India Is On Cusp Of Long-Awaited Economic Takeoff: RBI
The International Monetary Fund (IMF) has revised India's GDP growth forecast upwards by nearly 2 percentage points for the fiscal year 2023-24.
India’s Foreign Exchange Reserves Rose USD 2.6 Billion In Latest Week
Latest data released by the Reserve Bank of India (RBI) shows that India's foreign currency assets (FCA), the biggest component of the forex reserves, rose by USD 1.488 billion to USD 565.648 billion.
Reserve Bank Hosts Conference On Governance In Asset Reconstruction Companies
This conference is part of a series of supervisory engagements the RBI has been conducting over the past year with its regulated entities, including previous meetings with the boards of Scheduled Commercial Banks and Urban Co-operative Banks.
RBI Bars Kotak Mahindra Bank, New Credit Cards and Online Customer Onboarding Suspended
The central bank highlights that the bank has been found lacking in its IT Risk and Information Security Governance for two consecutive years.
Finance Ministry’s Probable Strategy in Response to RBI Ban on Bank of Baroda World App Fraud
In October 2023, Reserve Bank of India (RBI) Halts Bank of Baroda's 'BoB World' Mobile App New Customer Registrations
Equity Markets Rise Modestly To Reach Fresh Highs Following RBI Policy Announcement
Asian markets were down, with Japan’s Nikkei 225 shedding 1.96 percent, South Korea’s Kospi lost 1.01 percent, and Hong Kong’s Hang Seng down 0.01 percent
Repo Rate Remains Unchanged For The Seventh Consecutive Time Followed By Monetary Policy Meeting
RBI Governor remarked that the future appears promising for agriculture and rural activities. He emphasized that the strengthening of rural demand and improvements in employment conditions are anticipated to stimulate private consumption.
Ahead Of RBI Policy Announcement, Markets Decline In Early Trade; Sensex Falls By Roughly 200 Points
Asian markets were trading down, with Japan's Nikkei 225 shedding 2.42 percent, South Korea's Kospi lost 0.89 percent, and Hong Kong's Hang Seng down 0.69 percent
RBI Reports 97.69% of ₹2000 Currency Notes Returned to Circulation
On May 19, 2023, RBI Announces Withdrawal of ₹2,000 Denomination Bank Notes from Circulation
PM Modi’s Mumbai Visit Scheduled for April 1
A ceremony is scheduled to take place at the National Centre for the Performing Arts (NCPA) in Nariman Point, Mumbai. Prime Minister Modi is set to inaugurate the event.
