Tag: Reserve Bank of India
India’s retail inflation quickens to 4.8% in August from 4.45% in July as food prices exert pressure
India’s retail inflation has accelerated to 4.82% in August 2026 from 4.45% in July, as food prices and other key components of the consumer basket…
HDFC Bank submits two names as RBI set to appoint new CEO
HDFC Bank’s board has submitted two candidates to the Reserve Bank of India for the role of CEO, the lender said on Saturday, formally starting…
FM Sitharaman pushes RBI to sharpen digital rupee as tokenisation takes off
Finance Minister Nirmala Sitharaman on Friday urged the Reserve Bank of India to further advance its wholesale and retail digital rupee pilots as adoption of…
India’s forex reserves surge $44.9 billion to record $785.7 billion, fourth largest globally
Kolkata: India’s foreign-exchange reserves surged a record $44.903 billion in the week to September 4 to $785.706 billion, a new all-time high, making it the…
India’s forex reserves jump $44.90 billion to record $785.71 billion as of September 4
India’s foreign exchange reserves surged by $44.90 billion to a record $785.71 billion in the week ended September 4, according to data released by the…
RBI announces 26-day VRRR auction to absorb Rs 5 lakh crore surplus liquidity
Kolkata: The Reserve Bank of India will hold a 26-day variable rate reverse repo auction on Friday with a target to drain out Rs 5…
Rupee weakens to 95.44 against dollar amid rising import bill and crude oil prices
Kolkata: The rupee weakened by another 0.35% to 95.44 a dollar amid concerns over rising import bill as the Brent crude crossed the $102 a…
India’s central bank withdraws over 6 trillion rupees of bank liquidity after record spike
MUMBAI: The Indian central bank absorbed more than 6 trillion rupees ($63.53 billion) through cash withdrawal operations on Monday, a day after banking liquidity surged…
RBI turns to 30-day VRRR to absorb excess liquidity
Kolkata: The Reserve Bank of India will hold a 30-day variable rate reverse repo (VRRR) auction Monday with a target to suck out Rs 7…
RBI may raise repo rate to 5.75-6% in H2 FY27, rate hike cycle likely from December: UBI
The Reserve Bank of India (RBI) could raise the repo rate to 5.75-6 per cent in the second half of FY27 to contain excess banking…