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INDIA S CENTRAL BANK
RBI to hold rates through 2026 as growth risks outweigh inflation: Poll of economistsEconomists predict the Reserve Bank of India will maintain its key interest rate at 5.25% through year-end. This decision comes as the cent...- RBI reiterates Indian economy remains resilient, but Iran war, deficient monsoon could pose risks to outlook; will there be rate change in August?The RBI is widely expected to keep interest rates unchanged at its 5 August policy meeting, making it one of the few central banks in the r...
- SBI recruits 1,930 Circle Based Officers to strengthen banking operationsState Bank of India has recruited 1,930 Circle Based Officers nationwide. These new officers will strengthen customer service and banking o...
- Why gold is showing signs of reversal after recent selling pressureGold prices are stabilising after recent declines, supported by escalating Middle East tensions, robust central bank buying and resilient A...
- Highest 5-year senior citizen FD interest rates: Public vs private sector banks- which offers highest maturityHighest FD rates: Senior citizens can secure higher returns on fixed deposits with select banks. Bandhan Bank, IndusInd Bank, and YES Bank ...
- India to roll out common customer ID for banks, insurers; mutual funds to follow, sources sayStarting in August, a collaborative customer identification initiative will be rolled out by Indian banks and insurers, featuring a system ...
- UAE’s top bank to offer $1.5 billion for NRIs investing in RBI's forex deposit programFirst Abu Dhabi Bank is offering up to $1.5 billion in financing to non-resident Indians investing in India's foreign-currency deposit sche...
- RBI intervention blunts oil surge, shores up rupeeThe Reserve Bank of India intervened by selling dollars to prevent the rupee from reaching a record low. Surging oil prices and declining s...
- Banking liquidity hits lowest since June 29; RBI data reveals Rs 2,884 crore deficitMumbai banking system liquidity has fallen to its lowest point since late June. This deficit is attributed to increased credit growth and c...
- Rupee ends nearly flat as central bank intervention blunts oil strainOn Thursday, the Indian rupee hovered close to a two-month low, influenced by potential intervention from the central bank to counteract ri...
- RBI sold $6.1 bn in May as oil weighed on the rupee and foreign inflows showed signs of revival: BulletinThe Reserve Bank of India sold six point one billion dollars in May. This intervention occurred amid global market volatility and geopoliti...
- RBI sold $6 billion in May to defend oil-hit Indian rupee, data showsThe Reserve Bank of India sold $6.1 billion in foreign exchange during May. This intervention occurred as oil prices surged, pushing the ru...
- RBI likely used dollar deposit surge to cut record FX forward book, economists sayReserve Bank of India likely used deposit inflows to reduce its forward book. This action helped the central bank manage its near-term doll...
- Punjab National Bank eyes ambitious target to break into world's top 100Punjab National Bank is setting its sights on breaking into the elite group of the world's top 100 lenders in the near future. With a signi...
- Diaspora dollars are coming, but India needs export resilience, not quick fixesThe Reserve Bank of India's special deposit scheme is successfully attracting significant foreign currency from overseas Indians. Banks hav...
- Indian rupee gains as oil comes off; inflows, RBI intervention in focusThe Indian rupee experienced a slight upturn on Tuesday, buoyed by the prospect of improved diplomatic relations between the U.S. and Iran,...
- Stocks in news: CDSL, Adani Energy, L&T, Adani Total Gas, Emcure PharmaMarkets declined on Monday due to disappointing earnings and geopolitical worries. CDSL faced a Rs 1 crore penalty from Sebi for cybersecur...
- Lagging on FCNR(B) deposit collections, banks pin hopes on September-end rushBanks anticipate a surge in FCNR-B deposits before the September deadline. Initial inflows have been below expectations, but partnerships a...
- Central Bank of India Q1 results: Profit rises 13% to Rs 1,324 crCentral Bank of India announced a thirteen percent net profit increase for the June quarter. Total income rose to Rs 10,678 crore, and inte...
- India, UAE central banks said to hold talks on FX deposit issuesIndia and the UAE central banks have discussed regulatory hurdles affecting India's drive to attract foreign-currency deposits from NRIs in...
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