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With healthier balance sheets, banks are supporting credit growth: RBI Fin
Updated : 1 year, 8 months ago IST
The global economy is currently facing significant risks stemming from ongoing geopolitical tensions, high levels of public debt, and slow progress in reducing inflation, according to the Reserve Bank of India's (RBI) 29th Financial Stability Report (FSR) released on Thursday.
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Indian government bonds in JP Morgan Govt bond Index from June 28th
Updated : 1 year, 8 months ago IST
Indian Government Bonds are set to be included in the JP Morgan Government Bond Index, Emerging Market (GBI-EM) from June 28. The inclusion will take place over a period of 10 months starting June 28, 2024, through to March 31, 2025.
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"India is at the threshold of a major structural shift in its growth traje
Updated : 1 year, 8 months ago IST
Mumbai (Maharashtra) [India], June 26: India is at the threshold of a major structural shift in its growth trajectory, moving towards 8 percent GDP growth in a sustained manner, said RBI Governor Shaktikanta Das. He was speaking at the 188th AGM of Bombay Chamber of Commerce & Industry.
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India's overseas assets increased more than its foreign liabilities in FY2
Updated : 1 year, 8 months ago IST
India's financial position with the rest of the world improved over the year. The country increased its overseas assets more than it increased its foreign liabilities, largely due to a rise in reserve assets, according to a data by Reserve Bank of India.
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India moving towards 8 pc GDP growth, RBI confident of 7.2 pc growth in FY
Updated : 1 year, 8 months ago IST
India is at the threshold of a major structural shift in its growth trajectory, highlighted Shaktikanta Das, Reserve Bank of India Governor, on Tuesday during his address at the 188th AGM (Annual General Meeting) of Bombay Chamber of Commerce & Industry.
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From deficit to surplus, India's current account registers a surplus of US
Updated : 1 year, 8 months ago IST
India's current account balance registered a surplus of USD 5.7 billion, equivalent to 0.6 per cent of GDP, in the fourth quarter of the financial year 2023-24, highlighted data from RBI.
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India's gold demand cools post-festival as prices surge and RBI hits recor
Updated : 1 year, 9 months ago IST
According to WGC press release, despite this pause, the gold market remains robust with significant movements in prices, imports, and investor activity.
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Reserve Bank of India announces URL change for 'Database on Indian Economy
Updated : 1 year, 9 months ago IST
According to RBI press release, the domain address for accessing the DBIE portal will be changed to https://data.rbi.org.in.
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"India's domestic financial system is now in a much stronger position": RB
Updated : 1 year, 9 months ago IST
Das said, "India's domestic financial system is now in a much stronger position than it was before we entered the period of the COVID crisis. Indian financial system is now in a much stronger position, characterized by robust capital adequacy, low levels of non-performing assets, and healthy
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Prospects for Indian agriculture are brightening: RBI monthly bulletin
Updated : 1 year, 9 months ago IST
The prospects for Indian agriculture are brightening with the early landfall of the southwest monsoon, highlights the monthly bulletin released by the Reserve Bank of India (RBI) on Wednesday.
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"Forex reserve and financial stability gave confidence to international in
Updated : 1 year, 9 months ago IST
"Forex reserve and financial stability gave confidence to International Investors", he noted.
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Akme fintrade Ltd. India Ltd. IPO ( Aasaan Loans IPO) opens on 19 th June,
Updated : 1 year, 9 months ago IST
New Delhi [India], June 17: Akme Fintrade (India) Limited is a RBI registered, leading Non-Banking Finance Company (NBFC) established in 1996. The IPO opens on 19 th June 2024 and closes 21st June 2024. It is a fresh issue of 11, 00,000 shares. Book Built issue aggregating up to 132 cr.
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