Search For "reserve bank"
Global spillovers, financial market, general risks increased, while macroe
Updated : 3 years, 2 months ago IST
The survey also showed respondents' confidence in the Indian financial system further improved with 93.6 per cent of them remaining fairly or highly confident of the stability of the Indian financial system. The 23rd round of the RBI's Systemic Risk Survey was conducted in November 2022 to s
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After a turbulent year for cryptocurrency, 2023 may see movement towards r
Updated : 3 years, 2 months ago IST
Reserve Bank of India has been forthright about its views on cryptocurrency and its Governor Shaktikanta Das said earlier this month that cryptocurrencies should be "prohibited" and that if they are allowed to grow "next financial crisis" will come from private cryptocurrencies.
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India's forex reserves decline by USD 691 million for week ending Dec 23
Updated : 3 years, 2 months ago IST
India's foreign exchange reserves fell by USD 691 million to USD 562.808 billion in the week that ended on December 23, Reserve Bank of India's Bulletin Weekly Statistical Supplement latest data showed.
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Overseas financial assets of Indian residents declined by USD 43.9 bn duri
Updated : 3 years, 2 months ago IST
According to the report, net claims of non-residents on India increased by USD 34.3 billion during second quarter (Q2) of 2022-23 and stood at USD 389.6 billion in September 2022.
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Indian economy facing strong global headwinds but strong fundamentals lend
Updated : 3 years, 2 months ago IST
The Indian economy is confronting strong global headwinds but sound macroeconomic fundamentals and healthy financial and non-financial sector balance sheets are providing strength and resilience and financial system stability, said RBI in its Financial Stability Report on Thursday.
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India's current account deficit widens in July-September quarter: RBI data
Updated : 3 years, 2 months ago IST
India's current account balance recorded a deficit of USD 36.4 billion (4.4 per cent of GDP) in Q2 of 2022-23 (July-September), up from USD 18.2 billion (2.2 per cent of GDP)1 in Q1 (April-June), RBI's balance of payments (BoP) data showed on Thursday.
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RBI imposes penalty on Mynd Solutions over non-compliance of guidelines
Updated : 3 years, 2 months ago IST
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1,390,000 on Mynd Solutions Private Limited (the entity) for not complying with the Guidelines on Trade Receivables Discounting System (TReDS).
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Consolidated balance sheet of scheduled commercial banks registered double
Updated : 3 years, 2 months ago IST
The consolidated balance sheet of scheduled commercial banks (SCBs) has registered double-digit growth in 2021-22, after a gap of seven years, said the Reserve Bank of India.
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Private cryptocurrencies have no underlying, it is speculative activity wh
Updated : 3 years, 2 months ago IST
The government believes any legislation for regulation or for banning can be effective only with significant international collaboration on evaluating the risks and benefits and evolution of common taxonomy and standards.
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India's forex reserves dip after rising for five straight weeks
Updated : 3 years, 2 months ago IST
Breaking the trend of the fifth consecutive week of rising foreign exchange reserves, they fell by USD 571 million to USD 563.499 billion in the week that ended on December 16, Reserve Bank of India's Bulletin Weekly Statistical Supplement data showed on Friday.
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SC verdict on January 2 on pleas against Centre's demonetisation decision
Updated : 3 years, 2 months ago IST
The Supreme Court will pronounce on January 2 its verdict on a batch of petitions challenging the decision taken by the Union government in 2016 to demonetise the currency notes of Rs 500 and Rs 1,000 denominations.
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Continued monetary policy tightening necessary: RBI MPC member Shashanka B
Updated : 3 years, 3 months ago IST
Continued monetary policy tightening is needed to achieve moderation in the inflationary pressures, Reserve Bank of India's Monetary Policy Committee member Shashanka Bhide said during the latest policy meeting held this month.
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