An RBI economist accused SBI of plagiarism, saying its Ecowrap report copied RBI's monetary policy research; SBI rejected the claim, calling it 'sensational'
Draft rules propose bank financing for domestic and overseas M&A, PSU divestments, and IPO subscriptions; framework to take effect from April 1, 2026
Draft norms define high-quality infrastructure projects, aim to reduce capital burden for NBFCs and align risk weights with actual project performance
Emirates NBD to acquire 60% stake in RBL Bank UAE-based Emirates NBD will invest around $3 billion for up to a 60% stake in RBL Bank, the largest cross-border investment in an Indian private lender.
India's forex reserves increased by USD 4.496 billion to USD 702.28 billion for the week ended October 17, as the value of gold reserves rose further, the RBI said on Friday. In the previous reporting week, the overall reserves had jumped by USD 2.176 billion to USD 697.784 billion. For the week ended October 17, foreign currency assets, a major component of the reserves, decreased by USD 1.692 billion to USD 570.411 billion, the data released on Friday showed. Expressed in dollar terms, the foreign currency assets include the effects of appreciation or depreciation of non-US units, such as the euro, pound, and yen, held in the foreign exchange reserves. Value of the gold reserves jumped by USD 6.181 billion to USD 108.546 billion during the week, the RBI said. The Special Drawing Rights (SDRs) were up by USD 38 million to USD 18.722 billion, the apex bank said. India's reserve position with the IMF fell by USD 30 million to USD 4.602 billion in the reporting week, according to t
NPCI says minor issues remain in the T+0 cheque clearing process introduced on October 4, assuring customers that all cheques are being cleared the same day
The RBI's latest Payments System Report warns that geopolitical tensions could disrupt global payment systems, even as India's digital payments and UPI transactions surge
Former RBI Chair Professor Charen Singh says the 4 per cent inflation target stifles growth and jobs, calling for a flexible 5-7 per cent range and a band-only framework instead of a fixed point targe
The RBI stated that the UTI-generating entity will be determined based on a "waterfall table," which assigns the responsibility for UTI generation in a sequential manner
RBI's 'State of the Economy' report notes improved alignment between the weighted average call rate and repo rate under the revised liquidity management framework
The Reserve Bank's gold reserves crossed 880 metric tonnes in the first half of 2025-26 with the central bank adding 0.2 metric tonnes in the last week of September. The total value of the gold was USD 95 billion as of September 26, 2025, according to the latest data from the Reserve Bank of India (RBI). The demand for gold, considered a safe haven, has been on the rise in recent months amid escalating global uncertainties. In the six months ended September, the RBI bought 0.6 metric tonnes (600 kilograms) of gold. A total of 0.2 metric tonnes (200 kg) and 0.4 metric tonnes (400 kg) of the yellow metal were bought in September and June, respectively, as per the latest RBI Bulletin. The total gold reserve with the RBI increased to 880.18 metric tonnes at September-end from 879.58 metric tonnes at the end of 2024-25. During 2024-25, the RBI had added 54.13 metric tonnes of gold. Rise in international gold prices, driven by heightened global economic and geopolitical uncertainty tha
India's steel imports rose 22 per cent in 2023-24 due to cheaper global prices, but growth slowed in the second half of 2024-25 after safeguard duties were imposed to curb dumping
Proposal allows External Commercial Borrowings for real-estate activities where FDI is permitted
India's outward remittances fell 17.7% YoY to $2.6 bn in August 2025, led by lower travel and overseas education spending amid tightening US visa norms
Regulator to emphasise on non-duplication of businesses
RBI's State of the Economy report highlights India's macro strength despite global volatility; notes negative FDI inflows and rising policy uncertainty worldwide
We are targeting double-digit growth of 13-15 per cent in the next two years, and in the last two years, we have grown more than that, says IOB MD & CEO
Data from the RBI show outstanding credit in the system stood at Rs 192.66 trillion, while deposits stood at Rs 240.98 trillion.
RBI Deputy Governor Swaminathan J has warned that unchecked risks from algorithms, data dependence, and emerging technologies could spread quickly through the financial system
The rupee surged to 87.83 per dollar on Thursday, its strongest level in a month, buoyed by heavy dollar sales by the Reserve Bank of India and improved global risk sentiment