Tag: Reserve Bank of India
Banks seek more talks on ECL norms for crop loans
New Delhi: Banks want more deliberations on the expected credit loss (ECL) framework applicable to crop loans. Lenders have argued that the Stage 2 classification…
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…
India offloads US bonds, piles up gold in pivot away from dollar assets| Business News
The Reserve Bank of India’s holdings of US Treasury bonds have fallen to a five-year low as India pushes to support rupee versus the US…
India to remain fastest-growing major economy despite global tensions: RBI
Kolkata: The current state of the Indian economy along with the high-frequency indicators provides ground for optimism even as the escalation of geopolitical tensions could…
RBI likely to keep interest rates steady as inflation edges up, Crisil says
New Delhi: The Reserve Bank of India is expected to keep key policy rates unchanged at its upcoming monetary policy review meeting, slated during February…
RBI proposes to link BRICS digital currencies to reduce reliance on US dollar: Report| Business News
The Reserve Bank of India has proposed that BRICS countries link their official digital currencies to make cross-border trade and tourism payments easier, two sources…
RBI proposes linking BRICS’ digital currencies, sources say
India’s central bank has proposed that BRICS countries link their official digital currencies to make cross-border trade and tourism payments easier, two sources said, which…
CII’s Biz Confidence Index climbs to five-quarter high in Q3 FY26
New Delhi: Rising for the third consecutive quarter, CII‘s Business Confidence Index climbed to a five-quarter high of 66.5 in Q3 FY26, driven by optimism…
India’s forex reserves up by $392 million to $687.19 billion as of January 9
India’s foreign exchange reserves jumped by $392 million to $687.19 billion in the week ended January 9, 2026, according to data released by the Reserve…
RBI proposes changes to banks’ forex positions
The Reserve Bank on Wednesday proposed changes to rules governing banks’ foreign exchange positions. The amendments to net open position (NOP) were made following a…