Tag: rbi

Effective fiscal-monetary coordination was core for India's success amid a series of adverse shocks: RBI Governor
Posted in Economy

Effective fiscal-monetary coordination was core for India’s success amid a series of adverse shocks: RBI Governor

Reserve Bank of India (RBI) Governor Shaktikanta Das emphasized the critical role of fiscal-monetary coordination in navigating India through a series of external economic shocks….

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Indian economy’s road to recovery? Private consumption driving domestic demand again, says RBI
Posted in Economy

Indian economy’s road to recovery? Private consumption driving domestic demand again, says RBI

In India, the “slack in speed” observed in the second quarter of 2024-25 is behind us as private consumption is back to being the driver…

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Follow KYC guidelines or face regulatory action: RBI DG to banks
Posted in Economy

Follow KYC guidelines or face regulatory action: RBI DG to banks

Mumbai: RBI Deputy Governor Swaminathan J has asked banks to follow KYC guidelines with both “precision and empathy”, failing which regulatory actions will be taken…

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Reserve Bank of India (RBI) Governor Shaktikanta Das. (File image)(REUTERS)
Posted in Business

RBI governor Shaktikanta Das’s term likely to be extended further: Report

The central government is likely to extend the term of RBI governor Shaktikanta Das, news agency Reuters reported, quoting sources aware of the development. If…

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Govt pushes back on key RBI proposals fearing hit to credit growth
Posted in Economy

Govt pushes back on key RBI proposals fearing hit to credit growth

The Indian government is pushing back on two key proposals of the central bank, which will require banks to set aside more funds for infrastructure…

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RBI prepares booklets in Santali language to create financial awareness among tribals
Posted in Economy

RBI prepares booklets in Santali language to create financial awareness among tribals

Bhubaneswar: To create financial literacy awareness among the tribal population, the Reserve Bank of India (RBI), Odisha office has prepared five specific booklets in Santali…

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India's foreign exchange reserves dip by another $6.477 bn in the week to November 8
Posted in Economy

India’s foreign exchange reserves dip by another $6.477 bn in the week to November 8

India’s foreign exchange reserves dipped by another $6.477 billion in the week to November 8 to $675.653 billion as foreign institutional investors continued offloading their…

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Signage at the Reserve Bank of India (RBI) headquarters building in Mumbai, India, on Wednesday, Oct. 9, 2024. Photographer: Dhiraj Singh/Bloomberg (Bloomberg)(HT_PRINT)
Posted in Business

SBI, HDFC Bank and ICICI Bank are India’s 3 best banks, says RBI

The Reserve Bank of India (RBI) has designated State Bank of India (SBI), HDFC Bank and ICICI Bank as Domestic systemically important banks (D-SIBs), PTI…

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Indian economy 'sailing smoothly' amid global challenges, says RBI Governor Shaktikanta Das
Posted in Economy

Indian economy ‘sailing smoothly’ amid global challenges, says RBI Governor Shaktikanta Das

Reserve Bank of India (RBI) Governor Shaktikanta Das shared an optimistic outlook on India’s economy, highlighting its resilience amid global turbulence, while speaking at CNBC-TV18’s…

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RBI rate cut: RBI should definitely cut interest rates, says Commerce Minister Piyush Goyal
Posted in Economy

RBI rate cut: RBI should definitely cut interest rates, says Commerce Minister Piyush Goyal

The Reserve Bank of India (RBI) must cut interest rates, said Commerce Minister Piyush Goyal at CNBC-TV18 Global Leadership Summit on Thursday. “RBI must cut…

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