Tag: Reserve Bank of India
Full list of public and state-wise bank holiday dates| Business News
While there are a few national bank holidays in November 2025, a number of state-specific closures are worth noting, especially for professionals in finance, banking,…
Gold buying by central banks up 10% in Q3
Central banks globally ramped up gold purchases in the third quarter of this calendar year, acquiring a net 220 tonnes of the yellow metal, or…
India’s forex reserves fall by $6.92 billion to $695.36 billion for week ending Oct 24
India’s foreign exchange reserves fell by $6.92 billion to $695.36 billion for the week ending October 24, the Reserve Bank of India (RBI) said on…
Exchange rate is not a policy tool to fight tariffs, RBI deputy governor says
The Indian rupee‘s exchange rate is not a policy tool to fight trade tariffs, a senior Indian central bank official said on Wednesday. The exchange…
Indian economy resilient amid global headwinds; GDP growth likely to near 7% in FY26: CEA
Chief Economic Advisor V Anantha Nageswaran on Wednesday said the Indian economy has held up well against global uncertainties and is on track to grow…
India plans to hike foreign investment cap in state-run banks to 49%, source says
India is planning to allow direct foreign investment in state-run banks of up to 49%, more than double current limits, according to a person directly…
RBI approves reappointment of C S Rajan as Kotak Mahindra Bank’s part-time Chairman
New Delhi: The Reserve Bank of India (RBI) has approved the reappointment of C S Rajan as Part-Time Chairman of Kotak Mahindra Bank Limited for…
India’s private sector activity eases to five-month low in October, PMI shows
Growth in India’s private sector eased to a five-month low in October as weaker demand and rising output prices weighed on business optimism, a survey…
Digital payments comprise 99.8% of total transactions volume in H1 2025: RBI
The payments ecosystem in India has witnessed a remarkable growth in recent years with digital payments now accounting for 99.8% of total payment transactions volume…
India’s GDP to grow 6.7-6.9 pc in FY26: Deloitte India
Deloitte India on Thursday projected India’s economy to grow 6.7-6.9 per cent in the current fiscal amid buoyant demand and policy reforms. Indian economy grew…