Search For "rb"
PM Modi commends RBI's digital innovation as it bags Central Banking award
Updated : 1 year ago IST
Prime Minister Narendra Modi said digital innovation continues to strengthen India's financial ecosystem- empowering countless lives- as he commended the Reserve Bank of India for bagging the Digital Transformation Award 2025 from Central Banking, London, UK.
Read More
India's forex reserves soar USD 15.3 billion, highest weekly jump in over
Updated : 1 year ago IST
India's foreign exchange reserves had their highest weekly gains in over three years in the week ending March 7.
Read More
IndusInd bank is well-capitalised; No need for depositors to worry: RBI
Updated : 1 year ago IST
Amid the ongoing crisis in the IndusInd bank, the Reserve Bank of India (RBI) on Saturday released a statement stating that the bank is well capitalised and financially stable.
Read More
NBFC sector strengthens with RBIs positive stance and rate cut support for
Updated : 1 year ago IST
With stabilizing asset quality, improving liquidity, and emerging rate tailwinds, the sector is poised for steady growth. The overall macroeconomic environment is improving with increased government spending and RBI's measures to ease liquidity constraints.
Read More
Retail inflation to come below RBI's 4.4% estimates in Jan-Mar quarter at
Updated : 1 year ago IST
Consumer price index (CPI) or retail inflation is likely to undershoot the Reserve Bank's target in the January-March 2025 quarter, opening more policy space for easing the policy rate, Bank of Baroda said.
Read More
RBI may go for 75 bps rate cut this fiscal, 25 bps each in April, June and
Updated : 1 year ago IST
"With benign inflation this month and going forward, we expect a cumulative rate cut over the cycle could be at least 75 basis points, with successive rate cuts in next policy April and June 2025. With an intervening gap in Aug'25, the rate cuts cycle could restart from Oct'25, says the repo
Read More
Sa-Dhan and HSBC Expand Digital Financial Literacy in 7 States
Updated : 1 year ago IST
Mumbai (Maharashtra) [India], March 11: Sa-Dhan, an RBI-promoted Self-Regulating Organisation (SRO) of Microfinance and Impact Finance Institutions, revealed that its joint Digital Financial Inclusion Programme has widened the footprint of digital literacy across seven states in India, where
Read More
India best placed in Asia for growth outlook amid trade tensions: Morgan S
Updated : 1 year ago IST
Despite ongoing global trade tensions India is the best-positioned country in Asia for economic growth, according to a report by Morgan Stanley.
Read More
India forex reserves drop USD 1.8 billion to USD 639 billion in latest wee
Updated : 1 year ago IST
Foreign exchange reserves, or FX reserves, are assets held by a nation's central bank or monetary authority, primarily in reserve currencies such as the US Dollar, with smaller portions in the Euro, Japanese Yen, and Pound Sterling.
Read More
Banking Liquidity will come into a strong surplus by March end: UBI report
Updated : 1 year ago IST
The liquidity situation in India's banking sector is expected to improve significantly by the end of March 2025, with a shift towards a strong surplus, according to a research report by Union Bank of India.
Read More
RBI announces measures to manage liquidity conditions
Updated : 1 year ago IST
The Reserve Bank of India (RBI) on Wednesday said that it will infuse liquidity through Open Market Operations (OMO) purchases and USD/INR Buy/Sell swap auctions.
Read More
Klay Group Predicts a Market Rebound as Indian Equities Show Signs of Stab
Updated : 1 year ago IST
Mumbai (Maharashtra) [India], March 5: Klay Group anticipates a market rebound as Indian equities show signs of stabilization, offering investors a strategic opportunity amid the recent downturn. Indian equities are experiencing their longest losing streak in over two decades, with five cons
Read More