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    RBI may cut repo by 40 bps: Report

    03 Sep 2019

    Noting the gloomy start to the current fiscal with a dismal 5 per cent growth in the first quarter, broking house Kotak Equities on Tuesday also cut down India’s 2019-20 GDP gorwth estimate to 5.8 per cent and said it sees the RBI

    RBI clarifies free ATM transactions' issue

    16 Aug 2019

    The Reserve Bank of India (RBI) clarified that those transactions which fail on account of technical and other specified reasons shall not be included in the ‘five free monthly ATM transactions’.

    India’s CB makes unconventional rate cut in a bid to spur growth

    07 Aug 2019

    The Reserve Bank of India (RBI) lowered its benchmark interest rates for a fourth straight meeting on Wednesday with a slightly bigger than expected cut, underscoring its worries about India’s near-five year low economic growth pace. The six-member monetary policy committee (MPC) cut the repo

    Inflows to strengthen Indian rupee

    21 Mar 2021

    Sustained foreign inflows along with a slew of upcoming IPOs are expected to strengthen the Indian rupee during the week ahead. Accordingly, these factors are expected to push the rupee beyond its current 52 week high mark.

    Foreign exchange reserves in India rise by over $4.48 billion

    10 Jan 2021

    India’s foreign exchange reserves rose by $4.483 billion during the week ending Jan.1. According to the Reserve Bank of India’s weekly statistical supplement, the reserves increased to $585.324 billion from $580.841 billion reported for the week ended December 25.

    Rising trade deficit to dampen rupee’s prospects across India

    17 Jan 2021

    Rising trade deficit along with chances of a populist budget might dampen rupee’s prospects during the coming week. Nevertheless, persistent interest of Foreign institutional investors (FIIs) in India’s equity market will arrest any sharp depreciation moves.

    India holds rates, RBI assures markets of liquidity

    05 Feb 2021

    India’s central bank kept rates steady at record low levels as expected on Friday and said it would maintain support for the economy’s recovery from the pandemic by ensuring ample liquidity

    RBI committee suggests raise in capital amounts for new banks

    22 Nov 2020

    To ensure that entities seeking private banks licence remained adequately capitalised to meet any eventuality, a Reserve Bank of India (RBI) internal committee has recommended nearly doubling of the initial capital

    India’s central bank holds key interest rates as inflation rises

    06 Aug 2020

    India’s central bank (CB) kept key interest rates on hold on Thursday as it sought to contain a rise in retail inflation, though it vowed to keep policy sufficiently loose to help revive growth in the coronavirus battered economy.

    RBI maintains key lending rates as high retail inflation persists

    09 Oct 2020

    Persistently high retail inflation fanned in part due to supply side disruptions along with seasonal factors led the Reserve Bank of India (RBI) to maintain the key lending rates.

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