Search For "bank of india"
RBI has room for 50 bps rate cut in 2026 after 125 bps easing in 2025: Rep
Updated : 2 months, 2 weeks ago IST
The Reserve Bank of India still has room for a further 50 basis points (bps) cut in policy rates in 2026, following bumper rate cuts of 125 bps in 2025, according to a report by IIFL Capital.
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Crude oil prices expected to decline to USD 50 per barrel by June 2026: SB
Updated : 2 months, 2 weeks ago IST
Global crude oil prices are expected to soften significantly in 2026, with Brent crude likely to decline to around USD 50 per barrel by June 2026, according to a report by State Bank of India.
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Historic financial reset for Delhi: Delhi Govt signs transformational MoU
Updated : 2 months, 2 weeks ago IST
In a historic and far-reaching reform that fundamentally reshapes Delhi's public financial management framework, the Government of NCT of Delhi on Monday signed a landmark Memorandum of Understanding (MoU) with the Reserve Bank of India. The agreement represents a decisive break from past
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CBI court sentences three years imprisonment to 2 former officials of Pune
Updated : 2 months, 2 weeks ago IST
The court also sentenced Priyanka Prashant Vispute, the co-borrower in the case, to rigorous imprisonment for two years with a fine of Rs 25,000.
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India's forex kitty nears fresh all-time high, rose by $3.3 billion in lat
Updated : 2 months, 2 weeks ago IST
India's foreign exchange reserves rose USD 3.293 billion in the week that ended December 26 to USD 696.610 billion, driven by a jump in both gold reserves and foreign currency assets, the Reserve Bank of India's latest 'Weekly Statistical Supplement' data showed.
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India retail inflation likely inched up to 1.66% in December as food price
Updated : 2 months, 2 weeks ago IST
Retail inflation in India has likely edged up in December 2025 to 1.66 per cent from 0.71 per cent in November, with food prices strengthening across most segments of the food inflation basket, according to projections made by Union Bank of India.
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Directorate General of Foreign Trade issues details of interest subvention
Updated : 2 months, 2 weeks ago IST
The scheme is jointly implemented by DGFT and the Reserve Bank of India (RBI) and applies to both pre-shipment and post-shipment export credit in rupees. The interest subvention is benchmarked against repo rates of India and comparable economies.
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DFS Secretary chairs Inter-Departmental Committee meeting to consider fore
Updated : 2 months, 2 weeks ago IST
It was attended by member ministries or departments, i.e., the Ministry of Home Affairs (MHA), the Ministry of External Affairs (MEA), the Department of Commerce (DoC) and the Reserve Bank of India (RBI), according to an official release by the Ministry of Finance.
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Fiscal deficit widens to Rs 9.77 lakh crore in April-November FY26, surge
Updated : 2 months, 2 weeks ago IST
India's fiscal position during the April-November period of FY26 indicates that concerns over lagging tax revenues and adherence to the full-year budget targets have resurfaced, even as the government continues to prioritise capital expenditure-led growth, as per a report by Union Bank of
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Indian economy remains sound amid persistent global challenges: RBI
Updated : 2 months, 2 weeks ago IST
Benign inflation in India, fiscal consolidation, and prudent macroeconomic policies have enhanced economic resilience, the RBI report noted on Wednesday.
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RBI grants BRISKPE final PA authorisation under Cross-Border Inward & Outw
Updated : 2 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], December 30: BRISKPE, the Prosus-backed cross-border payments platform, today announced it has received the Reserve Bank of India's final authorisation to operate as a Payment Aggregator-Cross Border (PA-CB) under the Payment and Settlement Systems Act, 2007, en
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Govt announces weekly treasury bill auctions worth Rs 3.84 lakh crore for
Updated : 2 months, 3 weeks ago IST
The Government of India, in consultation with the Reserve Bank of India (RBI), released the auction calendar for Treasury Bills for the quarter ending March 2026, outlining the schedule and notified amounts for various short-term Government of India securities.
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