The RBI's currency printing arm has invited global Expressions of Interest for polymer banknote substrate, marking India's first formal move towards introducing durable plastic currency notes.
The Reserve Bank of India's recent measures to attract foreign capital could bring in USD 55-65 billion of inflows, strengthen the rupee to around 92 against the US dollar and help India's balance of payments (BoP) turn surplus in FY27, according to a report by State Bank of India.
India’s GDP growth is expected to moderate in FY 2027 at 6.6 per cent after a stronger than expected 7.7 per cent expansion in fiscal 2026. The report from Crisil Ratings said that a sharp rise in crude prices, a below normal monsoon and higher inflation will weigh on consumption and growth. Growth outperformed expectations.
The Indian rupee appreciated sharply against the US dollar on Friday after the Reserve Bank of India eased investment norms for foreign portfolio investors (FPIs) and announced measures aimed at improving capital flows, boosting investor sentiment
Mumbai: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) on Friday unanimously decided to keep the policy repo rate unchanged at 5.25 per cent, in line with the expectations from economists. The Standing Deposit Facility (SDF) rate was set at 5 per cent, while the Marginal Standing Facility (MSF) rate and the bank.
New Delhi: The Reserve Bank of India’s Monetary Policy Committee is likely to maintain a wait‑and‑watch stance at its June meeting and hold rates unchanged amid rising inflationary pressures and external volatility, a report said on Monday. The report from CareEdge Ratings said inflationary concerns have intensified due to projected below‑normal monsoon and recent retail.
New Delhi: The Reserve Bank of India (RBI) is likely to hold repo rate hike in its June monetary policy meeting and must use short-term rates and nudging to manage the pressure on the domestic currency, an SBI Research report said on Sunday. “Our call is along ‘hold the rates’ with a data-driven future dependency..
Mumbai: The Reserve Bank of India’s (RBI) balance sheet expanded by a robust 20.6 per cent to Rs 91.97 lakh crore (as of March 31, 2026) compared to the corresponding figure of the previous year, on the back of a high growth in domestic investments, gold holdings and foreign investments, according to the RBI’s annual.
New Delhi: A fire broke out at the Reserve Bank of India (RBI) building here on Tuesday afternoon, but was controlled soon in a swift response from firefighting teams. No injuries or casualties were reported in the incident, officials said. Fire Originated from Solar Panel Unit According to officials, the blaze originated from a box.
New Delhi: The government has appointed Rohit Jain as a deputy governor of the Reserve Bank of India, according to an official notification. Tenure and Leadership Change Jain’s appointment will take effect from May 3 and will be for a tenure of three years, the notification said. He is currently serving as an executive director.
