Search For "reserve bank of india"
SBI transformed from being in loss in 2018 to USD 100 bn company, due to r
Updated : 4 months, 2 weeks ago IST
The State Bank of India (SBI) has transformed from being in loss in 2018 to now becoming a USD 100 billion company due to the regulatory and structural reforms implemented over the past decade by Reserve Bank of India (RBI), stated Governor Sanjay Malhotra.
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Higher dividend by RBI is likely to offset revenue loss due to GST rationa
Updated : 4 months, 2 weeks ago IST
The net revenue shortfall arising from the recent Goods and Services Tax (GST) rationalisation, estimated at around 0.1 per cent of GDP for the current fiscal, is expected to be offset by the higher dividend transfer from the Reserve Bank of India (RBI), noted a report by CareEdge Ratings.
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RBI may announce 25-50 bps rate cut amid softening inflation: Report
Updated : 4 months, 2 weeks ago IST
The Reserve Bank of India (RBI) may announce a rate cut of 25 to 50 basis points (bps) in the coming months as inflation continues to ease, supported by benign food prices and the impact of recent GST cuts, according to a report by Kotak Securities.
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India's forex reserves drop by $6.9 billion, still near record high of $70
Updated : 4 months, 3 weeks ago IST
India's foreign exchange reserves declined by USD 6.925 billion in the week that ended October 24 to USD 695.355 billion, driven by a slump in both foreign currency assets and gold reserves, the Reserve Bank of India (RBI) latest 'Weekly Statistical Supplement' data showed.
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619th meeting of Central Board of Directors of Reserve Bank of India held
Updated : 4 months, 3 weeks ago IST
The Board assessed the emerging global and domestic economic landscape, including the evolving geopolitical and financial market developments and associated challenges.
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RBI completes Underwriting Auction for Rs 32,000 cr Govt. Bonds, Green bon
Updated : 4 months, 3 weeks ago IST
The Reserve Bank of India (RBI) on Friday announced the results of the underwriting auction conducted on October 31, 2025, for Additional Competitive Underwriting (ACU) of select Government securities.
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Infibeam Avenues gets RBI nod to issue Prepaid Payment Instruments
Updated : 4 months, 3 weeks ago IST
Infibeam Avenues Ltd has received an 'In-Principle' authorization from the Reserve Bank of India (RBI) to issue Prepaid Payment Instruments (PPIs), the company said in its media release. The approval allows the fintech firm to move closer to offering a new line of digital payment solutions u
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RBI to auction Government Securities worth Rs 32,000 crore on October 31
Updated : 4 months, 3 weeks ago IST
The Reserve Bank of India (RBI), on behalf of the Government of India, has announced the sale (re-issue) of four dated Government Securities for a total notified amount of Rs 32,000 crore.
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India forex reserves climb to USD 702.28 billion, nearing record high
Updated : 4 months, 4 weeks ago IST
India's foreign exchange reserves rose by USD 4.5 billion in the week that ended October 17 to USD 702.280 billion, primarily driven by a rise in gold reserves, the Reserve Bank of India (RBI) said in its latest 'Weekly Statistical Supplement'.
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RBI approves reappointment of C S Rajan as Kotak Mahindra Bank's part-time
Updated : 4 months, 4 weeks ago IST
The Reserve Bank of India (RBI) has approved the reappointment of C S Rajan as Part-Time Chairman of Kotak Mahindra Bank Limited for another term beginning January 1, 2026, until October 21, 2027. The announcement was made by Kotak Mahindra Bank in an official press release, marking a contin
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Government Securities market grows over twofold to Rs1,812 lakh crore by 2
Updated : 5 months ago IST
The Government Securities (G-Sec) market has witnessed substantial growth over the past five years, expanding from Rs 769 lakh crore in calendar year (CY) 2019 to Rs 1,812 lakh crore in Calendar Year (CY) 2024, according to the Reserve Bank of India's Payment Systems Report for the half year
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RBI report highlights digital payment boom, UPI leads India's cashless tra
Updated : 5 months ago IST
India's digital payment ecosystem continues its rapid expansion, with the Unified Payments Interface (UPI) maintaining a dominant position in transaction volumes, according to the Reserve Bank of India's Payment Systems Report for the half year ended June 2025.
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