Search For "the reserve bank of india"
PayU Receives Final Authorization from The RBI to Operate as an Online Pay
Updated : 10 months, 2 weeks ago IST
Mumbai (Maharashtra) [India], May 14: PayU, one of India's leading online payments services providers, has announced that it has received the final authorization from the Reserve Bank of India (RBI) to operate as an Online Payment Aggregator under the Payment and Settlement Systems Act, 2007
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RBI imposes Rs 1.72 crore penalty against SBI for certain non-compliances
Updated : 10 months, 2 weeks ago IST
The Reserve Bank of India (RBI) has penalised the State Bank of India with Rs 1.72 crore for non-compliance with certain directions.
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India's forex reserves fell USD 2.06 billion after extending gains for eig
Updated : 10 months, 2 weeks ago IST
India's foreign exchange reserves (Forex) fell USD 2.06 billion to USD 686.06 billion in the week that ended on May 2, after extending gains for the eighth straight week, official data released by the Reserve Bank of India (RBI) this week showed.
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SBI research predicts aggressive rate cuts by RBI in FY26 amid benign infl
Updated : 10 months, 3 weeks ago IST
The Reserve Bank of India (RBI) is likely to have an aggressive rate cut trajectory for the current fiscal year (FY26), driven by the significant moderation in inflation, said SBI Research on Monday.
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India's forex reserves climb for 8th straight week, rise by USD 1.98 billi
Updated : 10 months, 3 weeks ago IST
India's foreign exchange reserves (Forex) rose by USD 1.983 billion to USD 688.129 billion in the week that ended on April 25, extending gains for the eighth straight week, official data released by the Reserve Bank of India (RBI) this week showed.
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RBI reshuffles deputy governor portfolios following Poonam Gupta's appoint
Updated : 10 months, 3 weeks ago IST
The Reserve Bank of India (RBI) announced a redistribution of portfolios among its Deputy Governors on Friday with immediate effect, following the appointment of Dr Poonam Gupta as Deputy Governor on April 2.
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S&P lowers India's growth forecast, second time in two months over US
Updated : 10 months, 3 weeks ago IST
The Reserve Bank of India also recently lowered the growth forecast for the current fiscal 2025-26 to 6.5 per cent from 6.7 per cent, amid uncertainties arising from trade worries following the reciprocal tariffs announced by the US.
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RBI instructs all banks, financial companies, and other regulated entities
Updated : 11 months ago IST
The Reserve Bank of India (RBI) has given clear instructions that from May 1, 2025, all banks, financial companies, and other regulated entities must use the PRAVAAH portal to submit any applications for authorisations, licenses, and approvals.
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India's forex reserve rises for 7th week, gradually climbing towards all-t
Updated : 11 months ago IST
India's foreign exchange reserves rose USD 8.310 billion to USD 686.145 billion in the week that ended on April 18, extending gains for the seventh straight week, official data released by the Reserve Bank of India (RBI) this week showed.
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Worried About Market Volatility? Lock in Shriram Unnati FD's High Rates Wh
Updated : 11 months ago IST
Mumbai (Maharashtra) [India], April 25: While President Trump's 90-day tariff pause has come as a welcome respite for volatile equity markets, the fact that there continues to be policy uncertainty will mean that business investment is likely to be sluggish in the near-future. This increa
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World Bank lowers India growth forecast for 2025-26 by 40 basis points to
Updated : 11 months ago IST
The Reserve Bank of India also recently lowered the growth forecast for the current fiscal 2025-26 to 6.5 per cent from 6.7 per cent, amid uncertainties arising from trade wars following the reciprocal tariffs announced by the US.
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T. Rabi Sankar RBI Deputy Governor term extended by a year
Updated : 11 months, 1 week ago IST
The Appointments Committee of the Cabinet (ACC) has approved the reappointment of T. Rabi Sankar as Deputy Governor of the Reserve Bank of India (RBI) for a period of one year.
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