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India's forex reserves rise to USD 676 billion, fifth straight week jump
Updated : 11 months, 1 week ago IST
India's foreign exchange reserves rose USD 10.872 billion to USD 67.626 billion in the week that ended on April 4, extending gains for the fifth straight week, official data released by RBI showed.
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RBI's Second Consecutive Repo Rate Cut to 6 Percent Spurs Optimism Across
Updated : 11 months, 1 week ago IST
New Delhi [India], April 11: India's real estate sector has welcomed the Reserve Bank of India's latest monetary policy move, which saw the repo rate reduced by 25 basis points to 6%. Industry leaders believe the decision-aimed at boosting economic momentum amid global uncertainties-will imp
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Vardan Ceqube India Investments Invests in NeRL
Updated : 11 months, 1 week ago IST
Mumbai (Maharashtra) [India], April 10: Vardan Ceqube India Investment, a domestic SEBI registered AIF has secured an equity stake in National E Repository Ltd. (NeRL) through secondary market. This investment signifies confidence in NeRL's role within India's evolving digital warehousing ec
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RBI's policy stance turning accommodative shows signs of easing: SBI Repor
Updated : 11 months, 1 week ago IST
The Reserve Bank of India (RBI) has taken a more accommodative stance in its monetary policy, as inflation expectations have shown signs of easing.
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Indian stock markets close lower amid US tariff developments, Nifty holds
Updated : 11 months, 1 week ago IST
After staging a smart comeback yesterday, Indian stock markets ended on a negative note on Wednesday, showing no major enthusiasm for the policy interest cut by the Reserve Bank of India (RBI).
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RBI to ensure swift transmission of rate cut; US tariff will have less imp
Updated : 11 months, 1 week ago IST
The Reserve Bank of India (RBI) will ensure swift transmission of repo rate cut benefits, says governor Sanjay Malhotra in a post-policy press conference.
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Market experts hail 25 bps rate cut by RBI, expect repo rate at 5.5% by ye
Updated : 11 months, 1 week ago IST
Shriram Ramanathan, CIO, Fixed Income, HSBC Mutual Fund, said, "The RBI MPC managed to meet the market's hefty expectations, by announcing a 25bps repo rate cut along with a change of stance to accommodative. Importantly, the MPC now believes that the headline CPI is aligned on a durable bas
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RBI announces six key measures to strengthen India's banking, fintech, pay
Updated : 11 months, 1 week ago IST
In a move to strengthen India's financial ecosystem, Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday announced six additional measures focused on banking regulation, fintech, and payment systems.
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RBI should have gone for a deeper rate cut, say economists and industry le
Updated : 11 months, 1 week ago IST
The Reserve Bank of India's decision to cut repo rate by 25 basis points in its monetary policy review has drawn mixed reactions from industry experts, with many voicing expectations for a sharper reduction to better support economic growth.
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Inflation projected at 4% in FY25- 26, risk evenly balanced amid good mons
Updated : 11 months, 1 week ago IST
The Reserve Bank of India (RBI), in its monetary policy announcement on Wednesday, said that inflation is expected to remain under control in the financial year 2025-26.
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Amidst Tariff challenges, RBI revises growth expectation from 6.7 % to 6.5
Updated : 11 months, 1 week ago IST
India's real GDP is revised downwards to grow at 6.5 per cent in the current financial year 2025-26 from earlier expectation of 6.7 per cent, highlighted Reserve Bank of India (RBI) Governor Sanjay Malhotra during the policy announcement on Wednesday.
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EnKash Secures Prestigious PPI License, Strengthening Its Leadership in Co
Updated : 11 months, 1 week ago IST
Mumbai (Maharashtra) [India], April 9: EnKash, India's pioneering spend management and payments platform, has secured the coveted Prepaid Payment Instrument (PPI) license from the Reserve Bank of India (RBI). Since 2020, EnKash has been the only fintech to significantly scale the corporate c
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