The Latest Breaking News from RBI

Fear factor: On the inflation battle

Inflation faced by consumers eased to 5% in September, but the preferred inflation rate remains 4%

The Hindu · Oct 18, 2023

Festive cheer: Urban consumer confidence at seven-year peak | Data

Urban consumers enter 2023 festival season w/ more confidence than 7 years ago. RBI's Consumer Confidence Survey finds 36% of respondents say general economic situation improved, 25% say income improved, & 91% say price levels of commodities increased. FEI hit highest level in 4 years.

The Hindu · Oct 16, 2023

All of Google’s eyes, now on Madras High Court

All of Google’s eyes, now on Madras High Court

The Hindu · Oct 15, 2023

Morning Digest | FIR links NewsClick case to legal aid for Chinese companies; Canada moves diplomats out of India to Singapore, Malaysia, and more

The Hindu’s Morning Digest brings readers a select list of stories to start the day

The Hindu · Oct 7, 2023

RBI strikes hawkish tone with surprise bond plan

MUMBAI: The Reserve Bank of India struck a hawkish policy tone on Friday, saying inflation remains uncomfortably high and it may take measures to absorb excess cash in the market to keep price pressures under control.

The Times of India · Oct 6, 2023

RBI doubles gold loan limits for urban cooperative banks to Rs 4 lakh

MUMBAI: The Reserve Bank of India on Friday announced doubling the lending limits for gold loans under the bullet repayment scheme for urban cooperative banks to Rs 4 lakh.

The Times of India · Oct 6, 2023

Judicial interventions in ongoing cases against NewsClick: A timeline of events

We take a look at the chronology of events pertaining to interventions by High Courts in the ongoing cases against NewsClick

The Hindu · Oct 3, 2023

October 7 deadline to exchange ₹2,000 notes

RBI extends deadline to exchange/deposit ₹2,000 notes till Oct 7; exchange can be done at 19 RBI Issue Offices up to ₹20,000. Courts, law enforcement, govt. depts. can exchange/deposit without limit. India Post can also send ₹2,000 notes to RBI Issue Offices for credit to bank accts.

The Hindu · Sep 30, 2023

India’s external debt rises to $629.1 billion at end-June 2023: RBI

India's external debt rose to $629.1B at end-June 2023, with long-term debt up $9.6B. CAD widened to $9.2B in Q1:2023-24, due to higher trade deficit and lower net services surplus.

The Hindu · Sep 28, 2023

RBI imposes penalty on SBI, Indian Bank, Punjab & Sind Bank

MUMBAI: The Reserve Bank on Monday said it has imposed penalties on three state-owned banks, including SBI and Indian Bank, for violation of various regulatory norms.

The Times of India · Sep 25, 2023