Reserve Bank of India (RBI) Governor Sanjay Malhotra, has welcomed National Statistical Office (NSO) under Ministry of Statistics and Programme Implementation's (MoSPI) base year revision of key economic indicators -- Consumer Price Index (CPI), Gross Domestic Product (GDP), and Index of Ind
Bank credit also witnessed a notable increase. Non-food bank credit of all scheduled banks climbed to Rs 208.14 lakh crore as on December 31, 2025, compared with Rs 201.81 lakh crore on December 15, 2025 and Rs 181.95 lakh crore in late December 2024. Loans, cash credits and overdrafts forme
SMBC is currently carrying on banking business in India in branch mode through its four branches located in New Delhi, Mumbai, Chennai and Bengaluru. The 'in-principle' approval has been granted to the bank for setting up a WOS through conversion of its existing branches in India, RBI said i
"Since 2004, licensing for Urban Co-operative Banks (UCBs) had been paused. Considering the positive developments in the sector during the last two decades and in response to the growing demand from the stakeholders, we propose to publish a discussion paper on licensing of new UCBs," RBI sai
Ajayan acknowledged the government's efforts in placing women at the centre of policy design through initiatives such as Jan Dhan Yojana, Mudra loans and DBT-linked welfare schemes. However, she stressed that the next big leap must come from gender-disaggregated data, especially in financial
Consumer inflation for the fourth quarter of the current financial year FY26 is expected to remain at 2.6 per cent, which is below the Reserve Bank of India's (RBI) projection of 2.9 per cent, highlighted a report by Union Bank of India.
Addressing financial stability concerns, Murmu flagged emerging systemic risks from increased reliance on cloud services, algorithms, and third-party technology providers. He stressed that accountability for technological outcomes must remain firmly with regulated entities, even when operati
The Reserve Bank of India (RBI) may now have to conduct more Open Market Operations (OMOs) to keep bond prices in check and manage liquidity conditions effectively, highlighted a report by State Bank of India (SBI).
Bengaluru (Karnataka) [India], January 13: Innoviti Technologies, India's leading payments-centric retail SaaS platform, has been granted a Certificate of Authorization by the Reserve Bank of India (RBI) to operate as a Payment Aggregator under the Payments and Settlement Systems Act, 2007.
Headline inflation in December 2025 increased by 62 basis points relative to November 2025. Inflation remained below the Reserve Bank of India's medium-term target of 4% for the 11th straight month.
Speaking at the Third Annual Global Conference of the College of Supervisors in Mumbai, RBI Deputy Governor Swaminathan J said that traditional indicators such as capital adequacy and liquidity are no longer sufficient to assess the health of banks in a technology-driven environment.
India's foreign exchange reserves dropped sharply, by USD 9.809 billion in the week that ended January 2 to USD 686.801 billion, driven by a slump in both gold reserves and foreign currency assets, the Reserve Bank of India's latest 'Weekly Statistical Supplement' data showed.