Government capex rose 54 per cent in April-May FY26 as RBI dividend boosted non-tax revenue and kept the fiscal deficit at a 28-year low for the two-month period
India's household debt remains below emerging market peers, with non-housing retail loans forming the bulk of borrowings, RBI says in its Financial Stability Report
Bankers said besides subdued activity in the first quarter, the slowdown could be attributed to a high base effect and muted growth across segments, including retail
It can be noted that dud assets have been one of the most challenging part for the banking system for a large part of the latter part of the previous decade
RBI Governor says financial stability is essential for growth, urges vigilance as global structural shifts make policymaking harder amid trade fragmentation, climate risks, and geopolitical tensions
Bank credit to industry expanded at 4.9 per cent in the fortnight ended May 30, against 8.9 per cent growth in the corresponding period of the previous year, the Reserve Bank said on Monday. The RBI has released the data on sectoral deployment of bank credit for May 2025 collected from 41 select scheduled commercial banks (SCBs), accounting for about 95 per cent of the total non-food credit by all commercial banks. On a year-on-year (y-o-y) basis, non-food bank credit as on the fortnight ended May 30, 2025, grew by 9.8 per cent as compared to 16.2 per cent during the corresponding fortnight of the previous year (May 31, 2024). "Credit to industry recorded a y-o-y growth of 4.9 per cent, compared with 8.9 per cent in the corresponding fortnight of the previous year. Among major industries, outstanding credit to all engineering', construction' and rubber, plastic and their products' recorded an accelerated y-o-y growth," it said. According to the data, credit to agriculture and allie
The Reserve Bank of India, in its final guidelines, eased project loan rules and cut provisioning burden on banks to 1%, instead of the earlier proposed 5%
Complying with the Reserve Bank of India's directive could raise concerns about client confidentiality and lead to jurisdictional complications with other monetary authorities
FIT model set to be reviewed amid call for excluding food inflation
After slipping to 12% in FY25, loans growth has fallen below 10%
Short-term debt to total debt ratio dips to 18.3
Bond market participants said that the borrowing amount for both state government securities and T-bills was tad lower than the expected
Private sector spending is still trailing far behind, and analysts generally agree the economy is still failing to create enough quality jobs for its large young population
The OPM of manufacturing firms moderated by 20 basis points (bps) from 14.4 in Fy24 to 14.2 per cent in Fy25
Here is an overview of the best home loans available from both public and private sector banks available for prospective buyers
RBI extends interbank call money hours to 7 pm from July and repo, TREP market hours to 4 pm from August following a working group review of trading timings
Trade policy outcomes in July, after the temporary tariff hiatus is over, and the future course of geopolitical events would likely shape the medium-term economic prospects
The revised timings for the call market will be 9:00 a.m. IST to 7:00 p.m. IST
The Reserve Bank of India will conduct a seven-day variable rate reverse repo (VRRR), for Rs 1 trillion ($11.64 billion) on Friday, its first such operation since November-end
The average liquidity surplus in the system over the past two weeks-reflected by the daily absorption by the RBI-was around Rs 2.5 trillion