Tag: Reserve Bank of India

Inflation’s ways give room for a rate cut, but RBI may not do it

Economy
India's inflation environment remains benign as reinforced by the latest Consumer Price Index (CPI) print, providing space for potential monetary easing. However, most...

Economists lower India inflation forecasts despite August uptick; GST reforms supportive

Economy
India's retail inflation edged up modestly in August, but economists and industry leaders believe the rise is temporary and unlikely to upset the...

Retail inflation: CPI rises to 2.07% YoY in August; up from 1.61% in July

Business
Retail inflation edged higher in August, with the Consumer Price Index (CPI) recording a year-on-year rise of 2.07%, up 46 basis...

Rupee slips to a fresh low of 88.27 against $

Business
MUMBAI: The rupee bucked the trend among Asian peers on Friday, slipping to a record low even as most emerging market...

Yes Bank acquisition: RBI approves SMBC to buy 24.99% stake; CCI nod still pending

Business
Japan’s Sumitomo Mitsui Banking Corporation (SMBC) has received the Reserve Bank of India’s (RBI) approval to acquire up to 24.99% stake...

Three out of six members on RBI’s monetary policy committee acknowledged space for August rate cut: MPC Minutes

Economy
Three of the six members on the central bank’s monetary policy committee (MPC), which two weeks ago unanimously voted to keep rates unchanged,...

India’s forex reserves rise $4.73 bn to $693.62 bn as of August 8

Economy
India's forex reserves surged by $4.74 billion to $693.62 billion for the week ending August 8, data by the Reserve Bank of India...

Financial inclusion must focus on literacy, not just access: RBI deputy governor

Business
Financial inclusion is about more than just providing access to banking — it’s about equipping people with the knowledge to improve...

Financial inclusion is about literacy, not just access: RBI Deputy Governor

Economy
Chennai: Reserve Bank of India Deputy Governor Swaminathan Janakiraman on Saturday said financial inclusion initiatives, such as conducting Re-KYC camps, go beyond providing...

Trump’s higher tariff threat on India: What RBI governor Sanjay Malhotra said on GDP growth; ‘really very difficult to…’

Business
US President Donald Trump has issued a warning about increasing tariffs on India beyond the current 25%. (AI image) RBI governor Sanjay...

RBI holds rates citing WIP transmission, tariffs

Economy
The Reserve Bank of India (RBI) Wednesday maintained policy interest rates citing ongoing transmission of its recent actions and global trade uncertainties. The...

No proposal to stop supply of Rs 500 notes: MoS Finance

Economy
There is no proposal to stop supply of Rs 500 denomination banknotes and ATMs will continue disbursing Rs 500 alongside Rs 100 or...
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