On the domestic banking scenario, Setty said credit growth remains robust despite concerns around liquidity. Citing Reserve Bank of India (RBI) data for December, he said, "bank credit growth has been in the range of 12-13 per cent, which is in line with nominal GDP growth of around 9-10 per
Northeast Frontier Railway (NFR) has taken a major step towards strengthening financial efficiency, safety and transparency by signing a Memorandum of Understanding (MoU) with the State Bank of India (SBI) for providing cash pick-up facilities at 400 stations across the NFR network.
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved a significant equity support of Rs. 5,000 crore for the Small Industries Development Bank of India (SIDBI). This capital will be infused by the Department of Financial Services in three separate stages, starting with Rs
The Delhi High Court has requested the assistance of the Central government regarding a communication from the Supreme Court of England and Wales in the Nirav Modi-Bank of India matter.
Reserve Bank of India is expected to keep key policy rates unchanged at its upcoming monetary policy review meeting, slated during February 4-6, 2026, according to Crisil.
India's foreign exchange reserves rose marginally, by USD 392 million in the week that ended January 9, to USD 687.193 billion, driven by a jump in gold reserves while foreign currency assets dropped, the Reserve Bank of India's latest 'Weekly Statistical Supplement' data showed. This follow
In a post on social media platform X, Gor said, "Very much enjoyed meeting RBI Governor Sanjay Malhotra. We discussed areas of increased cooperation, including new state-of-the-art U.S. technology."
Reserve Bank of India (RBI) Governor Sanjay Malhotra, has welcomed National Statistical Office (NSO) under Ministry of Statistics and Programme Implementation's (MoSPI) base year revision of key economic indicators -- Consumer Price Index (CPI), Gross Domestic Product (GDP), and Index of Ind
Consumer inflation for the fourth quarter of the current financial year FY26 is expected to remain at 2.6 per cent, which is below the Reserve Bank of India's (RBI) projection of 2.9 per cent, highlighted a report by Union Bank of India.
The Reserve Bank of India (RBI) may now have to conduct more Open Market Operations (OMOs) to keep bond prices in check and manage liquidity conditions effectively, highlighted a report by State Bank of India (SBI).
Bengaluru (Karnataka) [India], January 13: Innoviti Technologies, India's leading payments-centric retail SaaS platform, has been granted a Certificate of Authorization by the Reserve Bank of India (RBI) to operate as a Payment Aggregator under the Payments and Settlement Systems Act, 2007.
Additionally, long-term MoUs were signed between the Department of Micro, Small and Medium Enterprises and the Federation of Indian Export Organisations (FIEO), along with agreements involving the Central Bank of India, Karvy Startup Labs and Startup Middle East on the occasion. The Chief