Search For "reserve bank"
Buy now pay later schemes, credit card spending reduce savings of youth: D
Updated : 1 year, 3 months ago IST
The "buy now, pay later" (BNPL) schemes and the credit card spending facilitate immediate consumption and reduce the savings of the younger generations, said Michael Debabrata Patra, Deputy Governor, Reserve Bank of India.
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Market ahead: Investors to focus on US Fed decision, FII inflows, global c
Updated : 1 year, 3 months ago IST
The participants in the Indian stocks markets will closely monitor various India Purchasing Managers' Index (PMI) of HSBC, US Fed interest rate decisions, foreign fund crude oil prices, and the action of newly appointed Reserve Bank of India (RBI) Governor, Sanjay Malhotra, according to t
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SCBs see a sharp drop in NPA ratio, falling to 2.67% in June 2024 from 11.
Updated : 1 year, 3 months ago IST
The gross nonperforming assets (NPA) ratio for scheduled commercial banks (SCBs) witnessed a significant reduction to 2.67 percent in June 2024 from 11.18 percent in March 2018, the Finance Ministry stated on Saturday.
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RBI raises collateral-free agricultural loan limit to Rs 2 lakh to support
Updated : 1 year, 3 months ago IST
The Reserve Bank of India (RBI) has announced an increase in the limit for collateral-free agricultural loans will be increased from Rs 1.6 lakh per borrower to Rs 2 lakh, effective from January 1, 2025.
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India's foreign exchange reserves decline again after one-off week rise
Updated : 1 year, 3 months ago IST
India's forex reserves have slumped nine out of the past 10 weeks, hitting a multi-month low.
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Fitch revises down India's 2024-25 GDP forecast to 6.4%
Updated : 1 year, 3 months ago IST
The downward revision from the rating agency came soon after the Reserve Bank in its latest monetary policy cut growth forecast to 6.6 per cent from 7.2 per cent.
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Reserve Bank of India receives bomb threat, probe underway
Updated : 1 year, 3 months ago IST
The Reserve Bank of India (RBI) in Mumbai received a bomb threat email on Friday, police said.
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CPI inflation in November at 5.48%; declines after three months of increas
Updated : 1 year, 3 months ago IST
India's retail inflation in November was at 5.48 per cent as compared to 6.21 per cent logged in October, falling in line with the Reserve Bank of India's 2-6 per cent comfort band.
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Policy continuity, inclusion and innovation will be priority: Sanjay Malho
Updated : 1 year, 3 months ago IST
Newly appointed Reserve Bank of India (RBI) Governor Sanjay Malhotra, in his first address on Wednesday, outlined the central bank's priorities under his leadership, emphasizing stability, financial inclusion, and technological innovation as the cornerstones of his governorship.
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Sanjay Malhotra takes charge as 26th RBI Governor for next 3 years
Updated : 1 year, 3 months ago IST
Sanjay Malhotra has officially taken charge as the 26th Governor of the Reserve Bank of India (RBI) on Wednesday.
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Economic Affairs Secretary Ajay Seth gets additional charge of Revenue Dep
Updated : 1 year, 3 months ago IST
With Revenue Secretary Sanjay Malhotra set to take charge as Reserve Bank of India Governor, the government has given the additional charge of the post to Economic Affairs Secretary Ajay Seth.
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"Inflation control the biggest challenge for new RBI governor," says Shakt
Updated : 1 year, 3 months ago IST
Restoring the inflation under the RBI target is the most important task ahead of the new RBI governor stated Shaktikanta Das, the outgoing Governor of the Reserve Bank of India (RBI), during his final address on Tuesday before stepping down from office.
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