reserve bank of india

Persistently high inflation globally is to stay here longer than anticipated as the ongoing war and sanctions take toll on economies, threatening a further slowdown to global trade volume, RBI said in its financial stability report…

Credit growth to industry accelerated to 8.7 per cent in May 2022, while for agriculture and allied activities, the off-take increased by 11.8 per cent, according to RBI data released on Thursday. Data on sectoral deployment of bank…

NEW DELHI: Although the number of retail investors on Dalal Street are increasing with every passing month, the latest data from the Reserve Bank of India shows a dip in the number of active traders in both stock exchanges - BSE and NSE.…

The Indian banking system and the non-banking finance companies are in fine fettle as they are likely to meet the capital norms even in the most severe stress case after bringing down bad loans to a six-year low, the Reserve Bank of…

Data-gaps related to climate change have emerged as the key hindrance in effective macro-economic policy-making for central banks across the globe including the Reserve Bank of India, Governor Shaktikanta Das said. “We are also facing…

India's central bank may need to change the way it seeks to slow the rupee's decline, analysts and traders say, with its current method of intervention in the forwards market now only accelerating the currency's fall. The rupee has hit a…

(SBI) and ICICI Bank on Tuesday acquired 9.54 per cent stake each in Perfios Account Aggregation Services Private Limited (Perfios AA). Both the banks acquired 8,05,520 equity shares each by paying Rs 4.03 crore each for the stakes.…

The growth in Scheduled Commercial Banks (SCBs) deposits moderated to 10 per cent year-on-year in March 2022, compared to an increase of 11.9 per cent a year ago, RBI data showed. During 2021-2022, current, savings and term deposits rose…

Unabated inflation in poultry farm input costs caused prices of eggs and poultry meat to turn dearer when common households are already struggling with their kitchen budget. The egg price has soared back to Rs 7 per piece after easing to…

Pallonji Mistry, the Indian-born billionaire whose engineering empire constructed opulent hotels, stadiums, palaces, and factories across Asia and whose family's epic showdown with the Tata Group sparked India's biggest corporate feud,…