SC dismisses plea alleging RBI exchanged money for separatists

The Supreme Court has dismissed a petition which alleged that the Reserve Bank of India (RBI) exchanged currency...

RBI likely to follow the path of shallow rate cut in Feb MPC meet

The Reserve Bank of India (RBI) may opt for shallow rate cuts in its upcoming Monetary Policy Committee (MPC)...

RBI lifts restrictions on Asirvad Micro Finance, DMI Finance

The Reserve Bank of India (RBI) has decided to lift restrictions placed on Asirvad Micro Finance and DMI Finance,...

India’s forex reserves continue to fall, kitty now 10% below peak

In the week that ended December 27, the country's foreign exchange kitty declined by USD 4.112 billion to USD...

RBI may reduce policy rates by 50 basis points

The Reserve Bank of India (RBI) is likely to cut policy rates by 50 basis points (bps) in the first half of 2025,...

Rupee will marginally depreciate against USD in CY25

The Indian Rupee (INR/RS) depreciated by 2.8 per cent in CY24 but still outperformed many of its peers. The Reserve...

Modi regime has created five time more employment than UPA

The government has significantly boosted employment in the past decade, creating nearly five times more jobs than...

RBI directs banks to implement beneficiary name look-up for RTGS

The Reserve Bank of India (RBI) has directed banks giving Real Time Gross Settlement (RTGS) and National Electronic...

Household debt in India has gone up in past three years: RBI

The Reserve Bank of India (RBI) has highlighted that while household debt in India has been on the rise over the...

Personal Loans and Services Sector are key drivers of banks cred

The Reserve Bank of India (RBI) has highlighted that bank credit growth in 2023-24 has been broad-based, with the...

RBI highlights NBFCs’ high dependence on banks

The Reserve Bank of India (RBI) has highlighted the need for Non-Banking Financial Companies (NBFCs) to diversify...

Demand for work under MGNREGA remained low in 2024

The demand for work under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) has remained subdued...