In a unanimous decision the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) kept the policy repo rate unchanged at 5.5 per cent in its policy announcement on Wednesday, RBI Governor Sanjay Malhotra said.
The Reserve Bank of India (RBI) has issued new directions to banks, effective from October 1, 2025, covering interest rate on advances, lending against gold and silver collateral, and capital regulations.
The Reserve Bank of India (RBI) is expected to maintain the policy rate unchanged in the current Monetary Policy Committee (MPC) meeting, with a rate cut of 25 basis points (bps) being seen as a positive surprise, according to Bank of Baroda Economist Sonal Badhan.
The Appointments Committee of the Cabinet (ACC) has approved the appointment of Shirish Chandra Murmu as the Deputy Governor of the Reserve Bank of India (RBI). He is currently serving as the Executive Director at the apex bank.
The Reserve Bank of India's Monetary Policy Committee is expected to reduce the policy rates by 25 basis points in its policy announcement on Wednesday, according to a report by Union Bank of India.
The International Monetary Fund (IMF) expressed serious concerns over Pakistan's failure to meet tax collection targets and the ongoing delay in resolving tax-related court cases amounting to over PKR 170 billion, currently pending before the Constitutional Bench of the Supreme Court, The Ex
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) may announce a 25 basis points (bps) cut in its September policy meeting as it is the best possible option at this stage, according to a report by State Bank of India (SBI).
India's foreign exchange reserves rose by USD 4.698 billion in the week that ended September 12 to USD 702.966 billion, marking the third consecutive weekly increase, the Reserve Bank of India (RBI) said in its latest 'Weekly Statistical Supplement.'
Mumbai (Maharashtra) [India], September 19: Gold prices worldwide have surged past US$3,000/oz, touching record highs as global debt concerns, geopolitical uncertainties, and monetary easing expectations reshape the bullion landscape. In India, this has translated into domestic prices hoveri
In a post on social media, Malviya claimed that Rahul Gandhi's figures are far off from official state data and accused him of exploiting Punjab's pain for "petty politics."
New Delhi [India], September 18: India's bond market stands at an unprecedented inflection point in 2025, having reached a staggering size of ₹238 trillion (approximately $2.69 trillion) by March 2025, representing a remarkable 10.2% growth from the previous fiscal year. This monumental achi