moves to support Rupee

Economy
MUMBAI: India's foreign-exchange stockpile shrank the most on record last week, surpassing the absolute decline last seen during the peak of the global...

RBI injects Rs 25,000 cr via VRR route to boost system liquidity

Economy
Mumbai: The Reserve Bank of India (RBI) injected funds into the banking system as the weighted average call rate, a barometer for short-term...

Stable inflation is important to sustain growth: RBI Guv Das

Economy
Mumbai: Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said the central bank remains committed to realigning inflation with the legally...

RBI issues framework for reclassification of FPI to FDI

Economy
The Reserve Bank of India on Monday issued an operational framework for reclassification of investment made by a foreign portfolio investor to foreign...

CPI inflation is likely to breach 6% in October: UBI report

Economy
The continued spurt in food prices and fading of the high base effect likely led to a spike in October retail inflation figures....

10-year bond yield posts its biggest rise in 6 months

Business
MUMBAI: India's 10-year benchmark govt bond yield logged its biggest jump in six months in Oct, and its first monthly rise...

Donald Trump win looming? RBI well-equipped for post-US election volatility, sources say

Economy
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...

RBI unlikely to go for immediate rate cut, despite inflation likely to cool: Ind-Ra

Economy
In a cautious outlook for the upcoming fiscal year, India Ratings and Research (Ind-Ra) projects a decline in inflation for FY25, yet it...

RBI parks majority of its gold reserves in India; Local holdings up 100 tonnes in H1

Economy
Domestic holdings of gold by the Reserve Bank of India (RBI) rose by more than 100 metric tonnes in the half-year ended September,...

Export Push: Govt working on easier loans for SMEs, ecommerce exporters

Economy
New Delhi: A new collateral-free, pre-shipment loan scheme for small and medium enterprise (SME) and ecommerce exporters is in the works as India...
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