Digitisation influences inflation through price-setting behaviour

Digitalization is influencing price levels through direct and indirect channels. Under the direct channel,...

India accounts for nearly 50 pc of global digital payments: RBI

India holds 48.5 per cent share in the global real-time payments volume, according to the Reserve Bank of India...

India's foreign exchange reserves surge to touch another peak

In the week that ended on July 19, the foreign exchange kitty rose by USD 4.19 billion to USD 670.857 billion,...

RBI unveils new corrective action framework for UCBs

For urban cooperative banks that are weak or are experiencing financial stress, the RBI had issued a supervisory...

RBI has proposed a higher liquidity coverage ratio

The Reserve Bank of India (RBI) has issued a draft circular on the Basel III framework regarding liquidity...

Budget may see a mild increase in Capex: Emkay

The fiscal buffer from the Reserve Bank of India's (RBI) excess dividend, amounting to 0.4 per cent of GDP, is...

India's forex reserves hit record USD 666.85 Billion

India's foreign exchange reserves have surged to a record high, reaching a new peak of USD 666.85 billion, according...

10 banks/NBFCs had minor disruptions due to Microsoft outage: RBI

The Reserve Bank of India has asserted that its assessment showed that only 10 banks and NBFCs had minor disruptions...

India to triple its electronic production by 2025-26: RBI

India's electronic produce has surged to 3 per cent of GDP in 2023-24, highlighted the July 2024, monthly bulletin...

Bartronics India Limited announces expansion drive with BoI

Hyderabad (Telangana) [India], July 19: Bartronics India Limited, a leading innovator in the fintech sector,...

Long a period for the food price shock be called transitory: RBI

Faced with food inflation remaining at elevated levels consistently, the Reserve Bank of India on Thursday said that...

ADB approves USD 240.5 mn loan for rooftop solar systems in India

The Asian Development Bank (ADB) has approved a loan of USD 240.5 million to finance rooftop solar systems in India,...