As of March 2024, cash accounts for 60% of consumer expenditure, although this share is rapidly declining due to the…
Browsing: RBI
Between April and August 2024, investments by Overseas Indians in non-resident Indian (NRI) deposit schemes doubled to US$ 7.82 billion,…
Retail inflation fell to 3.54 per cent in July, dipping below the Reserve Bank’s 4 per cent target for the…
The Reserve Bank of India’s latest draft guidelines to enhance banks’ ability to manage liquidity amid increasing digital transactions are…
Fitch Ratings announced that India’s post-election budget confirms the new administration’s commitment to reducing the fiscal deficit for FY25 and…
The Reserve Bank of India (RBI) left its key interest rates unchanged as expected, keeping the focus on inflation amid…
The Reserve Bank of India (RBI) has shifted around 100 tonnes of its gold kept in bank vaults in the…
Indian economy is projected to grow at 7 per cent — the fastest among major economies across the world –…
The RBI on Wednesday barred Kotak Mahindra Bank from onboarding new customers through its online and mobile banking channels…
Prime Minister Narendra Modi on Monday said India needs to increase its economic self-reliance in the next 10 years to…