Jammu and Kashmir (J&K), Haryana, Sikkim, Uttarakhand, Himachal Pradesh, Rajasthan, and West Bengal are among the states with highest indicative yields
The Reserve Bank of India (RBI) noted in a report that while retail inflation has moderated, it is still high, raising speculation that it may continue its monetary tightening to check price rise
The fallout from the failure of US banks could dampen investor sentiments globally, but India is not at risk from any economic risks. Indian investors should instead increase the duration of their fixed-income portfolios,...
For the week ended March 17, the foreign currency assets, a major component of the reserves, increased by $10.485 billion to $505.348 billion
Bank Holidays in March: In a note to all agency banks, the RBI also clarified that all government transactions done by them for FY23 must be accounted for within the same financial year
RBI in consultation with the government has announced various measures recently to diversify and expand the sources of forex funding to mitigate exchange rate volatility and global spillovers
The meeting took place in the backdrop of global concerns over failure of banks in the US amid aggressive monetary tightening
While the Silicon Valley Bank collapse is a cause for concern, sticking to your basics and maintaining proper asset allocation will help you weather the storm should something similar happen again
QR code-based merchant payments through UPI apps are already enabled in Bhutan, Singapore and the UAE
The Reserve Bank of India (RBI) announces the auction of Treasury Bills (T-Bills) and State Government Bonds (SG) every week for retail customers
To rein in inflation and curb demand, the central bank has raised repo rate by 250 basis points since May 2022, and it could rise further. The news is not...
The award was given by Central Banking Publications, a financial publisher specialising in public policy and financial markets, with an emphasis on central...
T-bill enthusiasts could be in a celebratory mood amid an apparent unexciting spell in stocks, as government security yields meet or exceed expectations,...
In January 2023, the country’s inflation jumped up to 6.52 per cent, above the RBI’s tolerance level of 6 percent
After the Reserve Bank of India hiked the repo rate, many banks have increased the interest rates on recurring deposits. Here’s a comparison of some of the...
UPI has emerged as the most popular payment mode, pioneering Person-to-Person (P2P) and Person-to-Merchant (P2M) transactions, accounting for 75 per cent of...
The report comes within days of former Reserve Bank Governor Raghuram Rajan saying that India is "dangerously close" to the Hindu rate of growth in view of...
Here are some of the major developments from the world of crypto over the past few days
Following the Russia-Ukraine war and the sanctions imposed by the West, India has been trying to promote rupee trade
As of 31st December, SBI, the country’s largest bank, holds 26.14 per cent of stake in Yes Bank and is still the largest single shareholder in the bank
The company hopes to create a “tech-driven, multi-channel approach” to serve investors across various geographies, it said.
Adani vs Hindenburg: Some RBI supervisors overseeing banks are also reportedly requesting for Adani group loan data twice weekly
RBI monetary policy committee member Jayanth R Varma said, "India's economic growth appears to be 'very fragile' and it may fall short of what the country...
The RBI will protect your money deposited in any bank up to Rs 5 lakh in insolvent cases. Learn more about the deposits covered by the deposit insurance...
The Federal Reserve officials are expecting further increase in borrowing costs as the authorities want to bring inflation down to their 2 per cent target
