India’s current account surplus moderated to $7.1 billion, or 0.7 per cent of GDP, in the fourth quarter (January-March) of financial year 2025-26, compared with $13.7 billion in the same period a year ago, according to the Reserve Bank of India’s latest Balance of Payments data.
The RBI maintained the status quo on interest rates and signalled confidence in India's ability to navigate global volatility despite geopolitical and market uncertainties.
Economists and market participants are closely tracking RBI's latest projections on inflation, growth and crude oil prices as the central bank unveils its policy verdict.
The Reserve Bank of India (RBI) issued an official statement here on Wednesday stating that reports appearing in a section of the media claiming it sold a portion of its physical gold reserves recently to stabilise the Indian rupee are “not correct”.
According to data released by the Reserve Bank of India (RBI) in its latest annual report, in FY26, the banking industry reported frauds worth Rs 48,021 crore, up 46.4 per cent from Rs 32,803 crore in FY25.
The Hinduja family-promoted IndusInd Bank's Board of Directors on Wednesday approved raising up to Rs 30,000 crore through a combination of debt and equity and allowed the promoters to nominate two board directors, as it seeks to restore confidence in its operations after the recent Rs 2,000 crore accounting lapse.
India’s bank credit growth showed signs of moderation in May 2025, even as scheduled commercial banks (SCBs) posted a marginal rise in annualised credit expansion to 10.4 per cent as of June 27, up from 9.9 per cent a month earlier, the Reserve Bank of India (RBI) said in its latest bulletin.
The Reserve Bank of India’s June 2025 policy surprised markets with its boldness ~ slashing the repo rate by 50 basis points to 5.5 per cent, cutting the Cash Reserve Ratio (CRR) by a substantial 100 basis points, and pivoting its policy stance from accommodative to neutral.
The Reserve Bank of India (RBI) on Wednesday said that while the microfinance sector has played an important role in financial inclusion, there are some issues which need urgent attention.
The global economy is in a state of flux, reeling from the twin shocks of trade policy uncertainties and a spike in geopolitical tensions, said an article in the RBI's June Bulletin.
