Government Hasn’t Borrowed From RBI This Fiscal Due To Positive Balance

Government has not yet availed the Ways and Means Advances facility of RBI in this fiscal…

RBI Monetary Policy Meet Postponed To February 8 As Maharashtra Declares Holiday On Monday

RBI has postponed its MPC meeting by a day to February 8 Mumbai: The Reserve Bank…

RBI Likely To Maintain Status Quo On Key Rates During Monetary Policy Panel Meet

RBI may maintain status quo on key lending rates during this week’s monetary policy review meeting…

India’s Digital Currency To Debut By Early 2023: Report

Country’s own official digital currency is likely to arrive by early next year New Delhi: India’s…

India’s services sector activity slips further in January

For the sixth straight month, the services sector witnessed an expansion in output. India’s services sector…

Digital Rupee To Open New Avenues For Fintech Sector: PM Modi

Prime Minister Narendra Modi has said that the proposed digital rupee will boost fintech sector Prime…

India’s Forex Reserves Fall To $634.28 Billion

Country’s foreign exchange reserves fell by $678 million to $634.28 billion in the week ended January…

RBI’s accommodative approach has served country well: Patra

Reserve Bank of India Deputy Governor Michael Debabrata Patra on Friday said the central bank’s decision…

RBI Caps Withdrawals At Rs 1 Lakh At This Lucknow-Based Bank

The restrictions would remain in force for six months and are subject to review. Mumbai: The…

RBI ‘behind the curve’ critique: Deputy Guv. Patra asserts ‘approach has served us well’

Deputy Governor Michael Patra pointed out that the GDP is set to grow by 9.2% in…