Gross NPA Ratio Of Banks Declines To 12-Years Low Of 2.6%, Says RBI Report
The asset quality of India’s banks has reached a 12-year high, with gross non-performing assets (GNPA) declining to 2.6% of total advances, according to the RBI's report.
RBI Report Highlights Resilience Of Indian Economy And Financial System Amidst Global Risks
The Reserve Bank of India’s (RBI) latest Financial Stability Report, released on Monday, highlights the strong macroeconomic fundamentals supporting the Indian economy.
Government To Introduce Strict Law To Curb Unregulated Lending Activities
The government plans to bring a strict law to control unregulated lending activities. It has presented a draft of the Ban on Non-Regulated Lending Activities (BULA) bill.
Indian Stock Market Opens Lower As Selling Persists Across Sectors
Market sentiment remained negative, as 1,657 stocks were in the red, compared to 559 in the green. Experts noted that November’s CPI inflation of 5.48% is within the RBI’s target range.
Sanjay Malhotra Appointed As RBI Governor; Replaces Shaktikanta Das
The government has appointed Revenue Secretary Sanjay Malhotra as the next Reserve Bank of India (RBI) Governor for three years.
RBI Leads Global Surge In Central Bank Gold Purchases With 27-Tonne Addition In October
Central bank gold purchases surged to 60 tonnes in October, with theRBI leading the way by adding 27 tonnes, according to the WGC.
Bulls Take Charge Of Dalal Street, Sensex Zooms 809 Points Before MPC Announcement
Frontline equity indices closed in the green on Thursday after a volatile trading session, driven by strong buying in IT stocks. Investors showed optimism ahead of RBI monetary policy decision.
Indian Stock Market Ends In Green, All Eyes On RBI’s MPC decision
The domestic benchmark equity indices ended in the green on Wednesday, driven by buying activity in the PSU bank and realty sectors.
RBI Reports 98.04% Of Rs 2000 Banknotes Returned Since Withdrawal Announcement
The RBI provides facilities to exchange Rs 2000 banknotes at its 19 Issue Offices. This service has been available since May 19, 2023
India’s CPI Inflation Jumps To 5.49% In September Due To Weather And High Base Effect
The Consumer Food Price Index (CFPI) showed inflation at 9.24% for September. Urban housing inflation increased to 2.78%, up from 2.66% in August
