reserve bank of india

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...

Jammu, February 27 Reserve Bank of India Deputy Governor Swaminathan J said on Friday that India's financial system on the path to 2047 must be based on three pillars – safety, fairness, and reliability.Delivering the keynote address at the 3rd International Finance and Accounting Conference...

New Delhi, February 27 – India's Controller General of Accounts (CGA) T.C.A. Kalyani launched two major initiatives on Friday aimed at strengthening the governance and efficiency of banks handling government transactions: the Government Bank Dashboard and the Government Bank Manual.The...

JAMMU, FEBRUARY 27: The Indian Institute of Management (IIM) 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" at the Mandapam Auditorium, IIM...

New Delhi, February 26 The capital markets regulator, SEBI, cautioned investors on Thursday against fake notices being circulated in its name, demanding payments of Securities Transaction Tax (STT).The market watchdog further stated that fraudsters are sending fake notices, forging the...

Mumbai, February 26 The Reserve Bank said on Thursday that close coordination among all stakeholders is necessary to prevent or mitigate digital fraud.A two-day workshop for executive directors and heads of fraud risk management of 60 major banks, conducted by the RBI, concluded on Wednesday...

Kolkata, February 26 The Reserve Bank of India has approved a proposal by SBI Mutual Fund to acquire an aggregate holding of up to 9.99 per cent in Bandhan Bank, according to a regulatory filing on Thursday.Bandhan Bank informed stock exchanges that the RBI, through a letter dated February 25...

Mumbai, February 25 The Reserve Bank said on Wednesday that revenue growth for privately listed non-financial companies came in at 10.1 per cent in the third quarter of FY26.For the past 11 quarters, revenue growth had been in the single digits, according to data from 3,188 such companies...

New Delhi, February 25 – The Centre will launch a pilot project based on Central Bank Digital Currency (CBDC) for distributing food subsidies under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) in the Union Territory of Puducherry on Thursday, marking a major step towards strengthening...

Mumbai, February 25 The chances of the benchmark interest rate going up are "negligible," despite the build-up of inflationary pressure due to geopolitical tensions, said Saugata Bhattacharya, an external member of the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC), on Wednesday...

The government will launch a pilot project for distributing food subsidies based on a Central Bank Digital Currency (CBDC) under the Pradhan Mantri Garib Kalyan Anna Yojana in Puducherry tomorrow.Union Minister for Consumer Affairs, Food and Public Distribution, Pralhad Joshi, will inaugurate...

Mumbai, February 24 The rupee traded in a narrow range on Tuesday and closed 6 paise lower at 90.95 against the US dollar amid a firm dollar and higher crude oil prices.A sharp fall in domestic equity markets and uncertainties over the India-US trade deal further put pressure on the local...

Mumbai, February 24 High, stable, and accelerating growth, along with more predictable economic outcomes, have become the hallmarks of the Indian economy, according to Reserve Bank of India Deputy Governor Poonam Gupta.Delivering the 14th Foundation Day Lecture of the Centre for Development...

Mumbai, February 24 The RBI's Master Directions aim to identify fraudulent borrowers and unscrupulous individuals for timely action, and any violation of these directions is not subject to judicial scrutiny, the Bombay High Court has said while lifting the stay on action by three banks to...