RBI Monetary Policy: Is the rate cut a growth pill to boost demand? Here's what it means for the Indian economy
The decision by RBI on Friday to reduce its key rate for the first time in five years comes less than a week after the ...
RBI Policy Meeting GDP Forecast: Malhotra & Co peg India’s FY26 growth aim at 6.7%
The Reserve Bank of India forecasted India's GDP to grow at 6.7% in FY26, with quarterly projections at around 6.5%-7%. The ...
India bolsters rupee trade: RBI gives nod for 156 vostro accounts with 26 banks for partner nations
A Special Rupee Vostro Account (SRVA) is a banking arrangement that allows foreign banks to hold Indian rupees in an account ...
India to launch new domain name for banks to fight digital fraud
India’s central bank is introducing an exclusive “.bank.in” domain for banks from April 2025 as part of efforts to combat rising digital payment frauds and bolster trust in online banking services.
Rupee sidesteps RBI rate cut to end up but posts worst week in over 2 years
On the day, the currency rose about 0.2% to end at 87.4250 against the U.S. dollar. It declined by nearly 1% on the week though, its worst weekly performance since December 2022. Asian currencies were ...
RBI to use new data, develop robust models to improve inflation forecasting
RBI’s comments come amid rising calls to exclude food inflation from the calculation of headline CPI inflation, first brought ...
India Central Bank Kicks Off Easing Cycle to Boost Economy
The Reserve Bank of India cut its policy rate for the first time in nearly five years as economic growth slows and inflation ...