Finance Ministry asks NABARD to study RRB mergers' impact as viability reforms, IPO plans and tech integration aim to boost sustainability, inclusion and rural credit growth
India's new CPI series, with lower food weight and higher core components, may nudge headline inflation higher but is expected to improve policy predictability and ease RBI's targeting
RBI intervention via dollar sales prevented the rupee from breaching the 92 mark, even as it closed at a fresh low amid FPI outflows and dollar strength
Paytm CEO Vijay Shekhar Sharma says company aims to reduce concentration risk in UPI through technology-led growth as its market share by volume and value rises
The Business Correspondent Resource Council has sought the setting up of infrastructure and equity funds to strengthen last-mile banking, citing NSFI goals and RBI findings
RBI Deputy Governor T Rabi Sankar says rupee internationalisation aims to reduce risk for Indian firms, not replace the dollar, and warns that stablecoins pose macro risks
The rupee slid to an intraday low of 92 per dollar amid dollar demand and FPI outflows, with RBI intervention preventing a breach of the key psychological level
Despite a cumulative 125 basis point cut in the repo rate and record liquidity injections of about Rs 6.6 trillion during the current financial year, yields remained elevated
The RBI bought 3 trillion rupees of bonds during December-January, boosting the note-purchase tally for the fiscal year to a record 5.7 trillion rupees
RBI flags widening fiscal divergence as youthful states like Bihar and UP gain from workforce growth, while ageing Kerala and Tamil Nadu face rising pension and debt pressures