Tag: RBI
Mutual Funds’ Share in Household Savings Surges 6x in 10 Years, Says RBI Report
Indian households are now investing much more in mutual funds than before. According to an RBI report, the…
India’s economy grows 6.7% in Q1 FY26, driven by govt spending, rural demand and services sector
India’s economy is expected to grow by 6.7% in the first quarter of FY26 (April–June 2025), according to…
Paytm Gets RBI Approval to Resume Onboarding New Merchants; Shares Jump to 52-Week High
Paytm Payments Services Limited (PPSL), a subsidiary of One 97 Communications, has received an "in-principle" approval from the…
AU Small Finance Bank to Relocate Headquarters from Jaipur to Mumbai
AU Small Finance Bank’s promoters will move their shares to a non-operating holding company (NOHC). This is one…
India’s Forex Reserves Drop Sharply by $9.32 Billion to $688.87 Billion Amid Foreign Currency and Gold Declines
India’s foreign exchange reserves fell by $9.32 billion to reach $688.87 billion for the week ending August 1.…
ADB Cuts India’s FY26 Growth to 6.5%, Still Fastest-Growing Major Economy
The Asian Development Bank (ADB) lowers India's FY26 growth forecast to 6.5%, a small dip from the 6.7%…
RBI Might Cut Interest Rates by 25 Basis Points Soon: ICICI Bank Report
The Reserve Bank of India (RBI) could lower interest rates soon due to falling inflation and weak consumer…
HDFC Bank CEO Becomes Highest Paid Banker in FY25: Check What Other Top Bankers Earned
Top bosses at India's leading private banks got only small increases in their salaries for the financial year…
RBI May Lower FY26 Inflation Forecast, Stick to Gradual Rate Cuts
The Reserve Bank of India (RBI) is in a tricky spot. Inflation is cooling, and fast. In June,…
India’s Consumer Inflation Falls to 2.10% in June, Lowest in 6 Years
India just got a breather from rising prices. Consumer inflation dropped to 2.10% in June 2025, its lowest…
RBI Fines HDFC Bank, Shriram Finance for Breaking Key Rules
The Reserve Bank of India (RBI) is not in the mood to look the other way. On July…
RBI Drafts New Rules to Simplify OTC Derivative Trades for 2025; Here’s How
The Reserve Bank of India (RBI) has taken a bold step in 2025 by releasing draft rules for…