The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...

A police officer walks past the Reserve Bank of India (RBI) logo inside its headquarters in Mumbai. File Photo | Photo Credit: FRANCIS MASCARENHAS The Monetary Policy Committee (MPC) of the ...

A similar growth trajectory is witnessed in card transactions as well, said the RBI report. During CY2024, there were 447.23 crore and 173.90 crore payment transactions worth of Rs 20.37 lakh ...

The RBI said it intends to shortly initiate the process of resolution of the company under the Insolvency and Bankruptcy (Insolvency and Liquidation Proceedings of Financial Service Providers and ...

“When Paytm and PhonePe introduced UPI Lite on February 15, 2023, and May 2, 2023, respectively, a sustained increase in UPI Lite payment volumes and values was observed,” the RBI report observes.

Over 70% of respondents, 45 of 62, in a Jan. 22-30 Reuters poll forecast the RBI would cut its key repo rate by 25 basis points to 6.25% at the conclusion of its Feb. 5-7 meeting, while others ...

State-run banks were spotted offering dollars near 87.24-87.26 levels, most likely on behalf of the RBI, which helped limit the rupee's losses, traders said. Stay up to date with the latest news.

As India’s economy navigates a critical phase post-Budget 2025, all eyes are on the Reserve Bank of India’s (RBI) upcoming Monetary Policy Committee (MPC) meeting on February 7. Market experts ...

The all-new Monetary Policy Committee under new RBI Governor Sanjay Malhotra is set to hold key deliberations from February 4. All eyes will be on the February 7 announcement, when Governor ...

Rate-sensitive banks, auto and realty stocks led the surge after the Reserve Bank of India (RBI) announced several measures that will help inject over INR 1 trillion liquidity into the banking ...

The RBI holds around 1 trillion rupees ($11.5 billion) of bonds maturing next financial year, as per market estimates, and the government was expected to swap these for longer-dated debt before the ...

Over 70% of respondents, 45 of 62, in a Jan. 22-30 Reuters poll forecast the RBI would cut its key repo rate by 25 basis points to 6.25% at the conclusion of its Feb. 5-7 meeting, while others expect ...