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"reserve-bank-of-india"

  • YS Jagan cites RBI data to claim Andhra Pradesh’s industrial growth under YSRCP rule

    Former Andhra Pradesh CM YS Jagan Mohan Reddy has dismissed allegations by TDP and JSP that Brand AP was destroyed under YSRCP rule, citing RBI statistics that place Andhra Pradesh at the top in South India for manufacturing and industry growth between 2019-24. He argued that the data proves the state’s economy was booming.
  • Hyderabad police warns against cyber fraud using RBI’s UDGAM portal

    Hyderabad Police Commissioner V.C. Sajjanar has cautioned citizens against a new cyber scam in which fraudsters misuse the RBI’s UDGAM portal name to lure victims with fake claims of unclaimed bank deposits.
  • RBI warns public against fake links on unclaimed deposits

    The RBI and Hyderabad Cybercrime Police have issued alerts warning citizens about fake messages claiming to help recover unclaimed deposits. Officials stressed that only the UDGAM portal should be used and urged the public not to click suspicious links or share personal details.
  • UPI sets new record in October with Rs 27.28 lakh crore transactions

    Driven by festive spending, UPI transactions hit an all-time high of Rs 27.28 lakh crore in October, up 16 per cent year-on-year, according to NPCI. With 20.7 billion transactions, UPI continues to dominate India’s digital payments landscape and expand globally
  • 98.37 per cent of Rs 2,000 notes returned to banks, says RBI

    According to RBI data, Rs 2,000 denomination banknotes worth Rs 5,817 crore remain in circulation. Since their withdrawal announcement in May 2023, 98.37 per cent of the notes have been returned. The Rs 2,000 notes continue to be legal tender, the RBI clarified.
  • ED conducts searches on FFMCs, books several outlets for violations

    The Enforcement Directorate has booked several Full Fledged Money Changers in Hyderabad for operating without valid RBI licences. Despite surrendering their licences earlier this year, some firms continued illegal forex operations using forged documents.
  • RBI keeps interest rates unchanged amid uncertainty over Trump’s tariffs

    The Reserve Bank of India kept the repo rate unchanged at 5.5% for the second consecutive time, citing tariff uncertainties. Governor Sanjay Malhotra highlighted risks to growth despite easing retail inflation, which fell to a six-year low in August 
  • Telangana to borrow Rs 4,000 crore, hits new peak

    Telangana is poised to reach a record Rs.16,000 crore in market borrowings this September, with another Rs. 4,000 crore auction scheduled on RBI’s e-Kuber platform. Having already exhausted 92% of its annual borrowing limit, the State faces mounting concerns from financial analysts over its fiscal sustainability.
  • Opinion: Central banks beyond the bottom line

    The true performance of central banks lies in stability, credibility, and independence — not profits or losses
  • Telangana raises Rs 6,000 cr through government securities auction

    The fresh borrowings will push Telangana's total debt in the first five months of the current financial year beyond 50 per cent of the budgeted figure.
  • RBI clears reappointment of R Gandhi as Yes Bank chairman

    The Reserve Bank of India has approved the reappointment of former Deputy Governor R. Gandhi as Yes Bank’s part-time chairman from September 2025 to May 2027. Gandhi, a veteran central banker with 37 years’ experience, previously served in RBI, SEBI, and IDRBT
  • Editorial: RBI’s cautious stance

    RBI pause reflects a wait-and-watch approach amid global uncertainties and the impact of the previous rate cuts
  • Saanvi wins triple crown, Arush, Nikhat win titles

    The Justice PC Ghose Commission accused KLIP officials of irregularities in awarding contracts and bypassing protocol, but the State defended the project, stating assets worth over ₹80,000 crore are operational
  • Inflation expected to stay below 4 per cent for next two quarters: CareEdge

    India’s headline inflation is expected to stay below 4 per cent for the next two quarters, driven by easing food prices and a favourable base effect. CPI inflation fell to 2.1 per cent in June, the lowest since January 2019, according to CareEdge Ratings
  • RBI may cut repo rate by 25 bps in August MPC meet: SBI Research

    SBI Research expects the RBI to cut the repo rate by 25 basis points in August, citing soft inflation, early festive demand, and global headwinds. It warns against delayed action that may miss the current policy window
  • Rising digital fraud: Centre pushes for 1600-series call adoption, pilot with 7 banks underway

    The ‘1600’ series is a phone numbering range exclusively designated for all voice calls originating from regulated entities in the banking, financial services, insurance (BFSI), and securities sectors 
  • NPCI International adds 13 more banks, widens India-Singapore remittance base

    Recipient in India can receive remittances from Singapore in their accounts through their preferred UPI-enabled apps such as BHIM, Google Pay and PhonePe
  • RBI’s Financial Stability Report: Risks policymakers shouldn’t overlook

    RBI’s June 2025 Financial Stability Report highlights India's improving banking health. However, rising household and public debt, and rapid unsecured retail lending point to potential risks amid uncertainties
  • Who will be the next CEO of IndusInd Bank?

    Three names emerge as frontrunners for the top post; IndusInd Bank set to submit CEO shortlist to RBI amid leadership crisis
  • Opinion: RBI empowering banks to lend more

    In a bank-driven economy, aspirational growth cannot be achieved without adequate credit flow to all productive sectors
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