Search For "rb"
25 bps cut in September MPC best possible option for RBI: SBI
Updated : 5 months, 2 weeks ago IST
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).
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India's forex reserves climb by $4.7 bn to hit $702.97 bn, marking 3rd str
Updated : 5 months, 2 weeks ago IST
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.'
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Public sector banks outpace private lenders with double-digit advances in
Updated : 5 months, 2 weeks ago IST
For the first time since March 2010, Public Sector Banks (PSBs) reported double-digit growth in advances at 12.2 per cent year-on-year in FY25, surpassing Private Sector Banks' (PVBs) growth of 9.5 per cent, according to a Systematix Group report.
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Build infrastructure for rupee trades beyond USD-INR pair: RBI Governor Ma
Updated : 5 months, 2 weeks ago IST
Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday said the Clearing Corporation of India Ltd (CCIL) should prepare for the next phase of financial market development by facilitating currency trading beyond the dollar-rupee pair, as part of the broader goal of internationalising
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Index Inclusion Impact: How Foreign Funds Are Reshaping India's ₹226 Trill
Updated : 5 months, 2 weeks ago IST
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
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Department of Posts and BSNL sign strategic MoU for SIM sales and mobile r
Updated : 5 months, 2 weeks ago IST
The MoU was formally signed by Manisha Bansal Badal, General Manager (Citizen Centric Services & RB), on behalf of Department of Posts and Deepak Garg, Principal General Manager (Sales and Marketing-Consumer Mobility), BSNL.
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Paymentz Engages Leegality's Consentin to Implement DPDP Compliance
Updated : 5 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], September 17: Paymentz, a leading RBI-authorized payment aggregator, has partnered with Consentin by Leegality to implement end-to-end Digital Personal Data Protection (DPDP) compliance across all its platforms.
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Loan growth in India likely to pick up amid push from govt/RBI and stabili
Updated : 5 months, 2 weeks ago IST
Loan growth in India is expected to improve in the coming years supported by stabilising asset quality and policy push from the government and the Reserve Bank of India (RBI), according to a report by Nomura.
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RBI likely to cut rates by 25 bps each in Oct, Dec MPC; CPI may avg at 2.4
Updated : 5 months, 2 weeks ago IST
The Reserve Bank of India (RBI) is expected to lower policy rates by 25 basis points each in the upcoming Monetary Policy Committee (MPC) meetings in October and December, taking the terminal policy rate to 5 per cent, according to a report by Morgan Stanley.
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RBI issues detailed guidelines for Payment Aggregators, Gateways to boost
Updated : 5 months, 2 weeks ago IST
The Reserve Bank of India (RBI) has rolled out detailed regulatory guidelines for Payment Aggregators (PAs) and recommended baseline technology standards for Payment Gateways (PGs), to ensure safety, transparency and resilience in the fast-growing digital payments ecosystem.
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No Queues, No Branch Visits: Open & Manage Your Savings Account with AU Vi
Updated : 5 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], September 16: In today's fast-paced world, no one wants to spend hours waiting at a bank branch. At AU Small Finance Bank, we bring the branch to your home with Video Banking.
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Forex reserves up by $4.03 billion to $698.3 billion in week ending Sept 5
Updated : 5 months, 2 weeks ago IST
The country's foreign exchange (forex) kitty is hovering close to its all-time high of USD 704.89 billion, reached in September 2024.
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