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Business

RBI suggests simpler norms for firms to raise loans in foreign currency

New Delhi, Oct 3: The Reserve Bank of India (RBI) on Friday released draft rules to make it easier for Indian companies to raise money in foreign currencies.The central bank has suggested widening the pool of both borrowers and lenders who can take part in external commercial borrowings...
In light of global concerns, the RBI should manage liquidity with agility and initiative: The Governor
Business

In light of global concerns, the RBI should manage liquidity with agility and...

New Delhi, Aug 29: As the Indian economy strives to attain its rightful place in the global economy, stronger policy frameworks across domains, and not just limited to monetary policy, will be pivotal in its journey, RBI Governor Sanjay Malhotra has said, adding that on our part, we will...
Indias CPI inflation is set by the RBI at 3.1 percent for FY26 due to a favorable monsoon and a healthy kharif sowing
Business

India's CPI inflation is set by the RBI at 3.1 percent for FY26 due to a...

Mumbai, Aug 6: The Reserve Bank of India (RBI) on Wednesday pegged India’s CPI inflation at 3.1 per cent for FY2025-26, as the steady progress of the monsoon and robust kharif sowing are expected to keep food prices in check.RBI Governor Sanjay Malhotra said, “The inflation outlook for 2025-26...
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Business

RBI’s new rules on gold loans may lead to changes in lenders’ business models:...

New Delhi, June 19: The RBI’s latest directions on gold loans will change India’s landscape for this booming lending segment with lenders nimble enough to adjust their business model standing to gain, according to an S&P Global Ratings report released on Thursday.The report is of the view...
India inflation to average 4% this fiscal, one more RBI rate cut likely: Crisil
Business

India inflation to average 4% this fiscal, one more RBI rate cut likely: Crisil

New Delhi, June 13: Given the current inflation trajectory, headline inflation is projected to average 4 per cent this fiscal (FY26), from 4.6 per cent last fiscal, a Crisil report said on Friday.Lower inflation keeps the window open for one more repo rate cut by the Reserve Bank of India...
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RBI pegs India’s GDP growth at 6.5% for 2025-26

Mumbai, June 6: The RBI has projected India’s GDP growth at 6.5 per cent for 2025-26, with domestic economic activity showing resilience on the back of a strong agriculture sector, industry picking up, and the services sector expected to maintain momentum.The quarterly growth rates projected for the...
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RBI MPC begins, all eyes on 3rd rate cut as inflation stays benign

New Delhi, June 4: The Reserve Bank of India’s Monetary Policy Committee (MPC) meeting kicked off on Wednesday to decide on the repo rate cut and according to economists and industry experts, the Central Bank is likely to go for a third 25 bps cut in the repo rate to 5.75 per cent.Chaired by RBI...
83 FIRs in 6 months: Crackdown on rogue NBFCs & digital lenders in state
Assam

83 FIRs in 6 months: Crackdown on rogue NBFCs & digital lenders in state

Warnings against scams impersonating FedEx personnel and Crime Branch officials using AI tools will be disseminated via Assam Police’s social media platforms.
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