States' consolidated gross fiscal deficit increased to 3.3 per cent of gross domestic product (GDP) in 2024-25, after remaining below 3.0 per cent during the previous three consecutive years, Reserve Bank's annual publication "State Finances: A Study of Budgets" noted.
The Reserve Bank of India (RBI) has decided to conduct a set of operations to inject liquidity into the banking system, after having a review of current liquidity and financial conditions.
The Central Government has officially approved wage and pension revisions for employees and retirees of Public Sector General Insurance Companies (PSGICs), the National Bank for Agriculture and Rural Development (NABARD), and the Reserve Bank of India (RBI).
India has made significant progress in expanding its power generation capacity over the last five years, with installed power capacity rising by nearly 36 per cent, largely driven by rapid growth in renewable energy, according to a report released by the Reserve Bank of India (RBI).
The policy focus on maintaining a balance between consumer protection, innovation, and a prudent regulatory approach will help support long-term economic growth in India, according to a report by the Reserve Bank of India (RBI).
On the domestic banking scenario, Setty said credit growth remains robust despite concerns around liquidity. Citing Reserve Bank of India (RBI) data for December, he said, "bank credit growth has been in the range of 12-13 per cent, which is in line with nominal GDP growth of around 9-10 per
Reserve Bank of India is expected to keep key policy rates unchanged at its upcoming monetary policy review meeting, slated during February 4-6, 2026, according to Crisil.
India's foreign exchange reserves rose marginally, by USD 392 million in the week that ended January 9, to USD 687.193 billion, driven by a jump in gold reserves while foreign currency assets dropped, the Reserve Bank of India's latest 'Weekly Statistical Supplement' data showed. This follow
In a post on social media platform X, Gor said, "Very much enjoyed meeting RBI Governor Sanjay Malhotra. We discussed areas of increased cooperation, including new state-of-the-art U.S. technology."
Reserve Bank of India (RBI) Governor Sanjay Malhotra, has welcomed National Statistical Office (NSO) under Ministry of Statistics and Programme Implementation's (MoSPI) base year revision of key economic indicators -- Consumer Price Index (CPI), Gross Domestic Product (GDP), and Index of Ind
Consumer inflation for the fourth quarter of the current financial year FY26 is expected to remain at 2.6 per cent, which is below the Reserve Bank of India's (RBI) projection of 2.9 per cent, highlighted a report by Union Bank of India.
The Reserve Bank of India (RBI) may now have to conduct more Open Market Operations (OMOs) to keep bond prices in check and manage liquidity conditions effectively, highlighted a report by State Bank of India (SBI).