Tag: reserve bank
States’ consolidated fiscal deficit widens 0.3 pc to 3.3 per cent in FY25: RBI
Mumbai: States’ consolidated fiscal deficit has widened to 3.3 per cent of GDP in FY25 after remaining at 3 per cent for the three previous…
Goldilocks phase, reform glide path to lift India in 2026
New Delhi: India, the world’s fourth largest economy, is set to maintain the ‘goldilocks’ phase with tailwinds of good growth, low inflation and robust banking…
RBI issues amendments to update various regulations
The Reserve Bank on Thursday issued clarification regarding prudential treatment of exposures of foreign bank branches operating in India to their group entities, along with…
RBI chief Sanjay Malhotra says removal of acquisition financing curbs on banks will aid real economy
The removal of restrictions on banks for acquisition financing will help the real economy, Reserve Bank of India Governor Sanjay Malhotra said on Friday. Last…
India makes 85 pc of digital payment through UPI: RBI Guv Malhotra
About 85 per cent of the digital payment transactions take place through UPI in India, and the country can be a case study in inclusive,…
Reserve Bank of India rejigs portfolios of deputy governors
The Reserve Bank on Thursday rejigged portfolios of the four deputy governors and distributed its 32 departments among them. Shirish Chandra Murmu, who took charge…
House Price Index up 3.6% annually in Q1: RBI
All-India House Price Index (HPI) based on transaction-level data of 18 major cities increased by 3.6 percent year-on-year in the first quarter of the current…
Bharat Connect gets linked with FX-Retail platform; enables customers to buy USD
The Reserve Bank on Tuesday said bill payment system Bharat Connect has been linked with foreign exchange retail platform, enabling individual customers to buy US…
RBI tweaks related party lending rules, unveils ‘unified’ framework
MUMBAI: The Reserve Bank of India (RBI) has expanded the related party transaction guidelines to include promoters, key management persons (KMPs), shareholders with equity of…
RBI proposes easing regulatory framework for foreign entities establishing offices in India
The Reserve Bank on Friday proposed to rationalise norms for establishment of a branch or office in the country by entities resident outside India. In…