Tag: rbi
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…
India’s GDP to grow 6.7-6.9 pc in FY26: Deloitte India
Deloitte India on Thursday projected India’s economy to grow 6.7-6.9 per cent in the current fiscal amid buoyant demand and policy reforms. Indian economy grew…
Net FDI turns negative in August as outflows, FPI selling rise
Gross foreign direct investment (FDI) into India fell to $6.0 billion in August after surging to over a four-year high of $11.11 billion in July….
Indian economy not immune to global challenges, but resilient: RBI report
Flux in the global economy presents considerable challenges to the global macroeconomic outlook and the Indian economy is not immune, the central bank said in…
Rate cut likely by year-end; GST reforms to boost credit demand: Goldman Sachs
An additional policy rate cut is expected before the end of the year, alongside recent GST simplifications, indicating that peak fiscal consolidation is behind us….
RBI: RBI governor highlights India’s growth prospects amid tariff concerns
Mumbai: The Reserve Bank of India governor said there will be an “upside” to growth if India is able to have an “early resolution to…
RBI Guv says Indian macroeconomic fundamentals are very strong; US tariffs not too concerning
Indian markets are “quite deep,” and the country’s macroeconomic fundamentals are “very strong,” Reserve Bank of India Governor Sanjay Malhotra said on Wednesday, striking a…