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Searched Tag: RBI
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India’s foreign exchange reserves rise $7.26 billion

July 10, 2026, 08:22 PM - 2 min read

The RBI reported that the value of gold reserves increased by $2.669 billion to $105.205 billion throughout the course of the week

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Ravi Shankar appointed Executive Director of RBI

July 1, 2026, 06:38 PM - 3 min read

Shankar assumes the senior leadership position after serving in a key role within the RBI, bringing with him more than three decades of experience across multiple functional areas of the institution.

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Banks' demand muted at RBI's VRR auction

June 19, 2026, 04:08 PM - 3 min read

Against the notified amount of Rs 1 lakh crore, the RBI received bids worth only Rs 16,750 crore from participating banks. The central bank accepted the entire bid amount at a cut-off rate and weighted average rate of 5.26 per cent.

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RBI injects ₹72,300-cr liquidity via VRR auctions

June 17, 2026, 04:14 PM - 2 min read

VRR auctions are one of the RBI’s key liquidity management tools and are used to address temporary mismatches in liquidity conditions within the banking system.

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RBI to ease cross-border payment approvals

June 13, 2026, 05:18 PM - 3 min read

RBI plans simpler cross-border payment approvals under Payments Vision 2028 to ease trade for MSMEs and exporters, says an EY report.

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RBI kept the repo rate unchanged at 5.25 pc as rising oil prices, West Asia tensions, rupee weakness and inflation risks cloud the outlook.

RBI keeps repo rate unchanged for second time in row

June 5, 2026, 11:32 AM - 3 min read

Announcing the second bi-monthly monetary policy for the current fiscal, RBI Governor Sanjay Malhotra said the Monetary Policy Committee (MPC) has unanimously decided to retain the short-term lending rate or repo rate at 5.25 per cent with a neutral stance.

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RBI lowers GDP growth forecast to 6.6 pc

June 5, 2026, 10:28 AM - 3 min read

Announcing the monetary policy, RBI Governor Sanjay Malhotra said several high-frequency indicators suggest that domestic economic activity has remained largely steady since the West Asia conflict began

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RBI dismisses gold sale rumours

June 3, 2026, 06:19 PM - 4 min read

The clarification came in response to media reports claiming that the central bank may have liquidated gold worth nearly USD 12 billion to protect India's foreign exchange reserves amid the economic impact of the ongoing conflict in West Asia.

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Actor Manoj Bajpayee.

Manoj Bajpayee to play RBI governor in ‘Governor’

June 2, 2026, 02:58 PM - 4 min read

Inspired by real events, the film explores the severe financial turmoil that gripped the country during the 1991 economic crisis.

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RBI plans to introduce polymer banknotes to cut costs

May 29, 2026, 05:38 PM - 3 min read

RBI is considering introducing polymer banknotes in India amid rising currency demand and higher printing and disposal costs.

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Govt finances not as rosy as made out to be: Jairam Ramesh

Govt finances not as rosy as made out to be: Jairam Ramesh

May 26, 2026, 04:44 PM - 3 min read

The Reserve Bank of India (RBI) on Friday announced a record dividend of Rs 2.87 lakh crore to the government for the year ended March 2026, providing a financial boost for the exchequer amid rising import bills and supply chain disruptions due to the West Asia conflict.

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Reappointment norms Urban Co-op Bank directors tightened

May 25, 2026, 08:29 PM - 2 min read

RBI has stipulated that a director cannot hold the post continuously for more than 10 years and the reappointment can happen only after a compulsory three-year cooling-off period

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