reserve bank of india

New Delhi, March 9 Approximately 72 crore Basic Savings Bank Deposit Accounts (BSBDAs), including those under the PM Jan Dhan scheme, are not subject to any penalties for failing to maintain a minimum balance, Finance Minister Nirmala Sitharaman said on Monday.In a written reply to a question...

Mumbai, March 9 The government has purchased G-secs worth Rs 6,309 crore through the auction conducted by the Reserve Bank of India (RBI), and has also issued bonds worth Rs 6,431.797 crore, according to a release.Government securities (G-Secs) are low-risk debt instruments issued by the...

Mumbai, March 9 The Reserve Bank of India (RBI) injected ₹50,000 crore into the banking system on Monday through Open Market Operations (OMO) purchases of government securities, according to a release.The central bank purchased 6.33% GS (Government Security) bonds worth ₹13,507 crore, 6.01% GS...

New Delhi, March 9 State-owned India Infrastructure Finance Company Ltd (IIFCL) is set to cross the Rs 1 lakh crore loan book milestone in FY2026-27, driven by a strong project pipeline, its Managing Director Rohit Rishi has said."As of December 31, 2025, IIFCL's loan book stood at Rs 80,515...

New Delhi, March 7 – Delhi BJP President Virendra Sachdeva on Saturday condemned Aam Aadmi Party's city convenor Saurabh Bharadwaj for making a "baseless" allegation against the Delhi government regarding the management of a ₹1,000 crore loan.Sachdeva stated that for state governments, taking...

Amaravati, March 7 The Andhra Pradesh government availed ₹1.72 lakh crore through special drawing facilities, ways and means advances, and overdraft during 2024-25, resulting in paying ₹303 crore towards interest, according to a CAG report.The Comptroller and Auditor General report, which was...

Amaravati, March 7 The Andhra Pradesh government availed ₹1.72 lakh crore through special drawing facilities, ways and means advances, and overdraft during 2024-25, resulting in paying ₹303 crore towards interest, according to a CAG report.The Comptroller and Auditor General report, which was...

Mumbai, March 6 The Reserve Bank of India on Friday issued draft amendment guidelines to strengthen the framework governing customer liability in digital transactions, as it seeks to widen protection for users and speed up the resolution of complaints related to fraudulent electronic banking...

Mumbai, March 6 The Reserve Bank of India (RBI) on Friday said it will conduct an open market operation (OMO) of Rs 1 lakh crore, purchasing government securities in two tranches on March 9 and March 13.Each tranche of the auction will involve Rs 50,000 crore, it said.The OMO purchase...

Bengaluru, March 6 Union Minister H D Kumaraswamy on Friday criticized Karnataka Chief Minister Siddaramaiah, claiming that while he may celebrate the presentation of his 17th Budget, the people of the state are left bearing the burden of its consequences.The CM has put the state’s economy in...

Mumbai, March 6 India's foreign exchange reserves jumped by USD 4.885 billion to a record high of USD 728.494 billion during the week ended February 27, the Reserve Bank said on Friday.In the previous reporting week, the overall reserves had fallen by USD 2.119 billion to USD 723.608 billion...

Mumbai, March 5 The rupee rebounded from its lowest level and closed with a gain of 45 paise at 91.60 (provisional) against the US dollar on Thursday, driven by buying trends in domestic equity markets and reports of Reserve Bank intervention.According to forex analysts, the Reserve Bank seems...

Mumbai, March 4 The Reserve Bank of India (RBI) announced on Wednesday that it will conduct a switch auction of government securities worth Rs 20,000 crore on March 9.The auction will take place between 10:30 AM and 11:30 AM. The results of the auction will be announced on the same day, and...

Mumbai, March 2 The Government of India bought back government securities (G-secs) worth Rs 13,787.701 crore through the auction conducted by the Reserve Bank of India (RBI), while also issuing bonds worth Rs 13,646.896 crore, according to the release.The securities repurchased by the...

Mumbai, March 2 The Reserve Bank of India (RBI) said on Monday that it processed 99.8 per cent of applications within the prescribed timeline in February 2026, according to official data.The central bank said that it handled a total of 22,765 applications in February, including pending cases...

Mumbai, March 2 The Reserve Bank of India (RBI) said on Monday that 98.44 per cent of the Rs 2,000 banknotes in circulation have been returned.The central bank announced the withdrawal of Rs 2,000 denomination banknotes from circulation on May 19, 2023.The total value of Rs 2,000 banknotes...

Mumbai, March 2 The country's foreign exchange reserves, in nominal terms, including valuation effects, increased by USD 19.4 billion during April-December 2025, compared to a depletion of USD 10.7 billion in April-December 2024, according to RBI data.On a balance of payments basis, excluding...

Mumbai, March 2 India's current account deficit (CAD) increased to USD 13.2 billion, or 1.3 per cent of GDP, in the December quarter, compared to USD 11.3 billion (1.1 per cent of GDP) in the previous year, mainly due to a larger trade deficit, according to data released by the Reserve Bank of...

Kolkata, March 1 The Election Commission held an emergency two-day meeting from March 2 to review preparations for the upcoming West Bengal state assembly elections, amid heightened political speculation over the election schedule, an official said.The meetings will be held in multiple phases...

JAMMU, FEBRUARY 27: The Indian Institute of Management Jammu inaugurated the 3rd International Finance and Accounting Conference (IFAC 2026) on the theme “Financial Strategies for Inclusive and Sustainable Economic Growth to achieve Viksit Bharat@2047.”The two-day conference was inaugurated by...