Tag: Reserve Bank of India
India’s factory growth slows to nine-month low as US tariffs dent demand, PMI shows
India’s manufacturing sector lost some momentum in November with growth decelerating to a nine-month low as stiff U.S. tariffs took a heavy toll on demand,…
RBI moderates digital norms, allows bank to advertise, removes need for permission for new channels
The Reserve Bank of India (RBI) has moderated its digital banking channel directions allowing banks to advertise products to customers post login. These products include…
India’s forex reserves decline by $4.47 billion to $688.10 billion as of November 21
India’s foreign exchange reserves declined by USD 4.47 billion to reach USD 688.10 billion for the week ending November 21, the Reserve Bank of India…
RBI expected to cut rates to 5.25% on December 5: Reuters poll
The Reserve Bank of India will cut its key interest rate by 25 basis points to 5.25% on December 5, according to a majority of…
No systematic bias in inflation forecasts; RBI mulling monthly BoP data release: Poonam Gupta
Mumbai: RBI Deputy Governor Poonam Gupta on Wednesday said there is no “systematic bias” in the central bank’s inflation forecasting. In comments that come amid…
What India can do about its low inflation problem
India’s economy, so often touted for potential to supplant China as a global engine, is having a hard time getting its arms around inflation. Not…
RBI plays onshore and offshore to help rupee have a good day
Mumbai: The Indian rupee posted its biggest one-day gain in a month on Monday, as likely central bank interventions in the offshore and onshore market…
India on cusp of a virtuous investment cycle despite global headwinds, says RBI report
Kolkata: The Indian economy is at the threshold of a virtuous cycle of higher investment flows, productivity and growth, putting it at a robust and…
Good trade deal with US will ease pressure on our current account: RBI Guv Sanjay Malhotra
New Delhi: Reserve Bank governor Sanjay Malhotra Thursday exuded confidence about India clinching a good trade deal with the US, which should ease pressure on…
More Indian lenders to appear in top 100 global banks list soon: RBI Guv Sanjay Malhotra
India will soon have more domestic lenders featured in the top 100 global banks list, given the pace of economic expansion and growth in the…