The central bank proposed draft rules to curb mis-selling, cap losses from unauthorised digital transactions and tighten recovery practices as part of a wider push to strengthen customer protection
The country's holdings of long-term US debt had dropped to a five-year low of $174 billion as of November, down 26 per cent from a 2023 peak, according to US government data
Listed firms are benefiting from structural tailwinds which allow them to pull ahead of their unlisted peers
RBI MPC: The Reserve Bank of India unveiled plans to protect bank customers, curb digital fraud, ease loan rules for MSMEs, and simplify norms for banks, UCBs and NBFCs
Malhotra also said that there is no reduction in the central bank's holdings of US treasuries
The Monetary Policy Committee decided to keep the repo rate unchanged at 5.25 per cent in its February meeting
10-year benchmark yield rose to 6.69% after MPC holds rates and RBI refrains from announcing fresh OMOs
The governor cited strong growth and lower-than-expected inflation as the key reasons for keeping the repo rate unchanged in the February policy meet
Reserve Bank of India Governor Sanjay Malhotra said India's economy remains on a strong footing despite global challenges, helped by stable inflation and steady growth
Malhotra said that several measures announced in the Union Budget, along with the India-EU trade deal, are expected to provide a boost to economic momentum
RBI MPC February meeting: In its policy meeting, which took place between February 4-6, the committee continued with the 'neutral' stance
RBI MPC meet: In the December policy review, the MPC unanimously cut the repo rate by 25 basis points to 5.25 per cent from 5.5 per cent
The retirement fund manager currently invests upto 15% of its inflows into Sensex, Nifty ETFs; railways, defence stocks also on the radar
The rupee strengthened marginally on Thursday on modest inflows from a bond issue, but importer demand for dollars and foreign outflows kept gains limited ahead of the RBI's policy decision
Agrawal said he was confident about meeting the direct taxes collection target for the 2025-26 fiscal that has been revised to ₹24.21 trillion in the Budget
The central bank accepted 118 bids at the FX swap auction with the premium cut-off set at 7.48 rupees. A total of 317 bids worth $25.03 billion were received
Lenders are seeking permission to free up some of the cash they have to park with the Reserve Bank of India for short-term financial stress requirements
The RBI's Monetary Policy Committee has started its three-day meeting today; the central bank will announce its policy decision, including on interest rates, on February 6
The foreign lender had earlier forecast the currency at 90.50-91.00 levels
The Reserve Bank of India (RBI) has already cut rates by 125 basis points since last February, bringing the policy repo rate down to 5.25 per cent