reserve bank

Commerce and Industry Minister Piyush Goyal is likely to chair a meeting of the Board of Trade next month to discuss ways to boost the country's exports, an official said. The Board is an advisory body on the foreign trade policy. It is…

The Reserve Bank of India (RBI) released on Friday its periodic Scheduled Banks' Statement of Position in India for the fornight ended August 12. According to data from the release, Bank credit in India grew by a significant 15.32 per…

Inflation trajectory continues to be "heavily contingent" upon the evolving geopolitical developments, international commodity prices and global financial sector developments, Reserve Bank Deputy Governor Michael Debabrata Patra has…

New Delhi: Banks are in discussion with the Reserve Bank to further strengthen the central know your customer (CKYC) format in order to avoid multiple accounts in the banking system with different KYC identification. At present, any one…

RBI Monetary Policy Committee (MPC) member Jayanth R Varma on Wednesday cited escalation of geopolitical tensions as the biggest risk to India's growth outlook, especially if these tensions spread to the Asian region, reported PTI.…

Commercial paper sales have more than halved in the first fortnight of July to nearly Rs 46,000 crore from Rs 1,17,000 crore a year ago as hardening market interest rates has pushed borrowers to conventional bank working capital loans.…

The finance ministry on Tuesday said that an Indian corporate entity can make a direct investment under an automatic route into a foreign entity involved in financial services activity (except banking and insurance) beyond the prescribed…

The current account deficit will be within manageable levels and its financing will be in a reasonably comfortable manner, said RBI Governor Shaktikanta Das. In an interview with Nikunj Dalmia, Managing Editor, ET Now, Das said, "We have…

The Reserve Bank's rate setting panel is likely to opt for slowing down the pace of hikes and increase the repo rate by 0.25 per cent in September, Deutsche Bank said on Monday. The central bank has already hiked the repo rate by 1.40…

India is better placed on the growth-inflation-external balance triangle for 2022-23 than it was two months ago, on the back of government policy response and the Reserve Bank's monetary policy actions, the finance ministry's monthly…