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 Reserve Bank of India (RBI) is expected to cut the repo rate by 100 basis points -- from 6 per cent to 5 per cent -- by the end of 2025, according to a Nomura report.
The Department of Financial Services has advised the Reserve Bank of India to ensure that the requirements of the small gold loan borrowers are not adversely affected while finalising its directions on Lending Against Gold Collateral, a release from the DFS said Friday.
Private-sector banks reported more cases, but state-owned lenders “contributed maximum” to the fraud amount.
India’s private investment conundrum is a pressing issue that requires immediate attention from policy makers. With a 25 per cent year-over-year decline in intended private capex for FY26, it's clear that the economic headwinds are strong.
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 29,60,000 on Yes Bank Limited for non-compliance with certain directions issued by the apex court on ‘Financial Statements Presentation and Disclosures'.
