Tag: rbi
CII’s 20-Point Policy Agenda calls for coordinated fiscal, financial and trade response to West Asia crisis
Confederation of Indian Industry (CII) has commended the Government of India and the Reserve Bank of India (RBI) for a series of timely, well-calibrated and…
Forex reserves drop by $10.29 billion to $688.06 billion as of March 27
Mumbai, India’s forex reserves dropped by USD 10.288 billion to USD 688.058 billion during the week ended March 27, the Reserve Bank of India (RBI)…
RBI building more digital payments intelligence platforms to empower users: ED
Mumbai: The Reserve Bank is developing more digital public infrastructure and payments intelligence platforms by leveraging artificial intelligence and application programming interfaces to enhance customer…
Proactive steps needed to limit adverse spillovers of Iran war: RBI report
MUMBAI: The Reserve Bank of India (RBI) Monday said the West Asia crisis warrants proactive steps to curb negative spillovers, given the country’s reliance on…
RBI releases meeting schedule of the Monetary Policy Committee for 2026-2027
The Reserve Bank of India (RBI) on Monday announced the schedule for the Monetary Policy Committee (MPC) meeting for the financial year 2026-2027. The first…
India bank liquidity sees first big deficit of 2026 on tax outflow, lack of RBI support
MUMBAI: India’s banking system liquidity slumped into a substantial deficit for the first time in 2026, as heavy tax outflows and currency market intervention drained…
What’s key to India’s forex defence? Patra suggests it’s $1 trillion buffer
India needs a foreign exchange reserve buffer of at least $1 trillion to ensure it has enough firepower to intervene in currency markets, according to…
RBI seeks banks’ views on AI-based facial recognition tools at ATMs, branches to curb fraud
NEW DELHI: The Reserve Bank of India (RBI) has sought inputs from banks on implementation of facial recognition or other artificial intelligence (AI)-based systems at…
Retail inflation climbs to 3.21% in February
NEW DELHI: Retail inflation rose 3.21% year-on-year in February from 2.74% in January, largely due to a low base effect and higher food prices, official…
Middle East conflict poses near-term challenges to Indian economy: RBI MPC member
Conflict in the Middle East poses some immediate-term challenges for the Indian economy but is unlikely to dent long-term economic growth momentum, an external member…