However, repo rates were just part of the story in the December monetary policy. The RBI cut the GDP estimates for FY25 by 60 ...
The rupee's relative stability was due to the RBI's heavy dollar sales strategy in response to these outflows. The US dollar ...
EPFO is revamping its work processes and IT network to hasten the services following long-standing grievances of cumbersome ...
A group of Indian lenders has asked the central bank to approve a new benchmark for overnight indexed swaps, according to ...
MUMBAI: A relatively weak rupee, in the short term, benefits India's trade balance, a report published by RBI said. However, ...
The year 2024 has marked a pivotal moment in India’s financial sector, with the Reserve Bank of India (RBI) taking ...
Despite these challenges, the RBI is expected to initiate a rate-cutting cycle in 2025, potentially reducing rates by 50-75 ...
In October, the RBI intervened heavily in forward and spot currency markets with $44.5 billion to support the rupee. Despite significant foreign portfolio outflows and a rise in the US dollar, the ...
Ranging from 300 to 900, reflect creditworthiness, impacting loan approvals and terms. Recent RBI updates improve consumer ...
RBI officials warn of weakening sales growth and lacklustre private investment due to inflation and slowing GDP.
The total number of prepaid payment instrument (PPI) wallets saw a 20.4 per cent year-to-date (YTD) decline, dropping from 1.44 billion in January to 1.14 billion in November, according to data from ...
The nonprofit youth baseball and softball league, which aims to create "major league citizens," served 1,875 kids last year.