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RBI JUNE BULLETIN
Global economy remains fragile despite US-Iran truce, but India has buffers to weather shocks: RBIGlobal economic fragility persists despite a US-Iran truce, with risks of renewed inflation and supply disruptions if tensions re-escalate....
RBI flags rising fuel-price pressures amid West Asia war, says crude is easing as Hormuz fears recedeThe Reserve Bank of India has highlighted rising fuel prices and a dip in consumer confidence due to West Asian conflict, despite a recent ...
Anxious with news of RBI selling gold? Here's the fact and what should you doIndia's gold reserve: Reports of the Reserve Bank of India selling gold have been debunked by the central bank and the PIB Fact Check team....
RBI's gold reserves cross 880 metric tonnes by SeptemberIn a significant turning point for India’s financial landscape, the Reserve Bank of India's gold reserves have officially crossed 880 metri...
RBI sold foreign exchange worth $3.66 billion in spot market in JuneIn June, the Reserve Bank of India (RBI) became a net seller of dollars, offloading $3.66 billion in the spot foreign exchange market, acco...
Public sector banks slashed key rates more than private ones: RBI Monthly BulletinFollowing the Reserve Bank of India's repo rate cut, public sector banks have notably reduced lending and deposit rates more aggressively t...
Indian economy remained stable amid tariff policy uncertainties: RBI BulletinDespite global uncertainties, India's economic activity remained stable in June-July, supported by a promising agricultural season, robust ...
India’s economy holds its ground amid global crosswinds: RBI bulletinThe Indian economy continues to show resilience amid global economic, trade, and geopolitical challenges, according to the Reserve Bank of ...
RBI sold net $2.11 bln in spot forex market in June, bulletin showsThe Reserve Bank of India (RBI) sold $2.11 billion on a net basis in the spot foreign exchange market in June, data released on Monday as p...
Revival in rural spending pushing demand conditions: RBI BulletinThe Reserve Bank of India (RBI) reported that the second quarter of 2024-25 has seen a surge in economic activity, with a positive outlook ...
Pickup in retail inflation flared up by food prices has halted India's disinflation process: RBI BulletinInflation remains a significant concern for the Indian economy, as the uptick in June 2024 has halted its disinflation path. The Reserve Ba...
Global growth likely to slow in 2024, tighter financial conditions may prevail: RBIThe Reserve Bank of India in its monthly bulletin flagged about looming concerns around a likely slowdown in global growth in 2024 after af...
Stagflation risk in India remains low despite recent surge in prices, says RBI bulletinIndia’s risk of stagflation, when economic growth stagnates while prices increase rapidly, is low despite prices surging, according to the ...
RBI bought net $4.50 bln in spot forex market in JuneThe RBI purchased $7.79 billion and sold $3.28 billion, the bulletin showed. In May, the central bank had bought a net of $7.37 billion in ...
Don't expect RBI to cut rates, status quo may be maintained: SBI ChairmanState Bank of India (SBI) Chairman Dinesh Khara on Wednesday said the Reserve Bank of India is likely to maintain status quo in the upcomin...
Inflation peaked in India in April 2022, RBI saysThe Reserve Bank of India in its August bulletin noted that inflation in July 2022 eased by 30 basis points from June 2022 and 60 basis poi...
Several factors still hinder monetary transmission to bank rates: RBIThe RBI Bulletin for July 2021 noted that the central bank has made several attempts to improve the effectiveness of monetary transmission ...
RBI remains net purchaser of US dollar in July, buys $15.973 bnIn FY20, the central bank net purchased $45.097 billion. It had bought $72.205 billion while sold $27.108 billion in the spot market.
RBI net dollar purchase touches $565 million in JuneThe central bank bought $5.530 billion from the market, while it sold $4.965 billion in the reporting month, RBI said in monthly bulletin r...
Foreign exchange reserves rises to $314.9 billionIndia’s foreign exchange reserves surged by $1.386 bn in the week to June 20 as Reserve Bank of India purchased dollars from the foreign ex...