Search For "reserve bank"
Rupee stands out as top performer last week in Asia despite global FX vola
Updated : 2 months, 2 weeks ago IST
However, the Indian rupee witnessed heightened volatility during the week and appreciated ~1.27% last week after hitting fresh all-time lows of Rs 91.09 against USD on 16th Dec'25, influenced by weak global cues from the US, major central banks policy decisions, ongoing trade negotiations, a
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Year 2025 brought shift in global trade, focus on economic reforms to keep
Updated : 2 months, 3 weeks ago IST
A sustained focus on macroeconomic fundamentals and economic reforms is expected to keep the Indian economy on a high-growth trajectory despite rising global uncertainties, highlighted a report by the Reserve Bank of India.
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RBI may further cut repo rate by 25 bps to 5% in February policy meet: UBI
Updated : 2 months, 3 weeks ago IST
The Reserve Bank of India (RBI) may reduce the repo rate by 25 basis points (bps) in its February monetary policy meeting, taking the benchmark rate down to 5 per cent, according to a report by Union Bank of India.
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MPC likely to remain on extended pause; further rate cuts hinge on inflati
Updated : 2 months, 3 weeks ago IST
The Reserve Bank of India's Monetary Policy Committee (MPC) is likely to remain on an extended policy pause after its recent rate cut, with any further monetary easing contingent on inflation consistently undershooting its current trajectory, ICICI Bank's Economic Research Group has asserted
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Invesco cautiously optimistic on India's 2026 growth despite equity market
Updated : 2 months, 3 weeks ago IST
Despite equity market underperformance triggered by geopolitical tensions, global investment firm Invesco has expressed cautious optimism on India's economic outlook for 2026, citing progress on domestic reforms, scope for improved US-India relations and monetary easing by the Reserve Bank o
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HSBC India Expands its Presence in Madhya Pradesh, Opens New Branch in Ind
Updated : 2 months, 3 weeks ago IST
Indore (Madhya Pradesh) [India], December 17: HSBC India unveiled its new branch in Indore, Madhya Pradesh, marking a significant step in its strategic expansion across the country. This launch in Indore is the bank's 29th branch in India, following the Reserve Bank of India's approval ea
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Perfios Launches AI-Powered Operating System for BFSI, Spearheading Global
Updated : 2 months, 3 weeks ago IST
Bengaluru (Karnataka) [India], December 17: Perfios.ai, India's leading B2B SaaS TechFin, today announced the launch of its AI-Powered Real-Time Operating System for BFSI, an integrated suite of agentic platforms that work together as a unified intelligence layer, accelerating the industry's
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States raised Rs 15,330 crore through RBI's government securities auction
Updated : 2 months, 4 weeks ago IST
The Reserve Bank of India on Tuesday announced the results of the yield/price-based auction of State Government Securities (SGS), in which states and Union Territories collectively raised Rs 15,330 crore against the notified amount of Rs 17,850 crore, according to an official press release i
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HDFC Bank gets RBI nod to raise holding in IndusInd Bank up to 9.5%
Updated : 2 months, 4 weeks ago IST
HDFC Bank has received approval from the Reserve Bank of India (RBI) to allow its group entities to collectively hold up to 9.50 per cent stake in IndusInd Bank, the bank informed the stock exchange in a filing.
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Gross NPAs in outstanding education loans of public sector banks reduced t
Updated : 2 months, 4 weeks ago IST
Union Minister of State for Finance Pankaj Chaudhary, in a written reply to the Lok Sabha on Monday, said that in terms of outstanding education loans, the Gross Non-Performing Assets (NPA) of Public Sector Banks (PSBs) reduced from 7% in FY 2020-21 to 2% in FY 2024-25, thereby showing the s
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CBDCs more superior to Stablecoins as they satisfy all attributes of money
Updated : 3 months ago IST
Central Bank Digital Currencies (CBDCs) are digital tokens like Stablecoins, but they are inherently superior since they satisfy all the attributes that money should have, RBI Deputy Governor T Rabi Sankar argued.
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India's forex reserves rise by $1.03 billion to $687.26 billion
Updated : 3 months ago IST
India's foreign exchange reserves rose marginally, by USD 1.033 billion in the week that ended December 5 to USD 687.260 billion, driven by a jump in gold reserves, the Reserve Bank of India's latest 'Weekly Statistical Supplement' data showed.
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