Tag: Reserve Bank of India

The rapid rise of generative AI has created a market euphoria similar to earlier technology booms, even as key structural challenges remain unresolved, says Rajan. (MINT_PRINT)
Posted in Business

Raghuram Rajan warns AI frenzy may be ignoring major risks

Former Reserve Bank of India governor Raghuram Rajan has warned that the global frenzy around artificial intelligence may be overlooking major economic and political risks,…

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Posted in Economy

RBI, rating firms assess Iran war risks on Indian companies

The Reserve Bank of India has held discussions with local credit-rating companies to gauge potential stress among borrowers caused by the US-Iran war, according to…

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Posted in Economy

RBI ready to do ‘whatever is required’ to curb rupee volatility: Sanjay Malhotra

The Reserve Bank of India (RBI) will do “whatever is required” to ensure orderly movements in the foreign exchange market and curb undue speculation, Governor…

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Posted in Economy

Govt does not interfere in exchange rates: Piyush Goyal

New Delhi: Commerce and Industry Minister Piyush Goyal on Saturday said the government does not interfere in exchange rates as these are determined by market…

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Posted in Economy

RBI MPC: Bank economists back a rate hike in H2 of FY27

Mumbai: Bank economists have conveyed to the Reserve Bank of India (RBI) that interest rate hikes would be necessary in the second half of the…

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Posted in Economy

Oil spike, global debt, market stress: RBI flags mounting external shocks but lays out 5 areas where India remains resilient

The Reserve Bank of India (RBI) has flagged rising risks to the global economy from oil price shocks, elevated public debt and financial market stress,…

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Posted in Economy

India’s forex reserves fall by $8.09 bn to $688.89 bn as of May 15

India’s foreign exchange reserves fell by $8.09 billion to $688.89 billion in the week ended May 15, according to data released by the Reserve Bank…

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Posted in Economy

RBI declares record Rs 2.87 lakh crore dividend to cushion war shock

The Reserve Bank of India (RBI) on Friday declared a record surplus transfer of Rs 2.87 lakh crore to the government for FY27, which is…

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Posted in Economy

RBI rate hikes to start in June, says Standard Chartered

MUMBAI: India’s central bank is likely to start raising interest rates as early as June on increasing inflation risks from higher crude prices, economists at…

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Posted in Economy

RBI proposes banks to disclose detailed information on capital, risks under Basel Pillar 3

Mumbai: The Reserve Bank on Tuesday proposed a revised disclosure framework for banks under Basel III norms, requiring lenders to disclose and publish more granular…

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