Tag: Reserve Bank of India
Banks open on Sunday ahead of nationwide strike: Will you get your salary today?
Ahead of a three-day nationwide strike starting tomorrow, all public sector and regional rural banks are open on Sunday. The mandate issued by the finance…
Centre cuts FY27 market borrowing to Rs 15.99 lakh crore; targets longer debt maturity
New Delhi: The government has further pared its full-year market borrowing to ₹15.99 lakh crore, a reduction of ₹1.2 lakh crore as it seeks to…
India’s forex reserves fall $14.88 billion to $765.90 billion in week ended September 18
India’s foreign exchange reserves fell by $14.881 billion to $765.901 billion in the week ended September 18, driven largely by a decline in foreign currency…
India’s external pressures persist despite forex swap inflows, says Nageswaran
Mumbai: India’s balance of payments pressures are likely to persist despite a surge in foreign currency inflows through the Reserve Bank of India‘s special swap…
foreign exchange reserves: Safety most important in managing forex reserves says RBI Deputy Governor Rohit Jain
Mumbai: Safety of foreign exchange reserves is the most important consideration before the Reserve Bank of India (RBI) because reserves are ultimately borrowed funds which…
Rupee has scope to stabilise, appreciate: RBI deputy governor Poonam Gupta
Mumbai: The rupee‘s depreciation over the past year and a half could prove temporary, with the currency having a fair chance of stabilising and eventually…
India growth seen moderating in second half of FY27 as inflation, liquidity pose risks: DBS
New Delhi: India’s economy is likely to lose some momentum in the second half of fiscal 2026-27 as tighter financial conditions, elevated energy prices and…
Crude above $100 may push India inflation to 6%, RBI could hike rates 50 bps: Kotak
Crude oil staying above $100 a barrel could push India’s retail inflation towards 6% by the next quarter and put the Reserve Bank of India…
UPI’s new MDR pot: 5% of collections to be used for bringing small merchants online
The National Payments Corporation of India (NPCI) has proposed a dedicated fund financed from Merchant Discount Rate (MDR) collections to support small merchants and expand…
India’s forex reserves drop $4.92 billion to $780.78 billion as of September 11
India’s foreign exchange reserves declined by $4.92 billion to $780.78 billion in the week ended September 11, according to data released by the Reserve Bank…