RBI

New Delhi: To celebrate its 90th anniversary, the Reserve Bank of India will organize a nation-wide quiz for college students pursuing undergraduate courses across all streams. The University Grants Commission (UGC) has released a…

New Delhi: India's economic growth rate dipped to 6.7% in the first quarter of the current financial year (FY25), marking the lowest level in five quarters. This slowdown from the previous quarter's 7.8% growth rate and the 8.2% figure…

New Delhi: The Reserve Bank of India (RBI) preferred to keep its key interest rate unchanged for the ninth consecutive time, announced the RBI governor Shaktikanta Das on Thursday. A six-member Monetary Policy Committee (MPC) headed by…

Mumbai: The Reserve Bank of India (RBI) has introduced stricter regulations for domestic money transfers, enhancing tracking mechanisms for both cash pay-in and pay-out services. In a circular released on Wednesday, the RBI mandated that…

Mumbai: India's foreign exchange reserves surged to an all-time high, reaching a staggering $666.854 billion for the week ending July 12, according to the Reserve Bank of India (RBI). This marks a significant jump of $9.699 billion compared…

New Delhi: The Reserve Bank of India (RBI) announced on Monday that 97.87% of the ₹2000 denomination banknotes have been returned to the banking system, leaving only ₹7,581 crore worth of these notes with the public. The RBI had…

India's wholesale inflation surged for the third consecutive month in May, reaching 2.61% year-on-year, fueled by a significant rise in food article prices, particularly vegetables. This marks a sharp increase from the previous month's…

Mumbai: Equity indices, Sensex and Nifty, surged to new record highs on Thursday, buoyed by lower inflation figures which sparked hopes of an interest rate cut by the Reserve Bank of India (RBI). The 30-share BSE Sensex jumped 538.89…

New Delhi: The Reserve Bank of India (RBI) unveiled a series of proposals to safeguard the safety and security of digital payments and enhance regulatory frameworks. These initiatives were announced by RBI Governor Shaktikanta Das, to…

New Delhi: For the eighth consecutive time, the Reserve Bank of India (RBI) kept key lending rate unchanged to provide space to focus on bringing down inflation. The Monetary Policy Committee (MPC) kept the repo rate steady at 6.5 per…