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 transactions entail substitution of direct loan exposure of REs to borrowers, with indirect exposure through investments in units of AIFs.
The IMF reclassified India’s foreign-exchange regime to a stabilised arrangement from a floating system, it said in its annual Article IV country report.
The Bank will soon be integrating with the Ministry of Railways to operationalise the pension disbursement process.
The Reserve Bank of India (RBI) on Monday cautioned the public against falling prey to false and misleading campaigns enticing borrowers by offering loan waivers.
Amidst the waves of economic optimism, the Reserve Bank of India (RBI) finds itself anchored by concerns over inflation, specifically the looming spectre of food price pressures.
