Reserve Bank Of India (RBI): News
Claim settlement of deceased customers' bank accounts is now easier
The Reserve Bank of India (RBI) has proposed a uniform procedure for settling the claims related to the bank accounts, safe custody articles, and lockers of deceased customers.
India's forex reserves fall $9.3B to $689B
India's foreign exchange reserves have witnessed a major dip of $9.32 billion, according to data from the Reserve Bank of India (RBI).
RBI has good news for nominees of deceased bank customers
The Reserve Bank of India (RBI) has announced plans to standardize the procedure for settling claims pertaining to bank accounts and safe deposit lockers of deceased customers.
IRCTC gets RBI's approval to operate as online payment aggregator
The Reserve Bank of India (RBI) has granted in-principle approval to IRCTC Payments, a subsidiary of Indian Railway Catering and Tourism Corporation (IRCTC), to act as an online payment aggregator.
India's services sector rises to 11-month high in July
India's services sector has witnessed a major surge, hitting an 11-month high in July. The growth is mainly attributed to strong international demand and continued domestic sales.
Tata Capital files for ₹17,000cr IPO: Check listing schedule
Tata Capital, the Tata Group's flagship financial services company, has filed draft papers with the Securities and Exchange Board of India(SEBI) for an initial public offering (IPO).
Modi government gave employment to 11L youngsters in 16 months
The Indian government has provided employment to over 1.1 million youth in the last 16 months, said Union Minister of Labor and Employment Mansukh Mandaviya.
RBI likely to cut repo rate in August: SBI report
The Reserve Bank of India (RBI) is expected to announce a 25 basis points (bps) cut in the repo rate during its upcoming Monetary Policy Committee (MPC) meeting from August 5-7.
INR rebounds from record low on likely RBI support
The Indian rupee (INR) edged up to 87.53 against the dollar on Friday, likely on the back of Reserve Bank of India (RBI) intervention, after a volatile week dominated by unexpected punitive tariffs on shipments to the US.
India's forex reserves have jumped $2.7B to $698B: RBI
India's foreign exchange reserves have witnessed a significant increase of $2.7 billion, bringing the total to an impressive $698.19 billion for the week ending July 25.
Trump's 25% tariff on Indian goods may hit GDP growth
US President Donald Trump's recent decision to impose a 25% tariff on Indian goods could significantly impact India's GDP growth.
Bank holidays in August across India: A list
As August 2025 approaches, it's crucial to know the bank holidays for this month.
Why India's IPO market should perform well in FY26
India's initial public offering (IPO) market is poised for a strong revival in FY26.
India's forex reserves hit a 2-week low of $695B
India's foreign exchange reserves have witnessed another decline, dropping by $1.183 billion to $695.489 billion for the week ending July 18.
Need more bilateral trade pacts: RBI Governor after India-UK FTA
Reserve Bank of India (RBI) Governor Sanjay Malhotra has welcomed the recently signed Free Trade Agreement (FTA) with the UK.
Net FDI inflows plunge 98% in May: What's the reason?
India's net foreign direct investment (FDI) inflows have taken a massive hit, falling by 98% to $35 million in May 2025.
India's forex reserves decline for 2 consecutive weeks to $696.67B
India's foreign exchange reserves have witnessed a decline of $3.06 billion, bringing the total down to $696.67 billion for the week ending July 11.
RBI issues new rules to curb prepayment charges on loans
The Reserve Bank of India (RBI) has announced a new set of guidelines regarding the imposition of prepayment charges on floating rate loans and advances.
Wholesale inflation touches 15-month low of 0.13% in June
India's wholesale inflation rate has eased to a 15-month low of 0.13% in June, data released by the Indian government today has showed.
How government banks are easing burden on savings account holders
In a major policy shift, all public sector banks (PSBs) in India may soon scrap penalties for not maintaining a minimum balance in savings accounts.
India needs 10% nominal GDP growth for 'Viksit Bharat': CII
India will need a 10% average nominal GDP growth rate every year to achieve the government's vision of a 'Viksit Bharat' by 2047, said Rajiv Memani, President of the Confederation of Indian Industry (CII).
Banks to remain closed on these dates in July 2025
Banks across India will remain closed next week due to regular Saturday and Sunday offs.
Overseas Indians sent home a whopping $135B in FY25
The Indian diaspora sent a record $135.46 billion in remittances during the last fiscal year, according to RBI.
Monsoon covers entire country by June 29, 2025
The India Meteorological Department (IMD) has announced that monsoon rains will cover the entire country by June 29, 2025.
RBI mandates KYC for inactive Aadhaar operators before resuming transactions
The Reserve Bank of India (RBI) has issued a new directive, strengthening the due diligence process for onboarding Aadhaar Enabled Payment System Touchpoint Operators (ATOs).
FPIs invested over ₹13,100cr in Indian equities this week
Foreign portfolio investors (FPIs) have made a net investment of ₹13,107.54 crore in the Indian stock market during the week of June 23-27.
India's FDI inflows jump 23% in April to $8.8B
India's foreign direct investment (FDI) inflows witnessed a significant jump in April 2025, according to the Finance Ministry's Monthly Economic Review for May.
RBI's gold reserves have crossed $80B mark this year
The Reserve Bank of India (RBI) has significantly increased its gold reserves in the first half of 2025, owing to rising global and domestic uncertainties.
India's private sector activity touches 14-month high: What's the reason?
The private sector business activity in India has registered a major jump in June, hitting a 14-month high.
RBI's latest project will help curb digital payment frauds
To combat the rising menace of digital payment frauds, the Reserve Bank of India (RBI) is working with leading public and private sector banks to create a Digital Payment Intelligence Platform (DPIP).
India's forex reserves rise by $2.3B to $700B
India's foreign exchange reserves have increased by $2.29 billion to reach a total of $698.95 billion for the week ending on June 13, according to data released by the Reserve Bank of India (RBI).
You could soon pay with digital rupee—even without internet
The Reserve Bank of India (RBI) is planning to expand the offline-use feature of its Central Bank Digital Currency-Retail (CBDC-R).
India's wholesale inflation falls to 14-month low in May
India's wholesale inflation has hit a low of 0.39% in May, government data released on Monday showed.
FPIs invest around ₹3,350cr in Indian market this week
Foreign Portfolio Investors (FPIs) have pumped ₹3,346.94 crore into the Indian stock market this week.
India's forex reserves jump by $5.17B to $697B—reversing previous dip
India's foreign exchange reserves have witnessed a significant increase, rising by $5.17 billion to reach $696.66 billion for the week ending June 6, data released by the Reserve Bank of India (RBI) on Friday showed.
New RBI guidelines on gold loans: What changes for you
The Reserve Bank of India (RBI) has announced a major overhaul in the regulations for gold and silver loans.
Bank Nifty hits all-time high of 57,000: What's fueling rally?
The Bank Nifty index in India has hit a record high, passing the 57,000 mark for the first time ever.
How Airtel plans to tackle digital frauds in India
In a bid to tackle the rising menace of digital frauds, telecom giant Airtel has reached out to over 40 banks, the Reserve Bank of India (RBI), and National Payments Corporation of India (NPCI).
Your EMIs on Bank of Baroda loans will go down
State-owned Bank of Baroda has announced a reduction in its Baroda Repo Linked Lending Rate (BRLLR) by 50 basis points to 8.15%.
RBI changes policy stance from 'accommodative' to 'neutral'—What it means
The Reserve Bank of India (RBI) has surprised everyone by slashing the repo rate by 50 basis points (bps) while changing its policy stance from 'accommodative' to 'neutral.'