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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.

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Licence-raj gone, but inspector-raj still there: Raghuram Rajan

Licence-raj gone, but inspector-raj still there: Raghuram Rajan

Sat, May 21, 2016

Rajan said public sector banks have increased their credit to small and medium enterprises

RBI's deputy governor Mundra sees no job losses from bank consolidation

RBI's deputy governor Mundra sees no job losses from bank consolidation

Sat, May 21, 2016

The comments came on a day when the unions at the five associate banks of State Bank of India (SBI) went on a nationwide strike protesting against the merger with their parent bank.

India's forex reserves down by $970 million

India's forex reserves down by $970 million

Sat, May 21, 2016

India's foreign exchange reserves went down marginally by $970 million to $361 billion as on May 13, the Reserve Bank of India (RBI) said. According to RBI's foreign exchange data, the reserves stood at $361.02 billion as on May 13, against $361.99 billion as on May 6.

RBI should be allowed to take its own decision: Raghuram Rajan

RBI should be allowed to take its own decision: Raghuram Rajan

Fri, May 20, 2016

RBI's decision is very crucial as it is connected with fate of crores of people, says Rajan.

Are your currency notes set to get a new look?

Are your currency notes set to get a new look?

Thu, May 19, 2016

Shaktikanta Das, who is government nominee director on the Board also attended the meeting.

Growth recovery in India becoming more broad-based with rise in FDI: Morgan Stanley

Growth recovery in India becoming more broad-based with rise in FDI: Morgan Stanley

Wed, May 18, 2016

Consumption growth is expected to pick up in India on the back of employment creation.

Lawyer files PIL against 'illegal' and 'arbitrary' surcharge on plastic money

Lawyer files PIL against 'illegal' and 'arbitrary' surcharge on plastic money

Tue, May 17, 2016

Currently, many establishments including petrol pumps across the country charge an extra payment if the customer chooses to pay using plastic money.

FM Arun Jaitley says he will think about offering second term to Raghuram Rajan without any duress

FM Arun Jaitley says he will think about offering second term to Raghuram Rajan without any duress

Tue, May 17, 2016

FM Arun Jaitley says he will think about offering second term to RBI governor without any duress. Watch complete news story of Midcap Bazaar and stay updated with the latest trends and statistics in the stock market, commodity market and share market!

Swamy writes to PM Modi; says sack Rajan

Swamy writes to PM Modi; says sack Rajan

Tue, May 17, 2016

To justify his demand of seeking Rajan's termination, Swamy in a letter alleging Rajan's actions said that the Governor's moves of hiking interest rates to contain inflation were disastrous.

Manufacturing sector may slowdown in Q1 FY17, finds Ficci

Manufacturing sector may slowdown in Q1 FY17, finds Ficci

Sun, May 15, 2016

Manufacturing activity, which contributes 75% weightage to the Index of Industrial Production (IIP) growth, declined by 1.2% in March as compared to a growth of 2.0% in the corresponding period of previous fiscal, showed the recent data by the Central Statistics Office (CSO).

India Inc just became desperate for monsoons

India Inc just became desperate for monsoons

Fri, May 13, 2016

Businesses in India have been demanding the Reserve Bank of India (RBI) to decrease interest rates to spur spending which in turn is expected to increase growth.

Retail inflation shoots up, what happens to interest rates now?

Retail inflation shoots up, what happens to interest rates now?

Thu, May 12, 2016

India`s headline inflation broke a recent slowing trend in April, reducing the odds of further interest rate cuts next month by the Reserve Bank of India, even as industrial output expanded at a much-slower-than expected pace in March.

Skeletons in the closet: India bad loans getting messier

Skeletons in the closet: India bad loans getting messier

Thu, May 12, 2016

India`s bad-loans problem looks much worse than lenders have been willing to acknowledge, heaping pressure on banks` profits and further tightening the screws on distressed debt that could be bigger than New Zealand`s $170 billion economy.

Encouraging any industry surest way of killing it, says Raghuram Rajan

Encouraging any industry surest way of killing it, says Raghuram Rajan

Thu, May 12, 2016

In a strong disapproval of sector- specific sops, Reserve Bank Governor Raghuram Rajan has said "encouraging" any industry may be the surest way of killing it and policymakers should refrain from dictating the course of a business.

India's retail inflation likely tipped to snap easing trend in April

India's retail inflation likely tipped to snap easing trend in April

Thu, May 12, 2016

Consumer price inflation , which the Reserve Bank of India (RBI) targets in setting interest rates, is likely to move up to 5% last month from a provisional 4.83% in March, according to economists surveyed by Reuters.

RBI to get rates panel in policy shift

RBI to get rates panel in policy shift

Wed, May 11, 2016

Currently, Reserve Bank of India (RBI) Governor Raghuram Rajan is the sole authority for monetary policy decisions.

Better coordination among central banks needed in times of crises: Raghuram Rajan

Better coordination among central banks needed in times of crises: Raghuram Rajan

Wed, May 11, 2016

Rajan also questioned the monetary policy actions of central banks in developed countries in trying to boost demand and said that such moves could actually be having little impact along the lines intended.

Unclear if helicopter money will be effective, RBI's Rajan says

Unclear if helicopter money will be effective, RBI's Rajan says

Tue, May 10, 2016

Policy makers around the world need to ask if central banks injecting money into the economy through "helicopter drop" is politically feasible or produce the intended targets, Reserve Bank of India Governor Raghuram Rajan said on Tuesday.

India inflation probably nudged up to 5% in April: Reuters poll

India inflation probably nudged up to 5% in April: Reuters poll

Tue, May 10, 2016

"The central bank has to be confident of hitting the 5 percent target next year before deciding on easing further," said Rishi Shah, economist at Deloitte.

RBI proposes NDSL, CDSL to act as data source for foreign investment by Indian companies

RBI proposes NDSL, CDSL to act as data source for foreign investment by Indian companies

Tue, May 10, 2016

Depositories the NSDL and the CDSL would act as the single point source of data and information on the extent and nature of foreign investment in securities by Indian companies.

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