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Reserve Bank of India (RBI)

Private consumption driving growth in Q3 with rural India taking lead: RBI

Private consumption driving growth in Q3 with rural India taking lead: RBI

Thu, Nov 21, 2024

It also states that FMCG and auto companies have been stepping up ad spends to revive demand. Direct-to-consumer (D2C) brands are scrambling for funds to expand their presence and increase sales through quick-commerce (q-com) platforms – an ecosystem valued at over $5 billion and projected to reach $30 billion by 2029-30.

Urban cooperative banks need to evolve digitally: RBI Deputy Governor

Urban cooperative banks need to evolve digitally: RBI Deputy Governor

Thu, Nov 14, 2024

Reserve Bank of India (RBI) Deputy Governor Swaminathan J on Thursday stressed the need for urban cooperative banks to evolve digitally, addressing IT and cybersecurity gaps as he highlighted the importance of improving the liquidation process to protect depositors' interests.

Star India to make web series on Reserve Bank

Star India to make web series on Reserve Bank

Mon, Nov 11, 2024

Star India will make a web series on the Reserve Bank of India's 90-year-long journey to help people have a better understanding about the central bank's vital role in the country's fast-growing economy.

TRENDING NOW

RBI to cut rates? CPI inflation now under 4% despite skyrocketing petrol, diesel prices

RBI to cut rates? CPI inflation now under 4% despite skyrocketing petrol, diesel prices

Thu, Sep 13, 2018

Retail inflation fell below 4% to a 10-month low of 3.69% in August on the back of a fall in vegetables, fruits and pulses, showed data released by the Central Statistics Office on Wednesday.

How mere PM Modi Sunday meeting plan rescued Indian rupee

How mere PM Modi Sunday meeting plan rescued Indian rupee

Thu, Sep 13, 2018

Expectations of an economic package following the news of Prime Minister Narendra Modi’s plans of holding a review meeting on the economy and the currency on Sunday saw the rupee surging 83 paise to 71.86 per dollar in late afternoon trade - one of the strongest rallies in nearly 18 months.

India’s Consumer Price Index (CPI) inflation: Agri production likely to be hit, says Abheek Barua

India’s Consumer Price Index (CPI) inflation: Agri production likely to be hit, says Abheek Barua

Tue, Sep 11, 2018

The world in general and India in particular, especially the common man and the investors, are waiting for some good news on inflation, and today, it will become clear whether things have changed for the better or worse on the price front.

RBI buys 8.46 tonne of gold in FY18; first purchase in 9 yrs

RBI buys 8.46 tonne of gold in FY18; first purchase in 9 yrs

Tue, Sep 04, 2018

The Reserve Bank of India (RBI) has bought 8.46 tonne of gold in financial year 2017-18, the first purchase of yellow metal by the apex bank in almost nine years, a report said.

Banks to remain open in first week of September

Banks to remain open in first week of September

Fri, Aug 31, 2018

The WhatsApp message on bank holidays, which went viral, claimed that banks would remain closed from September 2 to 5 and then from September 8 to 9 for the weekend, a total of six days in the first week of September.

Household savings in form of cash soared to 7-yr high in post demonetisation year

Thu, Aug 30, 2018

As per the RBI data, financial saving of the household sector in form of currency was 1.2 per cent of GNDI in 2011-12, 1.1 per cent in 2012-13, 0.9 per cent in 2013-14. It increased to 1 per cent of GNDI in 2014-15, 1.4 per cent in 2015-16 and declined by 2 per cent in the demonetisation year of 2016-17.

Bad loans in banks set to rise, crisis to get worse, says RBI

Bad loans in banks set to rise, crisis to get worse, says RBI

Thu, Aug 30, 2018

Reserve Bank of India (RBI) in its annual report said that current economic scenario could increase the gross non-performing assets (NPAs) of the banking system.

Fixed Deposit rates in India rise: Why it's time to rebalance your Equity vs Debt investment portfolio

Fixed Deposit rates in India rise: Why it's time to rebalance your Equity vs Debt investment portfolio

Mon, Aug 20, 2018

Fixed Deposit rates in India: With the equity markets scaling new highs almost every other day and interest rates on fixed income products rising, retail investors need to take a fresh look at their investment portfolio and check if it needs re-balancing.

RBI intervention may not do much to stabilise rupee: economic affairs secretary

RBI intervention may not do much to stabilise rupee: economic affairs secretary

Tue, Aug 14, 2018

Any intervention by India`s central bank may not do much to stabilise the rupee as a fall in the currency is due to global factors, a senior finance ministry official said on Tuesday.

Big setback for Urjit Patel, here is how Rangarajan says he is wrong

Big setback for Urjit Patel, here is how Rangarajan says he is wrong

Sat, Mar 17, 2018

Former central bank chief C Rangarajan today said the Reserve Bank has 'enough powers' to supervise the banking sector, though it has to consult government while taking action against earring bankers. Rangarajan's statement comes within days of Patel expressing anguish over the spate of frauds in the banking sector and demanding more powers to deal with them

This bank's manager booked for sending fake currency to RBI

This bank's manager booked for sending fake currency to RBI

Sun, Mar 11, 2018

Acting on a complaint by Satey Kumar, manager of RBI's Kanpur branch, the FIR was registered against the accused of sending fake Rs 1,000 and Rs 500 notes to the central bank

JSW Steel, ArcelorMittal, Tata Steel vie for Bhushan Steel

JSW Steel, ArcelorMittal, Tata Steel vie for Bhushan Steel

Sun, Feb 04, 2018

The last date to submit bids for Bhushan Steel, the maker of auto grade steel in India, was February 3

Govt announces sale of floating rate bonds

Govt announces sale of floating rate bonds

Mon, Jan 22, 2018

The auctions will be conducted using multiple price methods and done by the Reserve Bank of India (RBI) on January 25

RBI may revise upwards inflation forecast for the year

RBI may revise upwards inflation forecast for the year

Mon, Jan 15, 2018

DBS said clear guidance from RBI in the upcoming policy will be key in guiding the markets

Q4 results likely to show recovery as note-ban woes fade

Q4 results likely to show recovery as note-ban woes fade

Mon, Apr 10, 2017

Jeffries said that the markets are likely already factoring in potential upward revision in consensus earnings in 2017-18.

B P Kanungo takes over as RBI Deputy Governor

B P Kanungo takes over as RBI Deputy Governor

Mon, Apr 03, 2017

RBI`s other deputy governors are Viral Acharya, S.S. Mundra and N.S. Vishwanathan.

One month post demonetisation, Rs 4.27 lakh crore notes issued, says RBI

One month post demonetisation, Rs 4.27 lakh crore notes issued, says RBI

Fri, Dec 09, 2016

RBI today said that currency notes worth over Rs 4.27 lakh crore have been issued to public through banks and ATMs following the demonetisation of old high value bills.

Now your Paytm wallet will become your Paytm Payments Bank account

Now your Paytm wallet will become your Paytm Payments Bank account

Mon, Dec 05, 2016

Digital wallet service company, Paytm owned by One97 Communications Ltd, said on Monday that it will be converted into Paytm Payments Bank after the company is granted licenses by Reserve Bank of India.

Gross NPAs of PSBs jump nearly Rs 80,000 crore in July to September

Gross NPAs of PSBs jump nearly Rs 80,000 crore in July to September

Tue, Nov 29, 2016

Public banks have seen nearly Rs 80,000 crore increase in gross non-performing assets (NPAs) in the three months ended September 2016. As on September 30, gross NPAs of public sector banks rose to Rs 6,30,323 crore as against Rs 5,50,346 crore by June end.

Shaktikanta Das says more initiatives to ease cash crunch, 82,000 ATMs recalibrated

Shaktikanta Das says more initiatives to ease cash crunch, 82,000 ATMs recalibrated

Wed, Nov 23, 2016

Department of Economic Affairs Secretary, Shaktikanta Das, on Wednesday spoke of the new initiatives taken by Reserve Bank of India (RBI) and the government to help smooth the ongoing battle of a cashless society on account of demonetisation.

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