Tag: Reserve Bank of India

RBI may announce 25 bps rate cut in August to boost credit growth ahead of Diwali: SBI Report

Economy
The Reserve Bank of India (RBI) is expected to announce a 25 basis points (bps) repo rate cut in the upcoming Monetary Policy...

India’s forex reserves rise to $698.19 billion, up $2.7 billion as of July 25

Economy
India's forex reserves increased by $2.7 billion to $698.19 billion for the week ending July 25, data by the Reserve Bank of India...

India’s targeted capital liberalisation, RBI’s FX strategy shield economy from global shocks: Report

Economy
India's measured approach to capital account liberalization, combined with the Reserve Bank of India's proactive foreign exchange management, has played a vital role...

Number of employed people in India rose to 64.33 cr in FY24 from 47.5 cr in FY18

Economy
The number of employed people in the country rose to 64.33 crore in 2023-24 from 47.5 crore in 2017-18, Union Minister Shobha Karandlaje...

Public sector banks slashed key rates more than private ones: RBI Monthly Bulletin

Economy
Following the central bank's decision to cut the key repo rate by 100 basis points since February 2025, public sector banks have reduced...

Finance Commission needs to focus on strengthening local bodies, says Raghuram Rajan

Economy
The 16th Finance Commission should focus on devolving more funds to local bodies, municipalities and panchayats to enable them effectively deal with problems...

Raghuram Rajan says rate cuts by RBI not magic bullet to propel investments

Economy
Former RBI Governor Raghuram Rajan has said repo rate cuts by the Reserve Bank in recent times are not a "magic bullet" that...

RBI’s three-day VRRR auction too falls short

Economy
Mumbai: The Reserve Bank of India's (RBI) liquidity draining operation saw muted response from banks, leading to under-subscription in the second such auction...

RBI closely monitoring global crypto moves as India mulls policy paper

Economy
The Reserve Bank of India (RBI) is keeping close watch on global cryptocurrency developments, governor Sanjay Malhotra told a parliamentary panel, people familiar...

RBI reform plan for derivatives: Central bank proposes new norms for novation of OTC derivative contracts, draft guidelines seek to streamline market operations

Business
The Reserve Bank of India (RBI) on Wednesday released draft directions to regulate the novation of over-the-counter (OTC) derivative contracts, aiming...

No plans to introduce Rs 50 coin, public prefers notes due to light weight: Centre tells Delhi HC

Economy
The Union Finance Ministry has informed the Delhi High Court that it currently has no plans to introduce a Rs 50 coin, attributing...

RBI panel likely to recommend India retains 4% inflation target

Economy
An internal committee of the Reserve Bank of India is in favor of retaining the current inflation target in an upcoming government review,...
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