India's foreign exchange reserves surge to touch another peak

In the week that ended on July 19, the foreign exchange kitty rose by USD 4.19 billion to USD 670.857 billion,...

RBI unveils new corrective action framework for UCBs

For urban cooperative banks that are weak or are experiencing financial stress, the RBI had issued a supervisory...

RBI has proposed a higher liquidity coverage ratio

The Reserve Bank of India (RBI) has issued a draft circular on the Basel III framework regarding liquidity...

Budget may see a mild increase in Capex: Emkay

The fiscal buffer from the Reserve Bank of India's (RBI) excess dividend, amounting to 0.4 per cent of GDP, is...

India's forex reserves hit record USD 666.85 Billion

India's foreign exchange reserves have surged to a record high, reaching a new peak of USD 666.85 billion, according...

10 banks/NBFCs had minor disruptions due to Microsoft outage: RBI

The Reserve Bank of India has asserted that its assessment showed that only 10 banks and NBFCs had minor disruptions...

India to triple its electronic production by 2025-26: RBI

India's electronic produce has surged to 3 per cent of GDP in 2023-24, highlighted the July 2024, monthly bulletin...

Long a period for the food price shock be called transitory: RBI

Faced with food inflation remaining at elevated levels consistently, the Reserve Bank of India on Thursday said that...

BWR approved by RBI for Bank Risk-Weighting Claims

Bengaluru (Karnataka) [India], July 16: The Reserve Bank of India (RBI) has permitted banks to use the ratings of...

RBI mandates banks to set up committees for inspection of fraud cases

As per the revised directions of Reserve Bank of India (RBI), the lenders have to issue a detailed show-cause...

India can become world's 2nd largest economy by 2031: RBI DG

India can become the second largest economy by 2031 and the largest economy in the world by 2060, said Michael...

Jio Financials gets RBI nod to become Core Investment Company

Jio Financial Services has received the nod from the Reserve Bank of India (RBI) to convert into a Core Investment...