Search For "bank of india"
RBI keeps Repo Rate unchanged at 5.5% in August policy meet
Updated : 7 months, 2 weeks ago IST
In an unanimous decision the Reserve Bank of India (RBI) Monetary Policy Committee (MPC) has kept the repo rate unchanged at 5.5 per cent in its August policy meeting. The decision was announced by RBI Governor Sanjay Malhotra on Wednesday.
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Nifty, Sensex open flat ahead of RBI policy announcement, US-Russia talks
Updated : 7 months, 2 weeks ago IST
Indian stock markets opened flat on Wednesday amid a mix of domestic and global uncertainties, with investors opting for a cautious approach ahead of the Reserve Bank of India's monetary policy announcement and key geopolitical developments, including a critical US-Russia meeting.
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RBI eases norms for trade in Indian rupee, removes approval requirement fo
Updated : 7 months, 2 weeks ago IST
In a significant move aimed at further facilitating trade in Indian Rupees, the Reserve Bank of India (RBI) has simplified the procedure for opening Special Rupee Vostro Accounts (SRVAs).
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RBI Governor Sanjay Malhotra to announce policy rates today at 10 AM
Updated : 7 months, 2 weeks ago IST
The Reserve Bank of India (RBI) Governor Sanjay Malhotra will announce the policy rates today at 10 AM in Mumbai as the three-day monetary policy committee (MPC) meeting will conclude.
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RBI's rate cuts transmission visible in banks' books, faster adoption in P
Updated : 7 months, 2 weeks ago IST
The transmission of policy rate cuts by the Reserve Bank of India (RBI) is visible in the outstanding books of banks and fresh loans are given at relatively higher margins, according to a recent report by CareEdge Ratings.
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RBI to lower inflation target for FY26 in upcoming August MPC, inflation t
Updated : 7 months, 2 weeks ago IST
The Reserve Bank of India (RBI) is expected to revise its inflation target downward for the financial year 2025-26 in the upcoming August MPC (Monetary Policy Committee) meeting, according to a recent report by CareEdge Ratings.
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India's forex reserves rise by USD 2.7 bn to USD 698.2 bn after three-week
Updated : 7 months, 2 weeks ago IST
India's foreign exchange reserves rose by USD 2.703 billion to USD 698.192 billion for the week ending July 25, after falling for three consecutive weeks, according to the official data released by the Reserve Bank of India (RBI).
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Banks' credit growth to remain low as corporates using other funding sourc
Updated : 7 months, 2 weeks ago IST
Credit growth of banks in the country is likely to remain low as corporates continue to opt for alternative methods of funding in the current low-interest rate environment, according to a report by the State Bank of India (SBI).
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RBI may announce 25 bps rate cut in August to boost credit growth ahead of
Updated : 7 months, 2 weeks ago IST
The Reserve Bank of India (RBI) is expected to announce a 25 basis points (bps) repo rate cut in the upcoming Monetary Policy Committee (MPC) meeting scheduled from August 5 to 7, according to a report by the State Bank of India (SBI).
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India's services exports rise 12% in June 2025, imports 5%: RBI
Updated : 7 months, 2 weeks ago IST
India's international trade in services showed notable momentum in June 2025, with both exports and imports registering year-on-year growth, according to data released by the Reserve Bank of India (RBI).
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US household bills will increase by USD 2400 annually due to Trump's tarif
Updated : 7 months, 2 weeks ago IST
The new tariffs imposed by the United States are expected to significantly impact American households, with average bills likely to rise by around USD 2,400 in the short term due to inflation driven by these tariffs, according to a research report by the State Bank of India (SBI).
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Non-food bank credits dip to 10.2% in June 2025 vs 13.8% YoY: RBI
Updated : 7 months, 2 weeks ago IST
The Reserve Bank of India (RBI) has released sectoral data on the deployment of bank credit, showing a year-on-year (y-o-y) growth of 10.2 per cent in non-food credit as of June 27, 2025. This marks a decline from the 13.8 per cent growth recorded during the same fortnight a year earlier.
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