RESERVE BANK OF INDIA DATA
CJI Surya Kant flags rising 'digital arrest' scams duping educated people
Chief Justice of India Surya Kant voiced shock at educated people being defrauded by digital arrests. A recent case involved an elderly woman losing all her retirement savings. The Supreme Court is actively addressing this growing cybercrime. Discussions are underway with authorities like the RBI and DoT to establish procedures and compensation frameworks.
Global Markets: Uncertain global outlook keeps investors balancing risk and opportunity
Markets start the week on a positive note as Donald Trump signals possible easing of the Iran conflict, supporting global equities. However, optimism is tempered by concerns over sticky inflation, mixed economic data, and policy uncertainty. Investors are closely watching the April 21 hearing of Kevin Warsh, with shifting expectations now pointing to fewer or no rate cuts this year.
Has RBI announced 'new rules' for exchanging old Rs 500 & Rs 1,000 currency notes?
Social media claims about the Reserve Bank of India allowing exchange of old Rs 500 and Rs 1000 notes are false. The official website of the RBI remains the most reliable place to check for any announcements related to currency, banking regulations or exchange facilities. People are advised to rely only on official sources for such updates.
AT-1 case: Yes Bank does not expect material financial impact from Supreme Court ruling
The Supreme Court has officially concluded the hearings related to the Additional Tier-1 bond write-down of Yes Bank, with a verdict now on the horizon. This case follows the bank's dramatic near-collapse back in 2020, leading to an aggressive write-down of ₹8,415 crore in bonds, sparking a flurry of legal action from aggrieved investors.
India banks’ credit growth seen outpacing deposits in FY27: Analysts
Bank credit growth is set to outpace deposit expansion in fiscal 2027. Analysts predict credit will grow 12-14% while deposits rise 10-12%. This trend follows a pattern where credit has consistently grown faster than deposits for over a decade. Revised liquidity norms may help manage this gap. Declining CASA ratios are a concern, impacting bank profitability.
More, the merrier: Women in policymaking drive better social outcomes, economic gains, NCAER study shows
The ongoing parliamentary session addressing the 33% Women's Reservation Act underscores its profound economic and social advantages. Studies indicate that when women participate in policymaking, the results are transformative—leading to enhanced investments in healthcare and education and a significant drop in child mortality rates. Yet, India still trails behind in female political representation compared to the global landscape.
- Go To Page 1
Multiple states to borrow Rs 16,900 crore through RBI SGS auction on April 21
Multiple state governments are set to raise a combined Rs 16,900 crore through a revised auction of State Government Securities on April 21. The Reserve Bank of India will conduct the auction on its E-Kuber platform, featuring fresh issuances and re-issues with varying tenors. Andhra Pradesh, Punjab, Maharashtra, Rajasthan, and Telangana are among the participating states.
War revives stagflation dangers for global economy
Global economic outlook faces uncertainty as seven weeks of Middle East conflict impact growth and inflation. Business surveys from Australia to the US will reveal the extent of deterioration, with stagflation risks looming. Policymakers grapple with responses amid persistent global uncertainty, while inflation data and interest rate decisions from various nations are closely watched.
5 world market themes for the week ahead
Markets are optimistic as U.S. President Trump signals an end to the Iran war. Talks may resume soon. However, upcoming economic data could show slowing business and rising prices. Investors also await the Federal Reserve nominee's Congressional hearing. Tesla earnings are also a key focus for U.S. corporations this week.
RBI’s oil forex window set to fuel rupee recovery
The Reserve Bank of India has opened a special foreign exchange window to supply dollars to state-run refiners, easing pressure on the rupee. This move, likely routed through state-run lenders, aims to reduce the significant daily dollar demand from oil companies. Analysts expect this intervention to lead to rupee appreciation.
15 banks get government nod to import gold & silver for 3 years
India has authorized 17 banks to import gold and silver. This authorization is effective for three years from April 1, 2026. The move resolves a customs clearance delay that had stalled shipments. This decision brings relief to importers and ensures smooth trade of precious metals. The new authorization is valid until March 31, 2029.
India's forex reserves up $3.83 billion to reclaim $700 bln mark
India's foreign exchange reserves surged by $3.83 billion to $700.946 billion in the week ending April 10. This increase was primarily driven by a rise in foreign currency assets and gold reserves. Special Drawing Rights and India's reserve position with the IMF also saw modest gains.
Ahana announces RBI reporting solution for co-operative banks using its proprietary Data Model
Ahana introduces a new solution for co-operative banks. It aims to simplify Reserve Bank of India reporting. The system uses a special data model. This will reduce manual work and errors. Banks can expect faster reporting cycles. Audit readiness will also improve. The solution consolidates data for better accuracy and consistency.
India's economy slipping to 6th rank, IMF data shows, prospects bright
India has slipped to the sixth largest economy in 2025 in nominal terms, according to the International Monetary Fund, but it remains the fastest-growing major economy. The IMF projects India’s growth at 6.5% in 2026, far ahead of the United Kingdom.
RBI asks state oil refiners to curb spot dollar buying, sources say
India's central bank is taking action to support the rupee. State-run oil refiners are being asked to use a special credit line for dollar needs instead of buying on the spot market. This move aims to reduce pressure on the Indian currency. The Reserve Bank of India is employing measures similar to those used during the Ukraine war.
Bank credit grows 16% in FY26, faster than deposits rise
Bank credit saw a significant 16% rise, reaching ₹219 lakh crore. Deposits grew 13.4% to ₹267.8 lakh crore by March 31, 2026. Investments also increased by 4.7%. This year-end surge in deposits and credit is a common trend. In the last fortnight alone, banks gathered ₹12 lakh crore in deposits and lent ₹6.1 lakh crore.
Narendra Modi government wants to 'shelve' caste census: Congress
The Congress party accuses the Modi government of planning to delay a caste census. They claim this is to avoid pressure for OBC women's reservation in Parliament. The government is expected to bring amendments for women's reservation implementation. This move, according to the Congress, aims to prevent representation for a large section of OBC women.
RBI gives operational flexibility to NBFCs for branch expansion
The Reserve Bank of India has eased rules for non-banking financial companies. NBFCs can now open branches without prior approval in most situations. This change aims to simplify business operations. Deposit-taking NBFCs have specific conditions based on their net owned funds and credit ratings for opening branches or appointing agents.
Why are US stock market futures largely unchanged and Nasdaq up while Dow Jones and S&P 500 flat? Wall Street futures, key US stocks, analyst views, market outlook and what should investors do now
Why are US stock market futures largely unchanged and Nasdaq up while Dow Jones and S&P 500 flat? Futures stayed steady as investors paused after a rally and waited for earnings, Federal Reserve comments, and Middle East updates. Bank earnings, oil prices, and global growth outlook shaped sentiment. Technology stocks gained slightly. Analysts discussed risks, opportunities, and investor strategies as markets assessed the next move and future milestones.
India’s wholesale inflation at multi-year high of 3.88% in March; up from 2.13% in February
India’s wholesale price inflation rose to a 12-month high of 3.88% in March from 2.13% in February, exceeding expectations, while retail inflation also edged up to 3.4%.
RBI holds talks with banks on ways to boost deposits
Reserve Bank of India is consulting banks on ways to attract larger and more stable deposits as household savings shift to equities and mutual funds, putting pressure on liquidity. Deposits are growing slower than loans, increasing funding costs and credit-deposit ratios.
Banks, asset management firms, stock brokers set to be shareholders in Sahamati
Banks, NBFCs, brokers and fintechs are investing in Sahamati, with major lenders and platforms taking nearly 2–8.5% stakes. The move aligns with RBI’s SRO framework for the AA ecosystem, positioning Sahamati as a potential regulator-like body with stronger oversight and industry-wide participation.
Deposit rates could be headed up in a squeeze for banks
As the demand for loans skyrockets, Indian banks find themselves grappling with a challenge: enticing savers to deposit their money. For years, growth in deposit accounts has lagged behind credit advances, prompting banks to ramp up their offers with more attractive interest rates.
India’s March retail inflation quickens to 3.4% as US war on Iran disrupts global trade flows
In March, India's retail inflation ticked up to 3.4%, influenced by escalating tensions in the Middle East that are affecting global oil supplies. However, this increase remains comfortably within the target range set by the Reserve Bank of India. While the RBI is aware of external threats, it underscores the resilience of India's economy.
India’s data centre market to reach $22 billion by 2030
India's data centre market is set for massive growth, expected to reach 22 billion dollars by 2030. This expansion is fueled by cloud computing and artificial intelligence. Significant investments are flowing into the sector, with foreign investors leading the way. Government incentives and cost advantages are making India a prime location for data infrastructure development.
India bonds slump after US-Iran peace talks falter
Indian government bonds experienced a significant downturn Monday as failed U.S.-Iran peace talks sent oil prices soaring. This "risk-off" sentiment impacted the rupee and the Nifty 50, reflecting concerns over inflation and growth. Traders noted a reversal after Friday's bond purchases, anticipating a deal that didn't materialize. Investors now await March inflation data for further market direction.
Rupee plunges 49 paise to 93.32 against US dollar in early trade
The Indian Rupee weakened significantly against the US Dollar today. Higher crude oil prices and global geopolitical tensions are impacting the currency. Investors are withdrawing funds from domestic stock markets. This situation follows a recent drop in the Rupee's value. The US has announced a blockade of Iranian ports, further affecting oil prices and global trade.
India’s forex reserves up by $9.06 billion to $697.12 billion in week ending April 3
India's foreign exchange reserves have seen a significant increase. Reserves rose by over nine billion dollars in the week ending April 3. This brings the total reserves to nearly 700 billion dollars. This follows a period of decline. The Reserve Bank of India has been active in managing the currency. This rise indicates a stabilization in the country's financial position.
Load More
