Reserve Bank of India, the nation's debt manager, is preparing to sell its first ever batch of sovereign green bonds as early as next month, according to people with knowledge of the matter
India's local city governments must consider issuing municipal bonds to meet their funding requirements as the demand to ramp-up infrastructure in the Asia's third-largest economy grows
The reserves had increased by 100 tonnes in the last two years; currently stand at 785.35 tonnes
RBI's monetary policy committee held an off-cycle meeting on Thursday, to discuss the unrelenting inflation and give a response to the govt on it. Why's the RBI is writing to the govt over inflation
Under Section 45ZN of the RBI Act, 1934, the central bank is required to write a letter to the Centre if it fails to maintain the inflation target
In September review, panel talked about aggressive monetary policy actions and stances across the world
Currency's depreciation not a reflection of the economy, says HDFC Ltd chairman
Use case to be settlement of secondary market transactions in g-secs; RBI says digital rupee is expected to make inter-bank market more efficient, as settlement will reduce transaction costs
Central bank had first issued show-cause; latest action follows company's response to the notice
India's retail inflation stood at 7.41% in September, higher than the 2%-6% target zone for the ninth straight month
SBI Card was exception as gains card base, market share
To combat the cost of living crisis, the central banks of most countries have raised interest rates and curbed excess money supply
MPC may decide RBI's response to govt on the matter; Unlike earlier off-cycle meetings in which interest rate action was taken outside schedule without prior notice, this one was announced in advance
The announcement notifying an additional meeting of the MPC has been made as per Section 45ZI (4) of the RBI Act 1934, the RBI said on Thursday
Lack of repo suggests RBI tolerance of higher money mkt rates: Analysts
What's in store for the markets this week? What makes T20 World Cup 2022 different? What's economist Rakesh Mohan's view on inflation? What is a disaster relief fund? All answers here
How will global slowdown affect India? When will RBI's steps to rein-in inflation start show results? Former RBI deputy governor Rakesh Mohan answer these in a conversation with Business Standard
"As far as monetary policy is concerned, moderation in the core inflation should be the priority," Shashanka Bhide, an external member of the Reserve Bank of India's monetary policy committee, said
After recent downgrades, stocks comprising the country's benchmark Nifty Index are forecast to deliver around 15% higher income over the next 12 months than at the start of 2020
Will help bidders for its insurance business to avoid Irdai's 5-year lock-in