Tag: rbi
Meeting FY26 fiscal targets may be challenging amid weak tax growth: Report
Achieving the full-year Financial Year 2026 (FY26) fiscal targets appears challenging amid subdued growth in corporate and income tax revenues, according to a report by…
RBI launches 3 key surveys for monetary policy inputs
The Reserve Bank of India on Friday announced the launch of the next round of three key surveys, including one on inflation expectations, which provide…
RBI wants rupee internationalisation to support developed economy goal
The internationalisation of the Indian Rupees has already commenced with exporters invoicing in the local currency and it is likely to see a surge in…
US, Singapore accounted for 1/3rd of FDI in FY25: RBI
Mumbai: The US and Singapore together accounted for over one-third of the FDI in India during 2024-25, according to the Reserve Bank’s census on foreign…
Exchange rate is not a policy tool to fight tariffs, RBI deputy governor says
The Indian rupee‘s exchange rate is not a policy tool to fight trade tariffs, a senior Indian central bank official said on Wednesday. The exchange…
RBI brings home 64 tonnes of gold between March 2025 and Sept 2025
The Reserve Bank of India (RBI) accelerated the process of bringing home gold with it onshoring nearly 64 tonnes in the half year to September…
India plans to hike foreign investment cap in state-run banks to 49%, source says
India is planning to allow direct foreign investment in state-run banks of up to 49%, more than double current limits, according to a person directly…
RBI approves reappointment of C S Rajan as Kotak Mahindra Bank’s part-time Chairman
New Delhi: The Reserve Bank of India (RBI) has approved the reappointment of C S Rajan as Part-Time Chairman of Kotak Mahindra Bank Limited for…
RBI seeks gold comfort over dollar assets
India’s central bank has lately preferred gold to dollar assets. The Reserve Bank of India (RBI) has been adding gold to its reserves since the…
Digital payments comprise 99.8% of total transactions volume in H1 2025: RBI
The payments ecosystem in India has witnessed a remarkable growth in recent years with digital payments now accounting for 99.8% of total payment transactions volume…