Reserve Bank of India

According to Reserve Bank of India Deputy Governor Shirish Chandra Murmu, India's rapid adoption of digital payments has not reduced demand for cash. This continued reliance on currency makes it difficult to accurately predict how much money will be needed.

The Reserve Bank of India (RBI) has funds to support the UPI platform without charging merchants or customers. The government has introduced a Bill in Parliament to notify which transactions might incur charges. UPI has been free for users and merchants until now.

The Reserve Bank of India maintained its benchmark rate for a fourth consecutive review amid concerns about potential inflation from higher energy costs linked to the Iran war. Standard Chartered Bank's Anubhuti Sahay noted that while inflation has remained low, the economic cushion is weaker than it appears.

India's central bank, the Reserve Bank of India, has maintained its benchmark interest rates due to 'moderate' core inflation. The decision was made amid concerns about creeping inflationary pressures.

The Supreme Court has mandated the implementation of SOPs and mechanisms to address 'digital arrests' and ensure time-bound refunds. It directs the Centre, States, the Reserve Bank of India, and telecom authorities to establish grievance redressal systems and zero FIR processes.

India's largest stock exchange experienced a significant decline in derivatives trading due to the Reserve Bank of India's tighter funding rules, which led to a 17-month low in spending. The central bank's regulatory measures have impacted trading activity at the major bourse.

India's efforts to attract overseas capital have generated over $40 billion since June, increasing the Reserve Bank of India’s (RBI) foreign-currency reserves. The inflow aims to stabilize the rupee amid rising crude oil prices.

India’s central bank sold about $7 billion to defend the rupee on Friday, marking one of its largest direct interventions in months. The action was taken to stabilize the currency.

India's Reserve Bank has invited bids for polymer substrate sheets with security features to be used in printing Indian banknotes. The initiative aims to source materials suitable for secure banknote production.

The Reserve Bank of India (RBI) is accused of compounding violations under the Foreign Exchange Management Act (FEMA) in a case involving Apothecon Pharmaceuticals. The case centers on alleged non-compliance with FEMA regulations by the pharmaceutical company.

HDFC Bank and ICICI Bank are focusing on foreign exchange (FX) deposits to enhance margins, as the Reserve Bank of India's measures to attract foreign currency inflows aim to boost optimism ahead of major private sector banks' reporting.

Standard Chartered economists argue that fears of U.S. dollar decline are overstated, citing continued global reliance on the currency for exports and investments. They highlight examples like Taiwan retaining most export earnings in USD and U.S. economic resilience, while acknowledging challenges like federal debt but emphasizing the lack of attractive alternatives.

An awareness programme on the RBI Ombudsman Scheme for bank customers was held in Chamarajanagar. The event aimed to educate customers about the dispute resolution mechanism provided by the Reserve Bank of India.

KAU organized a financial literacy program for farmers in collaboration with RBI and Canara Bank as part of an experiential learning initiative for final-year B.Sc. (Hons.) Co-operation & Banking students.

The Indian rupee hit a record low against the dollar due to concerns over 50% US tariffs impacting economic growth and corporate earnings. The Reserve Bank of India (RBI) is unwinding bearish dollar bets amid the currency's decline.

The Reserve Bank of India (RBI) is facing a $100 billion challenge following a record currency defense effort. The situation highlights significant financial pressures on the central bank.

The Reserve Bank of India continues to support a ban on cryptocurrencies to prevent tax evasion, according to a Reuters report.

The Reserve Bank of India's short dollar book reached a record level in May before policy measures were implemented. The event highlights significant activity in foreign exchange reserves management.

India's prop traders are preparing for a potential funding squeeze from the Reserve Bank of India (RBI). The Bombay Stock Exchange may sell stakes to five overseas investors, according to a report by Business Standard.

The Reserve Bank of India's (RBI) funding curbs have delivered a significant setback to Indian prop trading firms, as described in the article. These restrictions are impacting the operations and viability of such firms in the market.

Goldman Sachs supports India's 30-year bonds amid containment of the Iran war's impact. The Reserve Bank of India (RBI) is mentioned in the context of the article.

The Reserve Bank of India (RBI) has introduced new rules allowing victims of digital scams to receive one-time compensation for fraudulent payments made under coercion or deception. The initiative aims to provide financial redress to individuals who have been tricked into transferring funds through scams.

The Reserve Bank of India (RBI) reported that demand is driving economic growth, but the outlook is somewhat clouded by supply issues. While current inflation is within the tolerance band, the potential pass through of higher prices needs to be monitored.

Citi has made a bullish call on India's inflows following a move by the Reserve Bank of India (RBI). The analysis suggests increased investor confidence in India's market due to the central bank's actions.

The Reserve Bank of India has introduced measures to simplify overseas investors' purchases of government bonds and stocks, leading to market rallies in India and Indonesia following radical interventions.

Sitharaman stated that rupee-dollar fluctuations are influenced by global and domestic factors. The Reserve Bank of India intervenes to manage excessive volatility but does not aim to maintain a fixed exchange rate.

India's inflation accelerated to 3.93%, but remained below the Reserve Bank of India's target. The article references shoppers in Mumbai at a clothing store, indicating consumer activity amid inflationary pressures.

Business Monitor International projects India's economic growth to weaken to 6.6% in FY27 due to slower investments and consumption. This projection aligns with the Reserve Bank of India's 6.6% growth estimate for the same fiscal year.

Indian banks are seeking foreign funding to maximize the Reserve Bank of India's (RBI) recent measures, referred to as a 'bazooka'.

The Reserve Bank of India's subtle rule tweak could lead to a $50 billion inflow into India. The article references the RBI headquarters in Mumbai.

India’s Reserve Bank of India (RBI) is offering discounted foreign exchange swaps at 1.5% to attract inflows. The initiative aims to stabilize currency markets by encouraging foreign capital participation.

The Reserve Bank of India (RBI) has approached the Madras High Court to challenge an order directing the transfer of Swami Satyananda’s funds to Italy. The court’s appellate bench, comprising Chief Justice Sushrut Arvind Dharmadhikari and Justice G. Arul Murugan, has stayed the single judge’s order pending the appeal.

The Reserve Bank of India (RBI) is expected to join other Asian central banks in raising interest rates as inflation risks rise. The RBI's headquarters are located in Mumbai.

India's economic growth exceeded estimates due to strong domestic demand. The Reserve Bank of India anticipates urban demand will rise during the festival season in the second half of the financial year, while rural demand is expected to benefit from a strong monsoon and record food grain production.

India's Reserve Bank of India (RBI) faces mounting expectations for a rate hike as rising oil prices and a weak rupee increase inflation risks. RBI Governor Sanjay Malhotra countered U.S. President Donald Trump's dismissal of India's economy, stating the country contributes more to global growth than the U.S.

India is considering spending curbs to meet its fiscal deficit target. The Reserve Bank of India aims to strengthen foreign-exchange buffers amid ongoing market volatility.

Reliance Traders is reportedly preparing a contingency plan in case the Reserve Bank of India (RBI) increases interest rates. The article highlights their strategic response to potential monetary policy changes.

India is preparing tax cut plans to attract foreign bond buyers. The Reserve Bank of India is based in Mumbai.

The Reserve Bank of India (RBI) may have sold gold to preserve foreign exchange (FX) reserves, according to a Balance of Payments and Exchange (BE) analysis. The analysis suggests this action was taken to manage FX reserve levels.

Bloomberg News retracted a June 2 story due to an incorrect analysis by Bloomberg Economics, which used same-day domestic gold prices instead of the previous day’s London Bullion Market Association price. The error led to a misrepresentation of the Reserve Bank of India’s gold reserves, which remained unchanged in May.