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.
In August 2025, S&P Global Ratings upgraded India’s sovereign credit rating from BBB ~ to BBB ~ the first such elevation in eighteen years.
The endeavour of the Government is to ensure availability of banking outlet [Bank branch / Business Correspondent (BC) / India Post Payments Bank (IPPB)] within 05 kilometres (kms) of all inhabited villages in the country.
RBI has approved a transition plan at HDFC Bank after its chairman stepped down, while investors reacted sharply, pushing the stock lower during Thursday’s trading session.
Axis Bank informed the stock exchanges in a regulatory filing on Wednesday that it will infuse ₹1,500 crore into its wholly owned subsidiary, Axis Finance.
The Reserve Bank of India (RBI) on Monday said there is no systemic risk to the banking system and stressed that the Central Bank does not comment on individual banks or regulated entities, as IDFC First Bank revealed the Rs 590-crore fraud at its Chandigarh branch.
