Tag Archives: Reserve Bank of India

The government has appointed Revenue Secretary Sanjay Malhotra as the next Reserve Bank Governor. According to a news release by PTI quoting sources, Malhotra, a 1990 batch Rajasthan cadre IAS officer, will replace Shaktikanta Das, whose term ends on Tuesday (December 10, 2024). Malhotra will be the 26th Governor of …

The decline in India‘s foreign exchange reserves that started a month and a half ago is continuing. In the week that ended on November 15, the country’s foreign exchange reserves registered a massive decline of $ 17.76 billion, after which it came down to $ 657.89 billion. Let us tell …

Municipal corporations should levy adequate user charges on essential services such as water supply and sanitation to raise non-tax revenue and provide quality public services, a Reserve Bank of India (RBI) report said. The ‘Report on Municipal Finances’ 2019-20 to 2023-24 (Budget Estimates) takes a deep look at the fiscal …

The Reserve Bank of India released the latest data related to foreign exchange reserves on Friday, which were not good at all according to the government. According to the RBI, in the week that ended on November 1, India’s foreign exchange reserves fell by 2.67 billion dollars to 682.13 billion dollars. …

A domestic rating agency Crisil on Tuesday said the recent notification by the Reserve Bank of India (RBI) asking financiers to review gold loan practices could slow loan growth in the near term and lead to increased asset quality stress. Potentially, this could impact gold loan disbursements during the transition …

India’s foreign exchange reserves fell by $10.746 billion to $690.43 billion in the week ended October 11, one of the biggest declines in recent times, the Reserve Bank of India said on Friday. The country’s foreign exchange reserves have declined for the second consecutive week. The reserves had fallen by …

Foreign Exchange Reserves: The country’s foreign exchange reserves rose by $ 2.299 billion to a new record level of $ 683.987 billion in the week ended August 30. The Reserve Bank of India (RBI) gave this information in the data released on Friday. In the previous week, the foreign exchange …

UPI Transaction Limit: Reserve Bank of India Governor Shaktikanta Das made a big announcement on Thursday regarding the limit of UPI transactions. RBI has increased the limit of UPI transactions by 5 times to Rs 5 lakh. Announcing the decisions taken in the MPC meeting, RBI Governor Shaktikanta Das said …

India GDP Growth: Reserve Bank of India’s Positive Outlook In recent news, the Reserve Bank of India (RBI) has expressed optimism regarding India’s economic growth prospects. RBI Governor Shaktikanta Das, in a bi-monthly monetary policy review, announced that India is poised to become the engine of global growth. The central …