RBI releases the Financial Stability Report, June 2022

New Delhi [India], June 30 (ANI): Reserve Bank of India (RBI) released the 25th issue of the Financial Stability...

Cryptocurrencies are a clear danger: RBI Governor

Mumbai (Maharashtra) [India], June 30 (ANI): Cryptocurrencies are a clear danger and anything that derives value...

Fleet operators in expansion lane despite higher interest rates

New Delhi [India], June 30 (ANI): Fleet operators are likely to continue adding to their fleet size this financial...

Bank deposit growth moderated year-on-year in March, says

New Delhi [India], June 29 (ANI): Bank deposit growth has moderated year-on-year to 10.0 per cent in March 2022 as...

RBI imposes penalty on The Tiruchengode Co-operative Urban Bank

New Delhi [India], June 28 (ANI): The Reserve Bank of India (RBI) has imposed a penalty of Rs 10 lakh on The...

ICRA sees India's policy rate hike shallower than US

New Delhi [India], June 27 (ANI) Given the uneven domestic economic recovery, and a relatively larger output gap...

India's forex reserves dip by $5.9 billion to $590.59 billion

Mumbai (Maharashtra) [India], June 25 (ANI): India's foreign exchange (forex) reserves slumped by $5.87 billion to...

RBI imposes monetary penalty on Indian Overseas Bank

Mumbai (Maharashtra) [India], June 24 (ANI): The Reserve Bank of India (RBI) said on Friday it has imposed a...

RBI extends card tokenisation deadline by three months

Mumbai (Maharashtra) [India], June 24 (ANI): The Reserve Bank of India (RBI) on Friday announced an extension of the...

Inflation to remain higher than RBI tolerance level till Dec: Das

New Delhi [India], June 24 (ANI): India's headline inflation is expected to remain higher than the Reserve Bank of...

India's economic prospects challenged by Russia-Ukraine war

New Delhi [India], June 24 (ANI): The ongoing geopolitical developments in Ukraine have challenged India's economic...

RBI drafts plan on outsourcing of IT services by banks, NBFCs

New Delhi [India], June 24 (ANI): In order to ensure effective management of risks in outsourcing of IT activities...