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.
India's forex reserves increased by $2.299 billion to a new high of $683.98 billion for the week ended August 30, the Reserve Bank of India (RBI) data showed on Friday.
Deputy Governor of the Reserve Bank of India, Debabrata Patra, said that with the rising incomes, households are expected to rebuild their financial assets.
India's FinTech sector has received investments of about $6 billion in the last two years alone while the number of FinTechs in the country has gone up to around 11,000, RBI Governor Shaktikanta Das said on Wednesday.
India’s financial landscape is undergoing a significant transformation with the impending launch of the Unified Lending Interface (ULI), a platform designed to bridge the credit gap for rural and small business borrowers.
The Reserve Bank of India (RBI) Governor, Shaktikanta Das on Wednesday set priorities for India @ 100.
