Tag: reserve bank
Gold imports up 34 pc to $3.41 bn in May; silver shipments plunge over 86 pc
New Delhi: India’s gold imports rose by 34 per cent year-on-year to USD 3.41 billion in May, driven by high prices of the precious metal,…
RBI warns West Asia war may hurt India growth outlook
Mumbai: A prolonged West Asia conflict represents a key downside risk to India’s economic outlook according to the Reserve Bank of India (RBI), even as…
RBI cautions against misleading campaigns promising loan waivers
Mumbai: The Reserve Bank on Monday cautioned the public against unauthorised and misleading campaigns promising loan waivers, and asked them to refrain from associating with…
RBI building more digital payments intelligence platforms to empower users: ED
Mumbai: The Reserve Bank is developing more digital public infrastructure and payments intelligence platforms by leveraging artificial intelligence and application programming interfaces to enhance customer…
States’ consolidated fiscal deficit widens 0.3 pc to 3.3 per cent in FY25: RBI
Mumbai: States’ consolidated fiscal deficit has widened to 3.3 per cent of GDP in FY25 after remaining at 3 per cent for the three previous…
Goldilocks phase, reform glide path to lift India in 2026
New Delhi: India, the world’s fourth largest economy, is set to maintain the ‘goldilocks’ phase with tailwinds of good growth, low inflation and robust banking…
RBI issues amendments to update various regulations
The Reserve Bank on Thursday issued clarification regarding prudential treatment of exposures of foreign bank branches operating in India to their group entities, along with…
RBI chief Sanjay Malhotra says removal of acquisition financing curbs on banks will aid real economy
The removal of restrictions on banks for acquisition financing will help the real economy, Reserve Bank of India Governor Sanjay Malhotra said on Friday. Last…
India makes 85 pc of digital payment through UPI: RBI Guv Malhotra
About 85 per cent of the digital payment transactions take place through UPI in India, and the country can be a case study in inclusive,…
Reserve Bank of India rejigs portfolios of deputy governors
The Reserve Bank on Thursday rejigged portfolios of the four deputy governors and distributed its 32 departments among them. Shirish Chandra Murmu, who took charge…