"central-bank"

The Reserve Bank of India has dismissed reports suggesting it liquidated USD 12 billion in gold to defend forex reserves. The RBI confirmed physical gold stocks remain unchanged at 880.52 tonnes, despite severe macro pressures on the rupee

The appointment, which requires Senate confirmation, amounts to a return trip for Warsh, 55, who was a member of the Fed's board from 2006 to 2011

Gold surged past $5,000 an ounce to record highs amid global uncertainty, while silver crossed $100. Analysts cite strong safe-haven demand, central bank buying and supportive liquidity, maintaining a bullish outlook for precious metals through 2026 despite brief corrections

The rate cut comes for the first time in nearly five years after the last rate reduction in May 2020

The authors further said technology is offering new growth opportunities to seize by becoming more competitive and efficient.

The central bank, on January 31, directed it to stop accepting deposits or top-ups in any customer accounts, wallets, FASTags and other instruments after February 29.

The central bank said that in its statutory inspection of the bank with reference to its financial position as of March 31, 2022.

As much as 93 per cent of Rs 2000 currency notes that were in circulation on May 19 -- the day when the currency was withdrawn from circulation -- have been returned to banks.

Earlier, NITI Aayog has submitted the names of a few public sector banks (PSB) and one public sector general insurer which can be sold off under the government's new privatisation policy.

The central bank kept the benchmark repurchase rate unchanged at 4 per cent and maintained accommodative policy stance to support growth.

Both RBI and government are committed to financial stability. We have flagged certain concerns around cryptocurrencies which are being traded in the market. We have flagged certain major concerns to the government

The government last week moved to ban private cryptocurrencies.

The RBI will announce its monetary policy review on December 4

Experts opined that RBI may not go for a reduction in the policy rate in the wake of rising Consume Price Index based inflation, driven mainly by supply-side issues