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RBI issues a compounding order for FEMA violations in the case of Janapriy
Updated : 2 months, 3 weeks ago IST
The said order has been passed by the RBI after issuance of "No Objection" by the Directorate of Enforcement (ED).
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RBI Governor considered benign inflation outlook for rate cut: MPC Minutes
Updated : 2 months, 3 weeks ago IST
Considering the benign inflation outlook - headline as well as core - real interest rates need to be lower. Therefore, I vote for a 25-bps rate cut. This will also stimulate demand and be growth-supportive," the statement from the RBI Governor said in the minutes.
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RBI discusses global, domestic economic situation, challenges at board mee
Updated : 2 months, 3 weeks ago IST
"The Board approved the risk-based deposit insurance framework for banks and also reviewed the activities of select Central Office Departments and the draft Report on Trend and Progress of Banking in India, 2024-25," RBI said in a statement.
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RBI announces Rs 30,000 crore G-Sec underwriting auction, releases OMO pur
Updated : 2 months, 3 weeks ago IST
According to the RBI, the Government of India has notified the sale (re-issue) of two Government Securities through an auction scheduled for Friday. The securities on offer include Rs 18,000 crore of 6.01 per cent Government Security maturing in 2030 and Rs 12,000 crore of 7.09 per cent G
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Invesco cautiously optimistic on India's 2026 growth despite equity market
Updated : 2 months, 3 weeks ago IST
Despite equity market underperformance triggered by geopolitical tensions, global investment firm Invesco has expressed cautious optimism on India's economic outlook for 2026, citing progress on domestic reforms, scope for improved US-India relations and monetary easing by the Reserve Bank o
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Perfios Launches AI-Powered Operating System for BFSI, Spearheading Global
Updated : 2 months, 4 weeks ago IST
Bengaluru (Karnataka) [India], December 17: Perfios.ai, India's leading B2B SaaS TechFin, today announced the launch of its AI-Powered Real-Time Operating System for BFSI, an integrated suite of agentic platforms that work together as a unified intelligence layer, accelerating the industry's
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India policy rates at bottom; bond yields, capital flows outlook supportiv
Updated : 2 months, 4 weeks ago IST
India's macroeconomic outlook remains constructive even as global uncertainties persist, with policy rates seen at their lowest feasible point in the current cycle, bond yields likely to ease further, and external balances remaining stable, according to the India Economic Outlook 2026 report
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Thales awards SFO Technologies RBE2 Radar wired structures contract for Ra
Updated : 2 months, 4 weeks ago IST
Bengaluru (Karnataka) [India], December 16: Thales, in partnership with SFO Technologies, has taken a significant step forward in supporting India's strategic vision for self-reliance in defence manufacturing. The latest contract, awarded for the production of high-value, technically advance
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States raised Rs 15,330 crore through RBI's government securities auction
Updated : 2 months, 4 weeks ago IST
The Reserve Bank of India on Tuesday announced the results of the yield/price-based auction of State Government Securities (SGS), in which states and Union Territories collectively raised Rs 15,330 crore against the notified amount of Rs 17,850 crore, according to an official press release i
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HDFC Bank gets RBI nod to raise holding in IndusInd Bank up to 9.5%
Updated : 3 months ago IST
HDFC Bank has received approval from the Reserve Bank of India (RBI) to allow its group entities to collectively hold up to 9.50 per cent stake in IndusInd Bank, the bank informed the stock exchange in a filing.
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Nepal waives ban on high-denomination Indian notes after nearly a decade
Updated : 3 months ago IST
Nepal has lifted its ban on Rs 200 and Rs 500 Indian currency notes, allowing their import and export with India up to a limit of Rs 25,000 per person, the government said, easing restrictions imposed after India's 2016 demonetisation.
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Consumer inflation in country to stay low at 0.4% in Oct-Dec quarter, lowe
Updated : 3 months ago IST
Consumer inflation is expected to stay very low in the October to December period of the current financial year, FY26, according to a report by Bank of Baroda.
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