Search For "rbi"
Delhi: Fire safety lapses delay certificate renewal for key Govt buildings
Updated : 1 year ago IST
The renewal of Fire Safety Certificates (FSC) for several significant buildings, including the Old Parliament Complex, the Reserve Bank of India (RBI) building, and some parts of Bharat Mandapam at Pragati Maidan, has been delayed due to unresolved fire safety concerns.
Read More
Indian economy continues to demonstrate resilience amidst global volatilit
Updated : 1 year ago IST
The Indian economy continues to demonstrate resilience amid volatility in global markets, the RBI said in its monthly report on Wednesday. It pointed to the robust performance of the agriculture sector and improving domestic consumption.
Read More
Urban Cooperative Banks must be mindful of trust reposed by depositors: RB
Updated : 1 year ago IST
Urban Cooperative Banks need to be mindful of their responsibilities, particularly the trust reposed on them by the depositors, said RBI Governor Sanjay Malhotra.
Read More
BRISKPE Secures RBI's In-Principle Authorisation to Operate as PA-CB for E
Updated : 1 year ago IST
Mumbai (Maharashtra) [India], March 19: BRISKPE, a Prosus-backed cross-border payments platform, has reached a major milestone by securing the Reserve Bank of India's (RBI) in-principle Payment Aggregator - Cross Border (PA-CB) authorisation. The authorisation enables BRISKPE to operate as a
Read More
Despite global turbulence Increased public spending is likely to drive eco
Updated : 1 year ago IST
However, external risks will require close monitoring, the global economy is facing significant turbulence due to an ongoing tariff war, causing fluctuations in growth, inflation, and financial markets, however, despite these challenges, Indian firms have shown improvement in sales and profi
Read More
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