Search For "bank of india"
RBI may open room for further easing in upcoming policy if GDP prints come
Updated : 7 months, 1 week ago IST
The Reserve Bank of India's Monetary Policy Committee (MPC) could consider reducing policy rates further if upcoming GDP data comes in lower than expectations and the US Federal Reserve begins aggressive rate cuts due to a weaker labour market, according to a report by HSBC Mutual Fund.
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Generative AI set to improve banking operations in India by 46%: RBI Repor
Updated : 7 months, 1 week ago IST
Generative Artificial Intelligence (AI) has the potential to improve banking operations in India by up to 46 per cent, according to a report by the Reserve Bank of India (RBI).
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RBI allows investment of surplus rupee balances in special vostro accounts
Updated : 7 months, 1 week ago IST
The Reserve Bank of India (RBI) has permitted persons resident outside India holding Special Rupee Vostro Accounts (SRVAs) to invest their surplus rupee balances in central government securities, including treasury bills
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RBI rate cut in October MPC meeting looks unlikely as inflation set to ris
Updated : 7 months, 1 week ago IST
The Reserve Bank of India (RBI) is unlikely to cut interest rates in its October policy meeting, as inflation in August 2025 is expected to rise above 2 per cent, according to a report by the State Bank of India (SBI).
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RBI conducts Rs 8,450 crore state government securities auction; cut-off y
Updated : 7 months, 1 week ago IST
The Reserve Bank of India (RBI) on Tuesday announced the results of its latest yield and price-based auction of State Government Securities (SGS), raising a total of Rs 8,450 crore from various states and Union Territories. The cut-off yields in the auction ranged from 6.4377 per cent to 7.4
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RBI does not regulate minimum balance requirements for banks: RBI Governor
Updated : 7 months, 1 week ago IST
The minimum balance requirements for saving accounts does not come under the regulatory domain of the Reserve Bank of India (RBI), banks decide it as per their own business needs, stated RBI Governor Sanjay Malhotra on questions of ICICI Bank raising minimum balance requirement in saving acc
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Wholesale inflation in country likely declined to 2-yr low to -0.45% in Ju
Updated : 7 months, 1 week ago IST
Wholesale inflation in India likely fell to a near two-year low in July 2025, driven by a sharp drop in food and fuel prices, according to a report by Union Bank of India.
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Policy choices over the next 3-6 months are crucial; amid tariffs US Fed s
Updated : 7 months, 2 weeks ago IST
The US Federal Reserve will have to time its interest rate cuts carefully as new tariffs could push inflation higher next year, making policy choices over the next three to six months particularly crucial, according to a report by Union Bank of India.
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India's forex reserves decline sharply by $9.3 billion to $689 billion
Updated : 7 months, 2 weeks ago IST
ndia's foreign exchange reserves (forex) reported a sharp decline, slipping USD 9.32 billion to USD 688.871 billion in the week ending August 1, official data released by the Reserve Bank of India showed.
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India's fuel bill may rise by USD 9bn in FY26 and 12 billion in FY27, if i
Updated : 7 months, 2 weeks ago IST
India's crude oil import bill could increase by USD 9 billion to USD 12 billion, if the country stops buying Russian crude oil, according to a report by the State Bank of India (SBI).
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RBI's August policy pause a 'technical move', scope for a cut in 2025 limi
Updated : 7 months, 2 weeks ago IST
The Reserve Bank of India's (RBI) decision to keep the repo rates unchanged in the August policy cycle is seen as a technical pause driven by inflation projections and growth dynamics, according to a report by SBI.
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RBI Hits Pause on Rate Cut at 5.5%: Real Estate Set to Gain from Stable EM
Updated : 7 months, 2 weeks ago IST
New Delhi [India], August 7: In a move widely anticipated by market watchers, the Reserve Bank of India has chosen to maintain the repo rate at 5.5%, following a cumulative 100 bps reduction over the past three Monetary Policy Committee (MPC) meetings. For the real estate sector, this pause
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