The Latest Breaking News from RBI

MUMBAI: The sweeping economic sanctions on Russia - the second largest producer of crude oil - following its invasion of Ukraine late last month can cull global and domestic growth along with the added pains of higher inflation and currency depreciation, RBI deputy governor Michael Patra has said.

It is alleged that AGFVIL cheated the public by collecting deposits without the approval of RBI and SEBI

MUMBAI: Worried over a spurt in digital frauds in recent years, the Reserve Bank on Monday asked people to never share confidential banking information like OTP and CVV, and observe cyber hygiene practices.

NEW DELHI: Reserve Bank of India (RBI) governor Shaktikanta Das on Friday said "monetary policy is an art of managing expectations" as he emphasised the need for an effective communication strategy amid concerns over rising inflation fuelled by geopolitical developments.

European stocks slide further while Moscow stock exchange remains closed for second day; rouble steadies and Brent crude rises above $100 a barrel

Thomas Mathew has taken charge as Regional Director, Reserve Bank of India (RBI), Thiruvananthapuram. Prior to the new posting, he was the Chief General Manager of the Department of Regulation at the RBI, Central Office, Mumbai.

MUMBAI: Aggregate sales of 1,701 listed manufacturing companies recorded a growth of 27.3 per cent in the third quarter of 2021-22 on an annual basis, aided by high sales growth in petroleum, non-ferrous metals, iron and steel, chemicals and textiles industries, according to RBI data released on Monday.

HYDERABAD: The Reserve Bank of India on Thursday cancelled the certificate of registration issued to PC Financial Services Private Limited, an NBFC, which is linked to Chinese companies.

NEW DELHI: The central bank plans to sell dollars to banks and take out rupee liquidity via a forex swap, a move that will help the monetary authority manage liquidity in the banking system ahead of the country’s biggest share sale.