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NEWS
Forex reserves surged $311 billion under RBI Governor Shaktikanta Das
Mon, Oct 07, 2024     Source : Business Standard
Latest RBI data showed, India's foreign exchange reserves surpassed the $700 billion mark
NEWS
Money in the bank: Debate over cash reserve ratio's utility grows
Mon, Oct 07, 2024     Source : Business Standard
Indians are flocking to invest in stocks, putting pressure on banks which need to strike a balance between deposits and loans
NEWS
SFBs knock RBI door as credit-deposit ratio go over 90%
Mon, Oct 07, 2024     Source : Business Line
The current methodology of calculating the CD ratio does not take into account the borrowings that SFB avails from refinance institution
NEWS
Tomato, onion and potato farmers get only a third of retail price: RBI study
Fri, Oct 04, 2024     Source : Business Line
The rest apportioned by the wholesalers and retailers
NEWS
MPC may go for a cut in December if inflation concerns recede
Thu, Oct 03, 2024     Source : Economic Times
Ahead of the Monetary Policy Committee’s next statement on Wednesday, most economists are unanimous that it is too early for the ratesetting panel to cut interest rates as some more conviction is needed ab...
NEWS
India’s forex reserves surge by $2.838 billion, reaching record high of $692.3 billion: RBI
Sat, Sep 28, 2024     Source : Mint
India's foreign exchange (forex) reserves surged $2.838 billion to reach a new high of $692.3 billion as of the week ended September 20, according to data collected from the Reserve Bank of India (RBI) pre...
NEWS
Banks see over 15% growth in new credit card addition: RBI data
Fri, Sep 27, 2024     Source : Economic Times
Total active credit cards in the economy continued to grow with Indian banks adding more than 9.2 lakh credit cards in the month of August, RBI data showed.
NEWS
Much more needs to be done to bridge last mile credit delivery: RBI dy governor Swaminathan J
Thu, Sep 26, 2024     Source : Economic Times
Indian banks have made great progress in providing access to banking in the remotest part of the country but much more needs to be done to bridge last mile credit delivery, the deputy governor of the Reser...
NEWS
Rate cuts by RBI may start by October: S&P
Wed, Sep 25, 2024     Source : Financial Express
The July budget confirmed that the government remains committed to fiscal consolidation and to keeping the focus of public expenditure on infrastructure,"S & P said in its economic outlook for Asia-Pacific...
NEWS
Strong fundamentals crucial amid global unrest: RBI Guv Shaktikanta Das
Wed, Sep 25, 2024     Source : Business Standard
Have larger responsibility of maintaining financial stability'
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