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    India’s central bank holds key rates, raises growth outlook

    India’s central bank holds key rates, raises growth outlook

    07 Jun 2024

    The Reserve Bank of India (RBI) kept its key interest rate unchanged on Friday in a widely expected move, saying robust economic growth will give it space to focus on...

    India’s Paytm signs new banking partner

    India’s Paytm signs new banking partner

    17 Feb 2024

    India’s Paytm Payments Bank has been given more time by the central bank to wind down its operations, while its parent company has signed on a new banking partner to...

    India’s central bank keeps rates unchanged

    India’s central bank keeps rates unchanged

    08 Feb 2024

    India’s central bank left rates unchanged on Thursday, signalling that interest rate cuts may be some time away as it focuses on the “last mile of disinflation” towards its 4%...

    Paytm stock loses $2b after RBI order

    Paytm stock loses $2b after RBI order

    04 Feb 2024

    Shares in India’s Paytm plunged 20 per cent for a second straight day after its banking arm was ordered to halt business and despite assurances from its CEO that the...

    RBI keen on strengthening its partnership with UAE

    RBI keen on strengthening its partnership with UAE

    10 Sep 2023

    Shri Gunveer Singh, Chief General Manager of the Reserve Bank of India’s Department of Payment and Settlement Systems, said that India is looking forward to more meaningful cooperation with the...

    India’s CB keeps rate unchanged, retains GDP growth forecast at 6.5%

    India’s CB keeps rate unchanged, retains GDP growth forecast at 6.5%

    08 Jun 2023

    The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), on the basis of an assessment of the current and evolving macroeconomic situation, on Thursday decided to keep...

    India to withdraw Rs2,000 currency notes from circulation

    India to withdraw Rs2,000 currency notes from circulation

    19 May 2023

    The Reserve Bank of India (RBI) on Friday said that it will withdraw the Rs2,000 denomination banknote from circulation but it will continue as legal tender. In a statement,...

    Indian Reserve Bank guidelines for green deposits

    Indian Reserve Bank guidelines for green deposits

    09 May 2023

    The Reserve Bank of India (RBI) has recently released a framework for green deposits, which are investments meant to be used towards environmentally sustainable projects. This aims to shape the...

    India pauses rate hikes in surprise decision, but door open for more

    India pauses rate hikes in surprise decision, but door open for more

    06 Apr 2023

    The Reserve Bank of India (RBI) surprised markets by holding its key repo rate steady on Thursday after six consecutive hikes, saying it was closely monitoring the impact of recent...

    India has well-regulated banking sector: RBI Governor Shaktikanta

    India has well-regulated banking sector: RBI Governor Shaktikanta

    18 Mar 2023

    Kochi: Reserve Bank of India Governor Shaktikanta Das gave a thumbs up to the country’s banking system, while stressing how recent developments in the US have brought to the fore...

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