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"rbi"

  • RBI asks banks to redouble recovery efforts

    Swaminathan said banks make a provision against a dud asset and at the time of a write-off the provisions have to equal the outstandings in an account
  • RBI proposes to introduce UPI payments through AI conversations

    Reserve Bank of India on Thursday proposed to introduce and enable UPI-based payments through AI-powered conversations
  • Markets fall post RBI monetary policy decision

    Benchmark equity indices declined on Thursday post the RBI monetary policy, dragged down by banking counters
  • Rupee rises 17 paise to close at 82.68 against US dollar post RBI policy decision

    The rupee gained 17 paise to close at 82.68 (provisional) against the US dollar on Thursday after the Reserve Bank left its key interest rates unchanged
  • RBI retains repo rate at 6.5%

    RBI Governor Shaktikanta Das said on Thursday that the committee unanimously decided to keep the repo rate at 6.5 per cent.
  • Opinion: Sticky last mile US inflation

    For India, fiscal consolidation should not be only about growth but spending prudence should also be adhered to
  • Forex reserves drop by USD 3 bn to USD 603.87 bn in 2nd consecutive weekly decline

    India's forex reserves dropped by USD 3.165 billion to USD 603.87 billion for the week ended July 28, the RBI said on Friday
  • RBI says 88 per cent of Rs 2,000 notes returned to banks

    RBI said the total value of Rs 2,000 banknotes received back from circulation is Rs 3.14 lakh crore up to July 31, 2023
  • RBI may maintain status-quo on interest rate, say experts

    Reserve Bank is likely to maintain status-quo on the key interest rates for the third time in a row in its upcoming bi-monthly policy review
  • Sebi mandates Legal Entity Identifier for all non-individual FPIs

    Sebi on Thursday made it mandatory for all non-individual FPIs to provide their Legal Entity Identifier details
  • Digital payments rise 13 pc y-o-y at March-end 2023: RBI data

    Digital payments across the country registered a growth of 13.24 per cent in a year through March 2023
  • Currency note with ‘star’ symbol identical to any other legal banknote, says RBI

    (*) symbol is inserted in the number panel of a banknote that is used as replacement for defectively printed notes in a packet of 100 pieces of serially numbered banknotes
  • RBI permits banks to open vostro accounts from 22 countries for trade in rupee

    This would enable exporters and importers to invoice and pay in their respective domestic currencies enabling the development of a bilateral foreign exchange
  • Central banks need to incorporate climate-related risks in supervisory framework: RBI deputy governor

    The deputy governor further said over the years, Reserve Bank has been taking various policy measures to promote and support green finance initiatives
  • Paytm’s CEO Vijay Shekhar: Expects free cash flow by year-end

    Paytm has reported a narrowing of loss to Rs 358.4 crore in the first quarter ended June 30, 2023.
  • RBI’s returns from investments set to jump by USD 6-8 bn in FY24

    For the week to July 7, the forex reserves rose by USD 1.23 billion to USD 596.3 billion, but still vastly down from the USD 645 billion peak
  • Rising tomato prices received widespread attention as it has taken toll on households’ budgets: RBI article

    In recent weeks, the price of tomatoes has soared to up to Rs 250 per kilogram, mainly due to crop damage
  • RBI, CBUAE sign pacts to promote use of rupee, UAE dirham for cross-border transactions

    The agreements were exchanged between the two governors, in the presence of the Prime Minister of India Narendra Modi and Sheikh Mohamed Bin Zayed Al Nahyan
  • India’s forex reserves rise USD 1.23 billion to USD 596.28 billion

    India's foreign exchange reserves jumped USD 1.229 billion to USD 596.28 billion in the week ended July 7
  • RBI Governor asks banks to remain vigilant amid adverse global scenario

    Governor Shaktikanta Das on Tuesday told chiefs of public and private sector banks that owing to prevailing adverse global conditions, banks need to be extra vigilant
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