India's rupee has fallen nearly 6 per cent since the Iran war began late in February and slumped to a record low of nearly 96.96 per dollar on Thursday
Arvind Panagariya advised the RBI not to worry about the rupee crossing 100 against the dollar and said depreciation is the right response to the oil shock
Economists expect the RBI's FY26 surplus transfer to the government to exceed last year's record Rs 2.7 trillion dividend payout
India's outward foreign direct investment commitments fell 10.8 per cent year-on-year in April, led by lower guarantees and debt commitments
An expected ₹3.05 trillion handover, the midpoint of the poll, would be the highest share of expected government revenue in more than two decades, excluding the fiscal year 2019-2020
The next scheduled monetary policy decision is on June 5, although the RBI has previously made an out-of-cycle adjustment in May 2022
The 30-year US bond yield hit the highest level since 2007 on inflation concerns
The RBI has proposed allowing lenders to restrict financed mobile devices in loan default cases, while mandating safeguards, borrower notices and compensation for wrongful action
India Ratings projects GDP growth at 6.7% and inflation at 4.4%, warning that higher crude prices and West Asia tensions may pressure growth and trade deficit
Draft norms aim to align Indian banks with Basel Pillar 3 requirements and improve transparency, comparability, and market discipline
The Reserve Bank of India will conduct a five-day variable rate repo auction to manage evolving liquidity conditions in the banking system
RBI Governor Sanjay Malhotra said the central bank is monitoring whether supply shocks from the West Asia conflict trigger broader inflationary pressures
The Reserve Bank of India said stablecoins fail key tests of money and warned that such virtual digital assets pose financial stability and jurisdictional risks
The Reserve Bank of India has elevated Gunveer Singh as Executive Director to oversee the Department of Payment and Settlement Systems
The Reserve Bank of India said prevailing systemic risk conditions do not warrant activating the countercyclical capital buffer for banks at this stage
The Reserve Bank on Monday promoted Gunveer Singh as Executive Director (ED), the central bank said in a statement. Prior to this, Singh was serving as Chief General Manager-in-Charge of Department of Payment and Settlement Systems of the central bank. His appointment as ED is effective from Monday. As Executive Director, Singh will look after the Department of Payment and Settlement Systems, the RBI said. Singh has over three decades of experience in the Reserve Bank having worked in areas of payment and settlement systems, banking and non-banking supervision, risk monitoring, government banking and other areas. He has also served as a payment systems expert at the Central Bank of Oman. Singh is a Chartered Accountant and a Cost and Works Accountant.
Move aims to track originators of money transfers via mule accounts
With funding tightening and regulators increasing scrutiny on risk, firms must move past the growth-at-all-costs model to survive
Scale in digital public infra can now support broader economic outcomes, with UPI transactions offering a timely, contextual view
SBI report says another ₹2 depreciation wipe out oil co's gain; Bond yields harden after fuel price hike