India's foreign exchange reserves increased by $1.689 billion to reach $688.94 billion for the week ended December 12, the Reserve Bank of India (RBI) said on Friday.
Parneet Sachdev Through much of 2025, India has been a study in contrasts: an economy growing faster than most peers yet facing record foreign capital flight. While foreign portfolio investors (FPIs) have sold Indian equities in droves, the Reserve Bank of India (RBI) has responded not with flashy rate cuts, but with a quiet rewiring.
While speaking at an event during the IMF-World Bank meetings in Washington, DC, Malhotra said that India’s status as a “domestic-driven economy” negates the negative impact of US tariffs.
Rural demand remains strong, riding on a good monsoon and robust agriculture activity, while urban demand is showing a gradual revival, the RBI Governor added.
Mumbai, July 11: The Reserve Bank of India (RBI) said on Friday that it has imposed a monetary penalty of Rs 4.88 lakh on HDFC Bank and Rs 2.70 lakh on Shriram Finance after finding non-compliance with certain directions of the Central Bank. The penalty on HDFC Bank was levied under the provisions of Section.
Mumbai: The Reserve Bank of India (RBI) on Monday imposed monetary penalties on two co-operative banks for failing to comply with its regulatory directions. In an order dated June 26, the RBI imposed a penalty of Rs 14.30 lakh on Shree Kadi Nagarik Sahakari Bank Limited, based in Mehsana district of Gujarat. The action was.
