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RBI should deliver additional 50bps cuts over next 12 months & depart from
Updated : 3 months, 3 weeks ago IST
The Reserve Bank of India (RBI) should move away from its recent neutral policy stance and deliver an additional 50 basis points of rate cuts over the next 12 months, according to a report by Amundi, a French asset management company.
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PayU Receives RBI Approval to Operate as Online, Offline and Cross-Border
Updated : 3 months, 3 weeks ago IST
Mumbai (Maharashtra) [India], November 17: PayU, India's leading diversified fintech platform, has received integrated authorization from the Reserve Bank of India (RBI) to operate as a Payment Aggregator across online, offline (physical) and cross-border transactions, including both Inward
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RBI's share in outstanding govt securities rises, bond yields likely to st
Updated : 3 months, 4 weeks ago IST
The Reserve Bank of India's (RBI) share in the outstanding government securities (G-secs) has seen a noticeable rise over the past year.
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India's forex reserves drop further, by $2.7 billion to $687 billion in la
Updated : 3 months, 4 weeks ago IST
India's foreign exchange reserves declined by USD 2.699 billion in the week that ended November 7 to USD 687.034 billion, driven by a slump in both foreign currency assets and gold reserves, the Reserve Bank of India's latest 'Weekly Statistical Supplement' data showed.
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RBI announces trade relief measures to ease exporters' burden amid global
Updated : 4 months ago IST
In a significant move aimed at cushioning Indian exporters from the impact of global trade disruptions, the Reserve Bank of India (RBI) on Friday introduced a series of regulatory relaxations and relief measures.
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Recent Gold rally signals positive year ahead for equities: Report
Updated : 4 months ago IST
A rally in gold prices could be setting the stage for a positive phase in Indian equities over the next 12 months, according to a report by JM Financial.
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RBI Auction: Nine states raise Rs 15,560 crore; Tamil Nadu skips 15-year s
Updated : 4 months ago IST
The Reserve Bank of India (RBI) on Tuesday announced the results of the yield and price-based auction of state government securities (SGSs), through which nine states and union territories raised a total of Rs 15,560 crore against a notified amount of Rs 16,560 crore.
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Countries that use technology responsibly like India will shape future of
Updated : 4 months ago IST
India's experience in digitisation shows that countries that harness technology with foresight and responsibility will not only adapt to change but shape it, T Rabi Sankar, Deputy Governor, Reserve Bank of India, said.
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India's forex reserves drop further, but still around record high of $704.
Updated : 4 months ago IST
India's foreign exchange reserves declined by USD 5.623 billion in the week that ended October 31 to USD 689.733 billion, driven by a slump in both foreign currency assets and gold reserves, the Reserve Bank of India's latest 'Weekly Statistical Supplement' data showed.
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SBI transformed from being in loss in 2018 to USD 100 bn company, due to r
Updated : 4 months, 1 week 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, 1 week 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, 1 week 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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