India will stand out with 7% growth rate in FY23 amid global gloom, says EAC-PM member Sanyal New Delhi Amid fears of the world slipping into recession, India will perhaps emerge as the stronges The Hindu · Oct 9, 2022
Forex reserves decline to over 2-year low of $532.66 billion MUMBAI: India's foreign exchange reserves fell to $532.66 billion in the week through September 30, their lowest level since July 2020, the Reserve Bank of India's (RBI) weekly statistical supplement showed on Friday. The Times of India · Oct 7, 2022
RBI to soon start pilot launch of e-rupee for specific use cases MUMBAI: The Reserve Bank on Friday said it will soon commence the pilot launch of e-rupee for specific use cases with a view to bolstering India's digital economy, making payment systems more efficient, and checking money laundering. The Times of India · Oct 7, 2022
RBI launches advanced supervisory monitoring system DAKSH MUMBAI: Reserve Bank governor Shaktikanta Das on Thursday launched a new 'SupTech' initiative DAKSH - the bank's Advanced Supervisory Monitoring System, which is expected to make the supervisory processes more robust. The Times of India · Oct 6, 2022
Yes Bank gets RBI nod for appointment of Prashant Kumar as MD and CEO NEW DELHI: The Reserve Bank of India has approved the appointment of Prashant Kumar as MD and CEO of Yes Bank for three years with effect from October 6, 2022. The Times of India · Oct 6, 2022
RBI asks credit info companies to appoint internal ombudsman by April 1 next year MUMBAI: The Reserve Bank on Thursday asked Credit Information Companies to appoint internal ombudsman by April 1 next year in order to improve the efficiency of their grievance redressal mechanisms. The Times of India · Oct 6, 2022
Sebi cancels registration of Brickwork Ratings; directs it to wind down operations in 6 months NEW DELHI: Capital markets regulator Sebi on Thursday cancelled the licence of Brickwork Ratings India and directed the credit rating agency to wind down its operations within six months for allegedly violating various rules. The Times of India · Oct 6, 2022
With the rupee under pressure, what next Even though a crisis is unlikely because of differences between the external situation then and now, India could still remain vulnerable on many counts The Hindu · Oct 3, 2022
Boxed in: On need for inflation control as top policy priority As high prices restrain consumption, inflation control must be the top policy priority The Hindu · Oct 2, 2022
Inflation on RBI radar; repo rate hiked The Reserve Bank of India’s Monetary Policy Committee (MPC) on Friday raised the policy repo rate – The Hindu · Oct 1, 2022
New rules for debit, credit cards begin with tokenisation today, New Delhi The Reserve Bank of India (RBI) has made it mandatory for all credit and debit card data used in online, point-of-sale, and in-app transactions to be replaced with unique tokens Read more on Dynamite News: Dynamite News · Oct 1, 2022
India’s central bank hikes interest rates to tame inflation The fourth straight increase is part of the central bank’s effort to tame stubbornly high inflation. Al Jazeera · Sep 30, 2022
Consumer confidence continues to recover from pandemic lows; future expectations remain steady: RBI survey NEW DELHI: Consumer confidence survey released by Reserve Bank of India (RBI) on Friday for the month of September showed decent recovery in sentiments. The Times of India · Sep 30, 2022
The Times of India · Sep 30, 2022 Explained: How RBI rate hike may impact your EMIs NEW DELHI: The Reserve Bank of India's (RBI) decision to raise benchmark lending rates just ahead of the festive season may hit consumers' buying sentiments.
The Times of India · Sep 30, 2022 Sensex, Nifty rebound after 7-day fall; surge nearly 2% post RBI rate hike NEW DELHI: Equity indices snapped 7-day losing streak as markets cheered Reserve Bank of India's (RBI) rate hike decision.
The Times of India · Sep 30, 2022 High inflation, bleak global outlook: Why RBI hiked repo rate by 50 bps NEW DELHI: A stubbornly high inflation and persistently falling rupee promoted the Reserve Bank of India's (RBI) monetary policy committee (MPC) to raise benchmark lending rates for the 4th time in a row on Friday.
Dynamite News · Sep 30, 2022 RBI hikes repo rate by 50 bps to 5.90 pc, inflation projection retained Mumbai The Reserve Bank of India (RBI) on Friday hiked repo rate">rate by 50 basis points to 5.90 per cent in order to control the rising inflation, keeping in line with the aggressive policies of central banks and the volatile markets prevalent across economies. Read more on Dynamite News:
The Hindu · Sep 30, 2022 Data | Automation crushes bank hirings for clerical jobs, officers unaffected ATM usage, mobile and online transactions, and fewer new bank branches have led to reduced recruitment
The Times of India · Sep 30, 2022 RBI hikes repo rate by 50 bps to 5.9%; pegs GDP growth at 7% for FY23 NEW DELHI: The Reserve Bank of India (RBI) on Friday raised benchmark lending rates for the 4th straight time in a row, in a bid to tame the soaring inflation.
The Hindu · Sep 29, 2022 How much should India prop up the rupee? Last week, the rupee weakened against the dollar past the 81-mark to a record low. In recent months,
The Times of India · Sep 29, 2022 Sensex slips for 7th day amid F&O expiry; RBI policy in focus MUMBAI: Benchmark indices failed to hold on to early gains and closed in the red for the seventh straight session on Thursday, with participants remaining in wait-and-watch mode ahead of the RBI's interest rate decision.
The Times of India · Sep 29, 2022 Current account deficit widens to 2.8% of GDP in Q1 of FY23: RBI MUMBAI: India's current account deficit, a key indicator of the balance of payment position, widened to 2.8 per cent of GDP at $23.9 billion in the first quarter of the current financial year, mainly on account of a higher trade deficit.
Dynamite News · Sep 29, 2022 Indices on Indian markets snap 6-day losing streak in early trade The benchmark indices on stock equity markets snapped the six-day losing streak and opened higher during early trade on Thursday. Read more on Dynamite News:
The Times of India · Sep 28, 2022 Share of industrial loans in bank credit on decline, personal loans up: RBI MUMBAI: The share of industrial loans in total credit has been gradually declining over the last decade while that of personal loans is on the rise, the Reserve Bank said on Wednesday.