India’s central bank is stepping up efforts to manage the banking system’s surplus cash. On Tuesday, the Reserve Bank of India (RBI) announced that it will conduct a two-day variable rate reverse repo ...

India Retail Inflation: A recent Bank of Baroda report indicates that India's retail inflation has likely decreased to 2.7% in May 2025, mainly due to a decline in food prices. This development ...

In a move that signals relief for households dealing with rising financial burdens, the Reserve Bank of India (RBI) has cut the repo rate by 50 basis points, bringing it down to 5.5%.

Though originally privately owned, since nationalisation in 1949, the Reserve Bank is fully owned by the Government of India. Central Bank Governor: Shri Shaktikanta Das ...

Looking ahead, the inflation outlook for 2025-26 appears promising. File photo The Reserve Bank of India (RBI) has expressed confidence in aligning headline inflation with its target of 4.0 per cent ...

The Reserve Bank of India (RBI) on Friday approved a whopping dividend of Rs 2.69 lakh crore for FY25 to the Centre as against Rs 2.1 lakh crore in FY24, which will help New Delhi in its push to ...

Banks in India are open today as it is the third Saturday. The Reserve Bank of India lists holidays, including six for May. Weekends are when most people finally find the time to run errands ...

Tokyo-based Sumitomo Mitsui Banking Corp. (SMBC) has agreed to buy a 20% stake in India’s Yes Bank for 135 billion rupees ($1.6 billion) as the Japanese lender deepens its presence in the world ...

New Delhi: According to the latest report from the Reserve Bank of India (RBI), the country’s foreign exchange reserve, which is the foreign currency stock, increased by $1.98 billion to reach ...

The Reserve Bank is in the forefront as the second largest buyer of the yellow metal, snapping up 2.8 tonnes in January and February 2025 alone, on top of 72.6 tonnes in 2024, taking the overall ...

The Reserve Bank of India has cut repo rate by 25 basis points, bringing it down to 6 per cent. This will reduce borrowing costs for banks and enable them to lend money to individual customers at ...

RBI Repo Rate Cut: Earlier in February, the Reserve Bank of India's six-member monetary policy committee (MPC) announced its first rate cut since May 2020 amid a slowdown in the economy.