Tag: Reserve Bank of India
RBI’s financial inclusion index rises 4.48 pc in FY26
Mumbai: Reserve Bank’s FI-Index, which captures the extent of financial inclusion in the country, rose 4.48 per cent during the year ending March 2026, the…
India’s current account slips into $2 billion deficit in May as trade gap widens
Kolkata: India’s current account slipped into deficit in May from a surplus in April while the capital account deficit narrowed, monthly balance of payments data…
India inflation risks mount on renewed US-Iran tensions, El Nino
India’s stronger-than-expected inflation reading for June has left policymakers facing a more uncertain outlook, with renewed tensions around the Strait of Hormuz threatening to push…
RBI deputy guv asks financial entities’ ombudsmen to provide effective complaint resolution
Reserve Bank Deputy Governor Swaminathan J on Monday asked internal ombudsmen of banks, NBFCs, and other regulated entities to provide a meaningful, fair and effective…
India’s June retail inflation quickens to 4.38%, crosses RBI’s 4% target after 17 months
India‘s retail inflation accelerated to 4.38% in June as elevated food and fuel prices, geopolitical tensions in West Asia and concerns over an uneven monsoon…
India’s forex reserves rise $7.26 billion to $674.19 billion in week ended July 3
India’s foreign exchange reserves increased by $7.26 billion to $674.19 billion in the week ended July 3, 2026, according to data released by the Reserve…
RBI rate hike: Interest burden for Indians may go up later this year amid inflation risks
New Delhi: The Reserve Bank of India (RBI) is likely to keep policy rates unchanged in the near term, but BofA Securities expects a cumulative…
RBI faces $100 billion challenge after record currency defense
Over the past two years, India’s central bank built one of the world’s largest bearish dollar bets to support a persistently weak rupee. It now…
Falling oil prices give RBI more room to focus on growth, but relief uneven across Asia: Standard Chartered
Falling crude oil prices are giving the Reserve Bank of India and other Asian central banks more headroom to prioritise growth, as easing energy costs…
RBI backs crypto containment and keeps ban on table, officials tell house panel
New Delhi: Top officials of Reserve Bank of India (RBI), in a submission to a parliamentary panel, backed a containment strategy leaning towards prohibition, recommending…