MUMBAI: RBI has acknowledged that government's ownership of public sector banks makes its risk management job easier. In its latest economic capital framework report, RBI notes that such ownership has…
Mumbai: RBI has eased investment restrictions for foreign portfolio investors in the corporate debt market. This move is likely to deepen market liquidity and align India more closely with global…
Govt has appointed PoonamGupta as deputy governor of RBIfor a three-year term beginning May 2. She fills the vacancy left after Michael Patra retired on Jan 15. Her entry has…
MUMBAI: India's forex reserves increased by $1.5 billion to $677.8 billion for the week ended April 11, RBI said on Friday. This is the sixth consecutive week of a rise.…
India’s economy is set to grow at 6.7% in the current fiscal year, driven by robust domestic demand, rising rural incomes, and moderating inflation, according to the Asian Development Bank’s…
The actual transmission of rate cuts works with a lag, and it usually takes a few months for loan borrowers to see a benefit. (AI image) Home loan borrowers have…
The MPC also decided to change the stance from neutral to accommodative. RBI MPC meeting: The Reserve Bank of India (RBI) governor Sanjay Malhotra announced that the Monetary Policy Committee…
RBI announces final redemption price of Sovereign Gold Bond 2016-17 Series IV The Reserve Bank of India (RBI) has declared the final redemption price for the Sovereign Gold Bond (SGB)…
MUMBAI: RBI has lifted restrictions it imposed on Kotak Mahindra Bank in April 2024, which had prevented it from on-boarding new customers through its online and mobile banking channels and…
MUMBAI: Forex reserves fell for the sixth consecutive week to a 10-month low of $625.9 billion as of Jan 10, declining by $8.7 billion in the week and $23.5 billion…