The Latest Breaking News from RBI

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.

The Times of India · Sep 28, 2022

Three-day RBI monetary policy meet starts today; another repo rate hike likely

The monetary policy committee of the Reserve Bank of India is all set for its bi-monthly review meeting starting today. Read more on Dynamite News:

Dynamite News · Sep 28, 2022

Falling Rupee: TOI says ‘it’s all right’, Express says ‘hawkish commentary roiled markets’

While the Indian rupee has continued to hit record lows, editorials by prominent English dailies have differed on the role played by the Reserve Bank of India.

Newslaundry · Sep 28, 2022

India has fairly large forex reserve to deal with current situation: Economic Affairs Secretary

Foreign exchange reserves were down for a seventh continuous week, dropping to $545.65 billion on September 16.

The Hindu · Sep 27, 2022

Sensex tumbles 954 points; Nifty settles at 17,016: Top reasons behind market fall

NEW DELHI: Equity indices dragged for the fourth straight session on Monday with the benchmark BSE sensex crashing over 900 points amid weak global market trends and foreign fund outflows.

The Times of India · Sep 26, 2022

The death trap that’s India’s illegal loan apps

One night in November 2020, Sai Aravind, telephoned a friend. In the course of the two-hour conversation, the 23-year-old wept incessantly, almost unable to speak through his tears.

Newslaundry · Sep 24, 2022

Currency pressure: On the rupee’s depreciation against the dollar

The Reserve Bank of India will have to ensure price stability and prevent further weakening of the rupee 

The Hindu · Sep 23, 2022

Economists see RBI delivering another 50 bps hike next week

MUMBAI: Economists are unanimous in forecasting that the central bank has no other option but to deliver a 50 bps rate hike next week and take the terminal rate to 6.25 per cent by December.

The Times of India · Sep 23, 2022

Sensex crashes 1,021 points; Nifty settles at 17,327: Top reasons behind market fall

NEW DELHI: Equity indices dragged for third straight session on Friday with the benchmark BSE sensex crashing over 1,000 points amid an overall bearish trend in global markets.

The Times of India · Sep 23, 2022

Good investment climate boosts project financing

The State’s share in the overall project cost of ₹1,43,314 crore sanctioned by banks and financial institutions increased to 8.7% in 2021-22 from just 0.7% of ₹75,558 crore in 2020-21

The Hindu · Sep 22, 2022