The Latest Breaking News from RBI

Budget, recession, elections: 10 factors that may influence stock markets in 2023

NEW DELHI: After a yearly gain of 4.4%, investors of benchmark BSE sensex are now looking forward to a fresh beginning in 2023.

The Times of India · Jan 2, 2023

SBI, ICICI Bank, HDFC Bank continue to remain systemically important banks: RBI

MUMBAI: TThe Reserve Bank of India (RBI) announced on Monday that State Bank of India (SBI), ICICI Bank, and HDFC Bank are still considered Domestic Systemically Important Banks (D-SIBs).

The Times of India · Jan 2, 2023

Currency in circulation rises by 83% since demonetisation in 2016

NEW DELHI: Demonetisation of the high value currency notes of Rs 500 and Rs 1,000 did not have any discernible impact on currency in circulation (CIC) in the country, which has soared by almost 83 per cent since its announcement on November 8, 2016.

The Times of India · Jan 2, 2023

RBI pitches for common approach towards crypto assets to address potential risks

MUMBAI: To address potential financial stability risks and protect investors, it is important to arrive at a common approach to crypto assets, the Financial Stability Report released by RBI said on Thursday.

The Times of India · Dec 29, 2022

Indian economy presents a picture of resilience amid global shocks: RBI governor Shaktikanta Das

MUMBAI: Amid global shocks and challenges, the Indian economy presents a picture of resilience and the regulators are ready to take appropriate actions to preserve financial stability, RBI governor Shaktikanta Das said on Thursday.

The Times of India · Dec 29, 2022

Gross NPA ratio falls to 7-year low of 5%: RBI

MUMBAI: The RBI on Thursday said banks' gross NPA ratio has fallen to a sever-year low of 5 per cent and the banking system remains sound and well-capitalised.

The Times of India · Dec 29, 2022

India's current account deficit widens to $36.4 billion; 4.4% of GDP in Q2: RBI data

MUMBAI: Widening trade gap pushed up the country's current account deficit to $36.4 billion or 4.4 per cent of the GDP in the second quarter of the current fiscal, as per data released by the Reserve Bank on Thursday.

The Times of India · Dec 29, 2022

Banks' consolidated balance sheet hits double-digit growth in FY22: Report

MUMBAI: The consolidated balance sheet of Indian banks notched double-digit growth in 2021-22, after a gap of seven years, led by credit growth that accelerated to a ten-year high in the first half of the year, the central bank said in a report on Tuesday.

The Times of India · Dec 27, 2022

Payment system operators to report fraud on RBI's DAKSH from January 1

MUMBAI: In order to streamline reporting, enhance efficiency and automate the payments fraud management process, the RBI on Monday said the fraud reporting module will be migrated to DAKSH -- the Reserve Bank's advanced supervisory monitoring system -- from January 1.

The Times of India · Dec 26, 2022

Missed inflation target, digital currency pilot mark RBI's 2022 map; growth vector to dominate ahead

MUMBAI: The Reserve Bank of India failed to deliver on its contracted inflation target for the first time, started fiat digital currency pilot and finally saw its efforts to improve bank balance sheets see fruition in 2022, making it a mixed year for the central bank.

The Times of India · Dec 26, 2022