Tag: Reserve Bank of India

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Posted in Economy

To worry or not? Rupee at 90 debate deepens as PM’s Economic Advisory Council member plays it down

Economic Advisory Council to the Prime Minister member Sanjeev Sanyal on Thursday said he is “not concerned about the rupee at all,” arguing that exchange…

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The RBI likely intervened at the 91/dollar level, buying $5 billion of dollars via a foreign-exchange swap on Tuesday. (Reuters)
Posted in Business

INR USD | Rupee roars back on RBI support to rise the most in seven months

The Indian rupee strengthened the most in seven months on Wednesday after the Reserve Bank of India aggressively sold dollars to support the currency. Stocks…

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The RBI approval has been granted with reference to the application made by HDFC Bank (Representative image/REUTERS)
Posted in Business

HDFC Bank gets RBI nod for raising stake in IndusInd Bank up to 9.5 pc| Business News

HDFC Bank has got the Reserve Bank’s nod to hike its stakes in another private sector lender, IndusInd Bank, up to 9.5 per cent. The…

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Posted in Economy

RBI data show rosy picture of poll-bound Tamil Nadu, reveal Karnataka’s gaps

Tamil Nadu has emerged a clear winner among the five southern states across several people-facing parameters that influence the livelihood and quality of life, such…

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Posted in Economy

Andhra tops fruit, fish output; posts steady growth: RBI report

Andhra Pradesh has secured top positions across several sectors, including agriculture and fisheries, reflecting the state’s steady economic and social progress, according to a recent…

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The labour laws will lower EMIs for both existing and new borrowers whose loans are linked to these benchmarks. (Bloomberg)
Posted in Business

SBI reduces lending rates by up to 25 bps to pass on RBI rate cut benefits| Business News

State Bank of India has reduced its lending rate by up to 25 basis points to pass on to customers the benefit of the RBI…

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Posted in Economy

Stablecoins pose big risks, serve no real purpose, says RBI’s Rabi Sankar

MUMBAI: India needs to be cautious towards stablecoins, as they pose significant macroeconomic risk while serving no purpose that fiat money cannot, the Reserve Bank…

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Posted in Economy

India’s forex reserves rise by $1.03 billion to $687.26 billion as of December 12

India’s foreign exchange reserves increased by $1.03 billion to $687.26 billion for the week ending on December 12, 2025, the Reserve Bank of India (RBI)…

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CredFlow receives NBFC licence, to scale cash-flow based SME lending
Posted in Startups

CredFlow receives NBFC licence, to scale cash-flow based SME lending

Credflow, a cash-flow management and lending platform for small and medium businesses, will now be able to lend through its own books after its subsidiary…

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Posted in Economy

ICRA expects extended policy rate pause, unless economic growth moderates

An extended pause on policy rates is expected going ahead unless India’s economic growth materially undershoots the projections, rating agency ICRA has asserted in a…

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