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RBI report shows India's forex reserves cover stands at 11.2 months of imp
Updated : 1 year, 4 months ago IST
The Reserve Bank of India (RBI) in its latest report stated that the country's foreign exchange reserves cover of imports (on balance of payments basis) stood at 11.2 months
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Digital technologies are widening gap between capital and labour returns:
Updated : 1 year, 7 months ago IST
Between 2013 and 2019, the financial sector saw a decrease in employees in support roles across many countries, with a concurrent rise in the number of professionals and technicians.
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India accounts for nearly half of the global digital payments: RBI report
Updated : 1 year, 7 months ago IST
India holds 48.5 per cent share in the global real-time payments volume, according to the Reserve Bank of India (RBI) report released on Monday
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India is on the cusp of a long-awaited economic takeoff: RBI
Updated : 1 year, 9 months ago IST
Reserve Bank of India stated, "Internationally there is a growing optimism that India is on the cusp of a long-awaited economic takeoff."
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Bad assets of banks continue to decline, Indian economy remains resilient:
Updated : 2 years, 2 months ago IST
Reserve Bank of India on Thursday released the 28th issue of the Financial Stability Report, December 2023 reflecting the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) on risks to financial stability and the resilience of the Indian fina
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States' fiscal health has improved from sharp pandemic-induced deteriorati
Updated : 3 years, 1 month ago IST
The report said that gross fiscal deficit (GFD) is budgeted to decline from 4.1 per cent of gross domestic product (GDP) in 2020-21 to 3.4 per cent in 2022-23.
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Indian economy facing strong global headwinds but strong fundamentals lend
Updated : 3 years, 2 months ago IST
The Indian economy is confronting strong global headwinds but sound macroeconomic fundamentals and healthy financial and non-financial sector balance sheets are providing strength and resilience and financial system stability, said RBI in its Financial Stability Report on Thursday.
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RBI report on inflation mandate failure cannot be made made public, govern
Updated : 3 years, 3 months ago IST
Union minister of state in the ministry of finance Pankaj Chaudhary on Monday informed Lok Sabha that the relevant section of the RBI Act, 1934, does not provide provisions to the Reserve Bank of India for making the report, which was written to the Centre after having failed to fulfil its i
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Karnataka has highest installed grid-interactive renewable power capacity
Updated : 3 years, 3 months ago IST
Tamil Nadu, with 15,225 mw, came at the second; Gujarat, with 13,153 mw, was at third position while Maharashtra, with 10,267 mw, was at the fourth, according to Handbook of Statistics on Indian States 2021-22, which was the seventh edition of its statistical publication, released by the Res
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Rapid growth of urbanisation in India not matched by urban infra developme
Updated : 3 years, 4 months ago IST
In the 'Report on Municipal Finances' by the Reserve Bank of India (RBI) released recently, it said while the size of the municipal budgets in India is much smaller than peers in other countries, revenues are dominated by property tax collections and devolution of taxes and grants from upper
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Listing of municipal bonds needed to fund local bodies: RBI report
Updated : 3 years, 4 months ago IST
RBI said in a report for policies to improve the environment for financial investment through sound and efficient regulation, greater transparency, and better governance can help nurture a vibrant municipal bond market. Listing municipal bonds in the stock exchanges can pave the way for deve
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Gradual approach to bank privatisation would result in better outcomes: RB
Updated : 3 years, 6 months ago IST
Mumbai (Maharashtra) [India], August 19 (ANI): The Reserve Bank of India (RBI) on Friday issued a clarification on a report related to privatisation of public sector banks, as published in August 2022 issue of the RBI Bulletin, saying it does not represent the central bank's views.
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