Tag: Reserve Bank of India
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…
Retail inflation quickens to 2.07% in Aug from 1.55% in July
India’s retail inflation quickened to 2.07% in August from an eight-year low of 1.55% in July, driven by fading impact of high base effects, according…
Gold on a hot run, central banks and RBI go slow on buys as geopolitics also weighs
Mumbai: Central banks have slowed their gold purchasing, reflecting a cautious approach as they navigate geopolitical uncertainties and elevated bullion prices. However, the long-term trend…
India’s forex reserves up by $3.51 billion to $694.2 billion in week ending August 29
India’s forex reserves were up by $3.51 billion to $694.2 billion in week ending August 29, according to data released by the Reserve Bank of…
RBI panel on financial stability reviews US tariff impact, financial inclusion efforts
Mumbai: The members of the Financial Stability and Development Council, on Thursday discussed challenges economy would face due to tariffs imposed by the US, simplification…
Id-e-Milad 2025: RBI cancels bank holiday tomorrow, new date declared
Published on: Sept 04, 2025 09:19 pm IST Maharashtra has declared a public holiday on 8 September for Id-e-Milad, because 5 September was coinciding with…
Money markets, forex and G-Secs deals to remain closed on September 8: RBI
The Reserve Bank of India (RBI) on Thursday said there will be no transactions and settlements in government securities, foreign exchange, money markets and rupee…
Got unresolved equity market related complaint? Know how you can use SEBI’s SCROES, know which ones wont be addressed
Digitisation, heightened investor awareness, and robust market performance have significantly boosted interest in the equity markets in recent years. As of January 2025, the National…