Tag: Reserve Bank of India
Inflation hits decade low of 0.25% in October; rate cut hopes rise ahead of RBI’s December MPC meet
New Delhi: India’s retail inflation dropped sharply to 0.25% in October, the lowest level since the current series began in 2013, driven by lower food…
Pine Labs secures all three payment licences from the RBI
IPO-bound digital payments processor Pine Labs has secured all the mandated regulatory licences needed to offer digital payments in the country. According to a recent…
Juspay turns profitable, posts Rs 62 crore net profit; revenue rises to Rs 514 crore
SoftBank-backed fintech startup Juspay reported a net profit of Rs 62 crore in FY25, marking its first profitable year. The Bengaluru-based firm saw its net…
Regulators must collaborate to minimise ‘harmful overlaps’: RBI Dy Guv Swaminathan
Regulators should collaborate to minimise ‘harmful overlaps’ in an interconnected business environment and close regulatory gaps without impeding innovations, RBI Deputy Governor Swaminathan J has…
Centre notifies new deep-sea fishing rules: What it means for Indian fishermen, cooperatives
In a significant move to unlock the potential of India’s vast marine resources, the Centre has notified new rules for deep-sea fishing in the country’s…
Digital frauds spike since July; RBI probing causes, warns of risks from digital currencies
The incidence of digital frauds has risen since July, and the Reserve Bank of India (RBI) is analysing the data to understand the reasons behind…
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…