Tag: rbi
Banks’ supervisory data quality index score improves in 4 months: RBI
Supervisory Data Quality Index (sDQI) score of scheduled commercial banks (SCBs) has improved to 89.9 in June as compared to 89.3 in March 2025, the…
RBI sees GST reforms, policy measures driving consumption, business ease and growth optimism for H2 FY26
The tax reforms and policy push should lay a foundation for a sustained consumption demand side while boosting ease of doing business in the supply…
RBI renews statement of commitment to FX Global Code
The Reserve Bank on Wednesday said it has signed a renewed statement of commitment to the FX Global Code. The code is a set of…
RBI economists back pause on rates as inflation cools, growth stays strong
Mumbai: A lower inflation print and strong economic growth have led to a majority of economists proposing a pause on policy rates at a consultative…
India’s bank cash crunch likely temporary, analysts say
The fall in India’s banking system liquidity surplus is expected to ease over the coming days, as government spending and bond redemptions offset the impact…
RBI issues detailed guidelines for Payment Aggregators, Gateways to boost digital payment ecosystem
The Reserve Bank of India (RBI) has rolled out detailed regulatory guidelines for Payment Aggregators (PAs) and recommended baseline technology standards for Payment Gateways (PGs),…
Retail inflation climbs to 2.1% in August as food prices soar
NEW DELHI: India’s retail inflation accelerated to 2.1% yearon-year in August from an eight-year low of 1.6% in July, as food prices increased, official data…
FinMin for creation of two globally competitive banks as part of Viksit Bharat vision
India aims to establish two globally competitive banks, with assets that would rank them among the top 20 lenders in the world as part of…
RBI imposes Rs 21 lakh penalty on PhonePe
The Reserve Bank of India on Friday said it has imposed a penalty of Rs 21 lakh on PhonePe Limited for non-compliance with certain norms…
Indian exporters lobby RBI for weaker rupee to offset US tariffs
Indian exporters said they will lobby the central bank to allow them to temporarily convert proceeds from their US business at a rupee rate that’s…