India’s nominal gross domestic product (GDP) is now expected to surpass Japan’s in 2025, a year earlier …
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Reserve Bank of India
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FeatureIndustry & TradeInternational NewsNews
India’s factory activity hits 16-year high in March
by Nada Aliby Nada AliIndia’s manufacturing industry experienced robust growth in March, reaching its highest level in 16 years due to …
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The Indian rupee rose on Tuesday due to central bank intervention and a stronger offshore Chinese yuan.
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BanksFeatureInternational NewsNews
India’s c. bank keeps repo rate unchanged
by Nada Aliby Nada AliThe Reserve Bank of India kept the policy repo rate unchanged at 6.50 per cent, as widely …
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Growth in India’s economic output has slowed to 4.5 percent in the three months that ended in …
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Banks
No respite for Indian banks as bad loans reach record $146 bln
by Yomna Yasserby Yomna YasserIndian banks’ sour loans reached a record 9.5 trillion rupees ($145.56 billion) at the end of June, …
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Banks
RBI imposes restrictions banking business on Oriental Bank of Commerce
by Yomna Yasserby Yomna YasserThe Reserve Bank of India (RBI) has imposed certain restriction on banking activities of government-owned Oriental Bank …
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Banks
Asia’s third largest economy prep for rate cut to battle low inflation
by Yomna Yasserby Yomna YasserThe Reserve Bank of India was widely expected to cut on Wednesday its main policy rate to …
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The employee union of the Reserve Bank of India (RBI) has urged the bank’s governor to protect …
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India’s government promoted Urjit Patel, a deputy governor in charge of monetary policy at the Reserve Bank …
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