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India's forex reserves rebound by $4.8 bn to $702.78 bn after previous wee
Updated : 8 months, 2 weeks ago IST
India's foreign exchange reserves (forex) witnessed an uptick of USD 4.8 billion to USD 702.78 billion for the week ending June 27, after a decline in the previous week, official data released by the Reserve Bank of India showed.
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Inflation likely to align with RBI's projection in Q1: BoB report
Updated : 8 months, 3 weeks ago IST
Inflation is expected to remain in line with the Reserve Bank of India's (RBI) projections in the first quarter (Q1) of Financial Year FY26, driven by a favourable statistical base and continued deflation in essential commodities, according to the latest report by Bank of Baroda.
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RBI notifies underwriting auction for Rs 32,000 crore Government Securitie
Updated : 8 months, 3 weeks ago IST
The Reserve Bank of India (RBI) has announced an underwriting auction for the sale of government securities worth Rs 32,000 crore, which is taking place on Friday.
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RBI rate cuts lead to cooling in both credit offtake and deposit growth: R
Updated : 8 months, 3 weeks ago IST
With a 100 basis point repo rate cut by the Reserve Bank of India (RBI) since February, Credit offtake and deposit growth have cooled, noted a report by CareEdge.
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RBI bars pre-payment charges by banks for transfer of floating rates loan
Updated : 8 months, 3 weeks ago IST
In a major relief for borrowers, the Reserve Bank of India (RBI) has announced that banks and other regulated lenders will no longer be allowed to impose pre-payment charges on loans taken by individuals for purposes other than business.
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DoT welcomes RBI advisory mandating banks to integrate financial fraud ris
Updated : 8 months, 3 weeks ago IST
The Department of Telecommunications (DoT) welcomes the Reserve Bank of India's (RBI) advisory issued on June 30, 2025, directing all Scheduled Commercial Banks, Small Finance Banks, Payments Banks, and Co-operative Banks to integrate the Financial Fraud Risk Indicator (FRI) developed by DoT
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Average lending rates of scheduled commercial banks declining in line with
Updated : 8 months, 3 weeks ago IST
The weighted average lending rate (WALR) on fresh rupee loans of scheduled commercial banks (SCBs) declined to 9.20 per cent in May 2025, from 9.26 per cent in April, Reserve Bank of India (RBI) data showed.
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India's fiscal consolidation & capex boost went hand-in-hand in Apr-Ma
Updated : 8 months, 3 weeks ago IST
India has made a promising start to the financial year 2025-26 (FY26), as both fiscal consolidation and capital expenditure (capex) are moving forward together, according to a report by Union Bank of India.
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Out of India's 6.7% share in global economy's incremental growth, SBI alon
Updated : 8 months, 3 weeks ago IST
India contributed around 6.7 per cent to the global economy's incremental growth in FY25 and State bank of India (SBI) alone accounts for 1.1% of the incremental growth, according to a report by SBI research.
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RBI appoints Kesavan Ramachandran as new Executive Director
Updated : 8 months, 3 weeks ago IST
The Reserve Bank of India (RBI) has appointed Kesavan Ramachandran as Executive Director of RBI with effect from July 01, 2025.
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MSMEs make strong sustainability gains, but governance still not on the ra
Updated : 8 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], July 1: Dun & Bradstreet, a leading global provider of business decisioning data and analytics, along with Small Industries Development Bank of India (SIDBI), has released the Sustainability Perception Index (SPeX), for January-March 2025 period. The SPeX, (
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India's per capita debt of individual borrower rises significantly over la
Updated : 8 months, 3 weeks ago IST
The per capita debt of individual borrowers in India has witnessed a sharp increase over the past two years, rising from Rs 3.9 lakh in March 2023 to Rs 4.8 lakh in March 2025, according to the financial stability report released by the Reserve Bank of India (RBI).
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