Tag: rbi
RBI pushes banks, NBFCs to own data risks across third parties
MUMBAI: The Reserve Bank of India (RBI) has proposed stricter governance standards for data shared with third-party service providers, requiring regulated entities to ensure that…
Softer inflation trips rate hike forecasts, RBI hold more likely
MUMBAI: A softer-than-expected inflation trajectory in the first quarter has prompted economists to forecast a pause in rate action by the Reserve Bank of India…
RBI Deputy Guv pushes for meaningful, fair grievance redressal
MUMBAI: Reserve Bank of India Deputy Governor Swaminathan J urged internal ombudsmen (IOs) to provide a meaningful, fair and effective resolution of customer complaints. In…
Forex reserves rise $7.3 billion as FCNR & ECB flows pick up
MUMBAI: India’s foreign exchange reserves appear to be showing early signs that targeted central bank measures to attract overseas capital might be gaining some traction,…
RBI rate hike: Interest burden for Indians may go up later this year amid inflation risks
New Delhi: The Reserve Bank of India (RBI) is likely to keep policy rates unchanged in the near term, but BofA Securities expects a cumulative…
Parliament Standing Committee on Finance to review Virtual Digital Assets; RBI, ICAI to take part
New Delhi: The Standing Committee on Finance will hold its next sitting on Thursday 2 to study the regulatory roadmap for Virtual Digital Assets (VDAs),…
Promoters with fraud loan A/Cs may not get to join other companies as directors
New Delhi: The government is examining a proposal from lenders to permanently bar promoters of companies whose loan accounts have been declared fraudulent by them…
Easing of West Asia conflict reduces downside risk to 6.6% growth forecast: Ram Singh, Director, Delhi School of Economics
The recent easing of the West Asia crisis has sharply reduced the biggest near-term upside risk to the RBI‘s inflation outlook, strengthening the case for…
India’s forex reserves up by $963 million to $672.58 billion as of June 19
India’s foreign exchange reserves increased by $963 million to $671.63 billion in the week ended June 19, 2026, according to data released by the Reserve…
RBI’s Malhotra says rate hike talk is premature, stays in wait-and-watch mode
New Delhi: Reserve Bank Governor Sanjay Malhotra has said the central bank is closely monitoring developments in West Asia and that it would be premature…