RBI sets up mechanism to settle trade payments in rupees

Mumbai (Maharashtra) [India], July 11 (ANI): The Reserve Bank of India (RBI) on Monday announced a mechanism to...

CBI registers two separate cases in connection with bank fraud

New Delhi [India], July 11 (ANI): The Central Bureau of Investigation (CBI) on Monday registered a case against a...

Inflation may ease gradually in second half of 2022-23: RBI

New Delhi [India], July 9 (ANI): Inflation, which has been above the central bank's tolerance limit since the...

Inflation likely to ease in second half of 2022-23: RBI Governor

New Delhi [India], July (ANI): India's inflation is expected to ease gradually in the second half of the current...

India's forex reserves dip $5 bln amid depreciating rupee

New Delhi [India], July 9 (ANI) India's foreign exchange reserves declined by $5 billion to $588.314 billion during...

RBI imposes Rs 5.72 crore monetary penalty on Federal Bank

Mumbai (Maharashtra) [India], July 8 (ANI): The Reserve Bank of India (RBI) said on Friday it has imposed a monetary...

RBI imposes monetary penalty on Bank of India

Mumbai (Maharashtra) [India], July 8 (ANI): The Reserve Bank of India (RBI) said on Friday it has imposed a monetary...

India's 1st dedicated branch for Startups to come up in Bengaluru

Bengaluru (Karnataka) [India], July 8 (ANI): State Bank of India (SBI) and Karnataka Digital Economy Mission (KDEM)...

RBI should internationalise currency rupee, says SBI Research

New Delhi [India], July 8 (ANI): The Reserve Bank of India (RBI) should make a conscious effort to internationalise...

RBI selects Hansa Research for inflation expectation survey

Mumbai (Maharashtra) [India], July 6 (ANI): The Reserve Bank of India (RBI) on Wednesday said it has decided to...

RBI announces measures to boost forex inflows, rupee slide

Mumbai (Maharashtra) [India], July 6 (ANI): The Reserve Bank of India (RBI) on Wednesday announced a slew of...

Trade deficit pushes India to disincentivize gold imports

New Delhi [India], July 6 (ANI): India is experiencing a widening trade deficit, this essentially means that it is...