Tag: Reserve Bank of India
RBI proposes linking BRICS’ digital currencies, sources say
India’s central bank has proposed that BRICS countries link their official digital currencies to make cross-border trade and tourism payments easier, two sources said, which…
CII’s Biz Confidence Index climbs to five-quarter high in Q3 FY26
New Delhi: Rising for the third consecutive quarter, CII‘s Business Confidence Index climbed to a five-quarter high of 66.5 in Q3 FY26, driven by optimism…
India’s forex reserves up by $392 million to $687.19 billion as of January 9
India’s foreign exchange reserves jumped by $392 million to $687.19 billion in the week ended January 9, 2026, according to data released by the Reserve…
RBI proposes changes to banks’ forex positions
The Reserve Bank on Wednesday proposed changes to rules governing banks’ foreign exchange positions. The amendments to net open position (NOP) were made following a…
India’s wholesale inflation ticks up to 8-month high of 0.83% in Dec after contracting 0.32% in Nov
India’s wholesale price inflation ticked up to an 8-month high of 0.83% in December from a contraction of 0.32% in November, data released by the…
Retail inflation hits 3-month high of 1.3% in December
New Delhi: Retail inflation hit a three-month high of 1.3% in December 2025, increasing from 0.7% in November, as food deflation eased and prices pressures…
Rapid digitalisation of banks reshaping financial risks, requires supervisors to fundamentally rethink: RBI DG
Mumbai : The Reserve Bank of India (RBI) has cautioned that rapid digitalisation of banking is reshaping financial risks, requiring supervisors and banks to fundamentally…
Budget 2026: Sitharaman & Co will be counting every rupee on the road to Viksit Bharat 2047
Budget FY27 expectations: When global rating agency Moody’s flagged concerns over India’s fiscal strength around Budget 2025, Finance Minister Nirmala Sitharaman pushed back firmly. “Not…
RBI trims US treasury holding to below $200 bn amid gold rush
Mumbai: The Reserve Bank of India‘s holding in US Treasuries has fallen below $200 billion reflecting a strategic shift in the banking regulator’s reserve management….
Skydo receives final RBI nod to operate as cross-border payment aggregator
Cross-border payments platform Skydo has received the final authorisation from the Reserve Bank of India (RBI) to operate as a Payment Aggregator-Cross Border (PA-CB) entity,…