Search For "rbi"
After strict regulations in 2023 & 2024, RBI's Policy shift boosts Ban
Updated : 1 year ago IST
After a period of strict regulations in 2023 and 2024, the Reserve Bank of India (RBI) has now shifted its stance, benefiting the banking sector in a significant way, according to a report by CLSA Research.
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RBIs new governor adopting a more consultative approach in decision making
Updated : 1 year ago IST
The Reserve Bank of India (RBI) has adopted a more consultative approach under its new Governor, as reflected in its recent decision to roll back the increase in risk weightage on loans to Non-Banking Financial Companies (NBFCs) and Microfinance Institutions (MFIs), according to a report by
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RBI launches Financial Literacy Week 2025 with a focus on women's prosperi
Updated : 1 year ago IST
The event was inaugurated by RBI Governor Sanjay Malhotra, who emphasised the importance of empowering women to play a significant role in driving the country's inclusive and sustained economic growth.
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India forex reserves snap three-week gains; decline USD 2.5 billion in lat
Updated : 1 year, 1 month ago IST
India's foreign exchange reserves slumped in the week that ended on February 14, reversing the gains it had extended in the past three weeks.
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Former RBI Governor Shaktikanta Das appointed Principal Secretary II to Pr
Updated : 1 year, 1 month ago IST
"The Appointments Committee of the Cabinet has approved the appointment of Shaktikanta Das, IAS (Retired) (TN:80) as Principal Secretary-2 to Prime Minister with effect from the date he assumes office," said the notification.
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SATYA MicroCapital Ltd. Re-appoints Former Executive Director, RBI - Surek
Updated : 1 year, 1 month ago IST
New Delhi [India], February 22: During the course of its recently organized 2nd Extraordinary General Meeting (EGM), SATYA MicroCapital Limited has confirmed the appointment of Surekha Marandi, Former ED - Reserve Bank of India & renowned Financial Inclusion Expert as its Independent Dir
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Budget proposals on agriculture, fiscal consolidation commitment positive
Updated : 1 year, 1 month ago IST
The budget proposals on agriculture and the commitment to fiscal consolidation, among others, are positive for price stability and would help to anchor inflation expectations over the medium term, RBI Governor Sanjay Malhotra said, as per the minutes of the latest monetary policy review meet
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Financial institutions must invest in digital infrastructure to stay compe
Updated : 1 year, 1 month ago IST
Financial institutions must invest in digital infrastructure and adopt a data-driven, customer-centric approach to remain competitive in the evolving financial landscape, said M. Rajeshwar Rao, Deputy Governor of the Reserve Bank of India (RBI).
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Indian banks to face margin squeeze as RBI may go for more rate cuts
Updated : 1 year, 1 month ago IST
NIMs at the six largest private and state-owned banks have been under stress as deposit rates caught up with lending rates over the past few quarters. However, strong credit demand has helped these banks maintain growth.
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High-frequency indicators show pick-up in economic momentum during H2-2024
Updated : 1 year, 1 month ago IST
High-frequency indicators point towards a sequential pick-up in the momentum of economic activity during the second half of 2024-25, which is likely to sustain moving forward, RBI said on Wednesday in its monthly bulletin.
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Indian economy to grow between 6.2-6.3% in Oct-Dec quarter: SBI estimates
Updated : 1 year, 1 month ago IST
The Indian economy grew by 5.4 per cent in real terms in the July-September quarter of the current financial year 2024-25. The quarterly growth was much lower than RBI's forecast of 7 per cent. In the April-June quarter too, India's GDP grew at a slower pace than was estimated by the central
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Indian Rupee likely to trade in 86.5-87.5/USD range in near term, RBI to k
Updated : 1 year, 1 month ago IST
The Indian Rupee (INR) is expected to trade within the range of 86.5 to 87.5 per US dollar in the near term, with the Reserve Bank of India (RBI) likely to keep its intervention limited, according to a recent report by Bank of Baroda.
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