Balance sheet of SCBs at double-digit growth after 7 yrs in FY22

The consolidated balance sheet of scheduled commercial banks (SCBs) has registered double-digit growth in 2021-22,...

Private cryptocurrencies have no underlying: RBI Governor

The government believes any legislation for regulation or for banning can be effective only with significant...

India's forex reserves dip after 5th straight week rise

Breaking the trend of the fifth consecutive week of rising foreign exchange reserves, they fell by USD 571 million...

SC verdict on January 2 on pleas against Centre's demonetisation

The Supreme Court will pronounce on January 2 its verdict on a batch of petitions challenging the decision taken by...

Continued monetary policy tightening necessary: RBI MPC's Bhide

Continued monetary policy tightening is needed to achieve moderation in the inflationary pressures, Reserve Bank of...

Worldline ePayments gets in-principle payment aggregator licence

Digital payments services platform Worldline ePayments India on Wednesday said it has received in-principle approval...

Premature pause in monetary policy action may prove costly: RBI

Raising interest rates typically cool demand in the economy, thereby putting a brake on inflation.

Inflation in India down but 'certainly not out': RBI monthly...

Inflation in India has moderated recently but it is "certainly not out", said the Reserve Bank of India's monthly...

India's forex reserves rise for 5 consecutive weeks

India's foreign exchange reserves during the week that ended on December 9 rose by USD 2.91 billion to USD 564.07...

Efforts taken to check cheating by Chinese loan apps: Sitharaman

Union finance minister Nirmala Sitharaman on Friday, while participating in the Zero Hour session in the Rajya...

Razorpay to pause onboarding merchants after RBI advisory

The Reserve Bank of India has suggested that fintech solutions firm Razorpay temporarily pause onboarding fresh...

We will be lucky if we get 5 pc growth next year: Ex-RBI guv

While talking with Congress leader Rahul Gandhi, the former governor of the Reserve Bank of India said, "India is...