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MYSURU RESERVE BANK PRESS
Banks' credit steady at 17.7%, deposits ease to 12%: RBIBank credit growth stayed steady at 17.7% for the fortnight ended June 15, unchanged from the previous period, while deposit growth eased s...
India's forex reserves up by $963 million to $672.58 billion as of June 19India's foreign exchange reserves saw a healthy uptick of $963 million, reaching $671.63 billion by June 19, 2026, as per RBI data. This ro...
Reserve Bank of India issues final rules on credit derivativesThe rules will allow resident Indian non-retail users to deploy instruments such as credit default swaps and total return swaps without an...
RBI proposes to further enhance money market participation, liquidityThe Reserve Bank of India is proposing new guidelines to boost participation and liquidity in the term money market, allowing entities to s...
US Stock Market: Bessent applauds Fed communication reset, questions dot plot's relevanceU.S. Treasury Secretary Scott Bessent has backed Federal Reserve Chair Kevin Warsh's push to revamp the Fed's communication strategy, inclu...
Rupee bounces from day's low on RBI supportThe Indian rupee saw a slight recovery on Wednesday, closing at 94.66 against the dollar after touching an intraday low. State-run banks in...
Weak monsoon raises food inflation concerns, but rate hike seen unlikelyEconomists are split on how a weak monsoon will affect food prices, with some believing falling oil prices will offset any hikes. Others wa...
Karnataka MLC elections: Cross-voting puts BJP-JDS ties under strainCross-voting in Karnataka MLC polls has highlighted BJP-JDS friction. Despite BJP's support, JDS faced unexpected losses as its own MLAs de...
Rupee cushioned by central bank hand even as dollar strength dents Asia FXThe Indian rupee defied regional weakness on Wednesday, supported by likely Reserve Bank of India intervention against a strengthening doll...
Sanjay Malhotra calms rate hike fears as RBI watches oil, monsoonRBI Governor Sanjay Malhotra stated that discussions on interest rate hikes are premature, emphasizing that the central bank will monitor i...
Karnataka proposes defence manufacturing policy consultationsKarnataka is spearheading efforts to bolster India's defence manufacturing capabilities with a proposed long-term policy, a dedicated singl...
RBI sold net $8.9 billion in April, gold holdings unchangedThe Reserve Bank of India engaged vigorously in the forex market in April, offloading a net amount of $8.94 billion to protect the rupee fr...
Gold price prediction: Gold rate futures fall big, what to expect for bullion?Gold rate today: Gold rate is driven by a number of factors including U.S.-Iran war.
US Stock Market: Warsh reshapes Fed playbook with leaner messaging and reform agendaUS Federal Reserve Chair Kevin Warsh signalled a major shift in central bank communication by adopting shorter policy statements and focusi...
India’s forex reserves fall $9.99 billion to $671.63 billion as of June 12India's foreign exchange reserves saw a dip of nearly $10 billion to $671.63 billion in the week ending June 12, 2026. This decline was pri...
Got full info on cross-voters, won't be rattled: HD Kumaraswamy after JD(S) setback in Karnataka MLC pollsUnion Minister HD Kumaraswamy revealed knowledge of cross-voting in the Karnataka Legislative Council elections. He stated the results were...
US Stock Market: Fed financial disclosures reveal stark contrast in transparency among top officialsFederal Reserve officials' financial disclosures reveal varying levels of detail. Governor Lisa Cook reported over $1 million in legal expe...
US Stock Market: Trump backs Fed Chair Warsh after rate hold, softens tone on monetary policyUS President Donald Trump expressed confidence in Federal Reserve Chairman Kevin Warsh, a departure from his past criticisms of the central...
US Stock Market: Analysts see inflation driving Fed's hawkish shift under WarshThe Federal Reserve held interest rates steady, signaling potential future hikes due to persistent inflation concerns. Policymakers' update...
Kevin Warsh takes Fed pulpit with immediate challenges, longer-term agendaFederal Reserve Chairman Kevin Warsh leads his first policy session, sending ripples through the investment community eager for clues on mo...