RBI

Too Premature To Think India Will Replace China In Influencing Global Economic Growth: Raghuram Rajan

The former RBI governor also said that, however, the situation may change going forward as India is already the world's fifth largest economy, it is growing and has the potential to keep expanding

Teena Jose

States Should Mainstream Capital Expenditure Planning: RBI

According to the report, the capital spending by states saw a robust 31.7% growth on year at INR 5.89 trillion in FY22

Teena Jose

Marching Towards Future Of Money

The central bank defines CBDC as a legal tender in a digital form issued by it. It is the same as a sovereign currency and is exchangeable at 1:1 par with fiat currency

Paromita Gupta

RBI Allows Six Entities To Test Fintech Products To Deal With Financial Frauds

The RBI said it had received nine applications under the fourth cohort, of which six entities have been selected for the 'test phase'

Teena Jose

4:1, SC Upholds the Demonetisation Decision

Six years after an eventful night, the Supreme Court upholds the decision and deems the demonetisation "legal"

It Is Important To Have a Common Approach For Crypto Assets: RBI Report

The report also added that various options are being considered internationally in this context

Teena Jose

There Is Global Consensus For Use Of E-Currency: RBI Report

RBI is among the pioneers, having launched a CBDC, the e-Rupee, for both wholesale and retail use

Teena Jose

Indian Banks' Balance Sheet Grows In Double Digits: Report

The RBI data reportedly revealed that PSBs estimated at 62% of the deposits of the scheduled commercial banks, while on the other hand on loans, they held 58% market share

Teena Jose

Credit Card Spends Fall For First Time Since July: RBI Data

The number of transactions per card also declined, in line with the reduction in expenditure per card - at 2.9 transactions versus 3.2 in October

Teena Jose

RBI To Promote Innovation In Fintech Sector, Says Shaktikanta Das

RBI governor emphasized that fintech initiatives and startups are the important segments of aspirational India

Teena Jose

RBI's Receives Around 13,000 Complaints Against Banks and NBFCs

With the piling grievances of financial customers, RBI receives complaints under its new scheme

Paromita Gupta

RBI's Inflation Mandate Failure Report Cannot Be Made Public: Government

As per reports, an out-of-turn meeting of the monetary policy committee (MPC) of the RBI was held in early November to bat around the report to be sent to the central government for failing to maintain the inflation mandate

Teena Jose