The RBI assures stability as IndusInd Bank addresses a one-time discrepancy, reinforcing the resilience of India's banking sector amid strong liquidity and regulatory oversight
The Reserve Bank of India issued a statement, assuring the depositors that the bank is well-capitalised and financially stable, and that there is no reason to react to speculative reports
India's headline consumer price index (CPI) inflation eased to 3.61 per cent in February-the lowest since July 2024-on the back of a sharp decline in food inflation
The rupee gained 0.58 per cent against the dollar this month, while weakened 1.6 per cent in 2025
As a central bank, he said the RBI is mindful of its role in addressing and mitigating risks to the financial system from climate change
On Monday, private lender IndusInd Bank flagged a 2.35 per cent hit to its net worth due to an underestimation of hedging costs related to forex transactions
Launched in September 2016, the account aggregator framework ensures secure financial data sharing; RBI said applicants must apply via the PRAVAAH portal by June 15
Irdai allows insurers to hedge interest rate risks with bond forwards
The RBI on Tuesday said with the normalisation of post-pandemic pent-up demand conditions, the growth in net sales of select FDI companies moderated to 9.3 per cent during 2023-24 from the high of 20.3 per cent in the previous year. The Reserve Bank released the data relating to financial performance of non-government non-financial (NGNF) FDI companies in India during 2023-24 based on audited annual accounts of 2,418 companies, which reported in the Indian Accounting Standards (Ind-AS) format for three accounting years from 2021-22 to 2023-24. Manufacturing and services sectors recorded lower sales growth of 6.4 per cent and 12.7 per cent, respectively, during 2023-24. Moderation in sales growth was broad-based across the major industries within the manufacturing and services sectors, except 'Wholesale and retail trade' and Electricity, gas, steam and air condition supply' industries. The paid-up capital (PUC) of these companies amounted to Rs 5,30,160 crore, which accounted for 51
Reserve Bank of India has requested foreign banks operating in India to report details of all offshore trades involving rupee interest rate products
The fundraising comes as the company prepares for an initial public offering (IPO), expected by September, pending shareholder approval
This is the second consecutive time that the banking regulator has approved a shorter tenor, despite the board requesting a full three-year term
The report noted that the cost of a non-vegetarian thali was up by 6 per cent year-on-year, driven by an estimated 15 per cent year-on-year rise in broiler prices
The Reserve Bank will continue to promote innovations in payment systems with soft touch regulations within regulatory guardrails and expand the reach of UPI for more efficient cross-border payments, Governor Sanjay Malhotra said on Monday. In his address at the Inauguration of Digital Payments Awareness Week 2025 here, the governor said apart from the RBI, the government and other important stakeholders like banks and payment system operators have also taken a number of initiatives to encourage the adoption of digital payments. "While these efforts have produced results, as visible in the huge growth of digital payments, there is still a lot more to be done. Going forward, we will work on three broad areas," he said. The areas are soft-touch regulations to continue promoting innovation, promote awareness generation, and more efficient cross-border payments. "We will continue to encourage innovation while promoting safety and security through soft touch regulations," the RBI chief
After its first easing in five years last month, the Reserve Bank of India may deliver another 25 basis points cut in April, followed by at least one more reduction this year
Acharya, who was a deputy governor at the RBI between 2017 and 2019, said large firms that had benefited from the protectionist measures will initially lose some value, but the economy will benefit
The RBI had projected the CPI inflation for the current financial year (FY25) at 4.8 per cent with the headline figure in March quarter remaining at 4.4 per cent
The Ordinance has excluded Reserve Bank of India (RBI)-regulated entities (REs) which are in this business
Consumer credit exposures of commercial banks and NBFCs (excluding housing, education, vehicle loans and loans secured by gold and gold jewellery) still attract a weighting of 125 per cent
The latest numbers from the RBI show it added roughly 3 tonnes in 2025, taking its gold reserves to 879 tonnes as of January 31, 2025