Page 30 - Rbi

RBI survey shows consumer confidence rises in rural, urban areas in July

RBI's July survey shows higher consumer confidence in rural, semi-urban and urban areas, driven by optimism on economy, jobs, incomes and easing inflation expectations

Recent volatility in rupee modest against major global currencies: RBI guv

The Governor further said that while crude oil is a key driver of inflation, stopping Russian oil purchases may not significantly impact inflation at this stage

Status quo on policy: Is this the end of the Reserve Bank's easing cycle?

With the rise in inflation from the fourth quarter, possibility of another rate cut uncertain, unless growth plays spoilsport

RBI to simplify claim process for deposits, lockers of deceased customers

The move is aimed at making settlement of claims or return of articles from a locker smooth for relatives after the death of a customer

RBI MPC maintains repo rate, PM Modi to visit China, Uttarkashi flash floods & more top #newsinamin

Maintaining its stance at ‘neutral’, the RBI’s Monetary Policy Committee has kept the repo rate unchanged at 5.5% in a unanimous decision. Meanwhile, it has also kept its FY26 GDP growth forecast unch

RBI panel proposes shift to 7-day flexible funding window for banks

The panel has invited comments on the proposals by Aug. 29

Indian economy contributing more to global growth than US: RBI Guv Malhotra

RBI Governor Sanjay Malhotra says India contributes 18% to global GDP versus US share of under 11%, retains FY26 growth forecast at 6.5% despite Trump's 'dead economy' remark

Key takeaways | RBI Monetary Policy announcements: Repo rate unchanged, stance remains neutral

On August 6, the RBI’s rate-setting panel maintained status quo on the repo rate and changed the policy stance.

MPC decided to keep repo rate unchanged at 5.5%: RBI Governor | Repo rate | Interest rate | Tariffs

The Reserve Bank of Indias Monetary policy committee kept the repo rate unchanged at 5.5% in its August monetary policy which is the third bi-monthly one for FY26.

'Lack of data': RBI keeps GDP forecast unchanged despite Trump's 25% tariff

RBI Governor Sanjay Malhotra says global uncertainties were already factored in previous growth forecasts and that RBI will continue to monitor macro conditions before revising projections

RBI announces 3 consumer-centric schemes to drive financial inclusion

Banks will be setting up camps at the Panchayat-level from July 1 to September 30, to provide re-KYC services at consumers' doorsteps

RBI removes prior approval requirement for opening vostro accounts

RBI allows authorised dealer banks to open Special Rupee Vostro Accounts for foreign banks without prior approval, easing rules to boost rupee-based trade

Rupee extends losses on trade tensions, but RBI intervention caps fall

Rupee touches 87.89/$ amid escalating US trade threats, nears record low but closes at 87.80 after RBI steps in; markets now eye RBI policy decision

RBI's MPC meet begins today: Repo rate, stance, inflation outlook, and more

After keeping rates unchanged for 11 meetings, the RBI has slashed repo in the last three policy reviews; economists await the August 6 outcome

RBI's MPC likely to keep repo rate unchanged: Business Standard poll

Respondents expect downward revision in FY26 inflation forecast

India needs to take a comprehensive stance against increasing digital fraud

State action overhaul: Three policy suggestions

Rate cut? Status quo likely in Aug monetary policy despite inflation dip

RBI set to lower inflation projection, but GDP growth estimate and policy stance may remain unchanged

₹2,000 notes worth ₹6,017 crore still in circulation, shows RBI data

The high-value Rs 2,000 notes worth Rs 6,017 crore are still in circulation even after more than two years of the Reserve Bank withdrawing the currency, according to official data released on Friday. Rs 2,000 banknotes continue to be legal tender. On May 19, 2023, the Reserve Bank of India (RBI) announced the withdrawal of Rs 2,000 denomination banknotes from circulation. In a statement, the RBI said the total value of Rs 2,000 banknotes in circulation, which was Rs 3.56 lakh crore at the close of business on May 19, 2023 has declined to Rs 6,017 crore at the close of business on July 31, 2025. "Thus, 98.31 per cent of the Rs 2,000 banknotes in circulation as on May 19, 2023, has since been returned," it said. The facility for exchange of the Rs 2,000 banknotes is available at the 19 issue offices of the Reserve Bank since May 19, 2023. From October 9, 2023, RBI Issue Offices are also accepting Rs 2,000 banknotes from individuals/entities for deposit into their bank accounts. Fu

Rupee strengthens marginally as RBI intervention supports currency

The rupee inched up against the US dollar on August 1, likely aided by RBI intervention, even as foreign outflows and negative sentiment from US tariffs kept pressure on the currency

15 more banks to adopt RBI's MuleHunter fraud detection tool by October

At least 15 more banks are set to implement the RBI-developed MuleHunter platform over the next two months to intensify efforts to tackle fraud by identifying accounts used for fraudulent transactions, a senior official said on Friday. Five lenders, including Canara Bank, Punjab National Bank, Bank of India, Bank of Baroda and AU Small Finance Bank, have already implemented the platform developed by the RBI Innovation Hub, a fully-owned subsidiary of the central bank, while Federal Bank is set to adopt it over the next few days, the official added. Mule accounts, or accounts created by fraudsters to receive, transfer or launder illicit funds collected from unsuspecting victims, have been a big challenge for the banking system because such accounts, which are generally opened using fraudulently obtained credentials, are used for transferring proceeds of financial frauds. Usually, there are multiple layers of such accounts from where funds are transferred within a short time to ensure