reserve bank of india

New Delhi, February 23 Reserve Bank of India Governor Sanjay Malhotra said on Monday that the new CPI inflation series based on 2024 prices will better reflect Indian households' consumption patterns and reduce volatility.In both ways, it will help in better CPI estimation, he said at a media...

New Delhi, February 23 Finance Minister Nirmala Sitharaman said on Monday that the government does not have any plan for mergers of public sector banks.However, a High-Level Committee on Banking for Viksit Bharat, proposed in the Budget 2026-27, will look into the topic and other aspects, she...

New Delhi, February 23 Reserve Bank Governor Sanjay Malhotra said on Monday that the central bank is monitoring the developments surrounding the alleged fraud of Rs 590 crore at IDFC First Bank, and assured that it was not a "systemic issue".The private sector IDFC First Bank had on Sunday...

February 23, New Delhi – Union Finance Minister Nirmala Sitharaman addressed the Central Board of Directors of the Reserve Bank of India, along with Minister of State for Finance M. P. Chaudhary and Reserve Bank Of India (RBI) Governor Sanjay Malhotra, at the customary post-Budget meeting in New...

Finance Minister Nirmala Sitharaman stated that the government is closely monitoring gold prices, noting that the yellow metal typically experiences seasonal increases during festival periods, but has not exceeded certain thresholds. She made this statement while addressing a press conference...

Shillong, February 23 Meghalaya has generated an estimated 3.66 lakh jobs between 2019 and 2025, Chief Minister Conrad K Sangma told the Assembly on Monday.Responding to the debate on the Governor's Address, Sangma said that agriculture accounted for the largest share, with 1.90 lakh jobs...

New Delhi, February 23 The RBI is monitoring the developments surrounding the Rs 590 crore fraud at IDFC First Bank, and there is no systemic issue, Governor Sanjay Malhotra said on Monday.IDFC First Bank had disclosed on Sunday that certain employees and others at a particular branch in...

New Delhi, February 22 The Reserve Bank of India has built a high-security data center in Odisha, strategically located far from potential cross-border threat zones and high-seismic-risk regions, as part of efforts to safeguard critical financial infrastructure and strengthen the continuity of...

Mumbai, February 18 The Reserve Bank said on Wednesday that a Unique Transaction Identifier (UTI) will become mandatory for all direct private trades in rupee interest rate and foreign currency derivatives from January 1, 2027.The UTI has been conceived as one of the key data elements...

Guwahati, February 17 The Assam government said on Tuesday that it has seen a steady decline in central government and Finance Commission grants over the last four fiscal years, prompting opposition parties to accuse the Centre of adopting a "stepmotherly" attitude towards the state.Responding...

Mumbai, February 17 The Reserve Bank proposed greater flexibility for authorized persons to engage in foreign exchange transactions for hedging their exposures, managing their balance sheets, and facilitating market-making, as well as to ease reporting requirements, following a review of the...

Chennai, February 17 Tamil Nadu Finance Minister Thangam Thenarasu on Tuesday, while presenting the Interim Budget for 2026-27 in the Assembly, alleged that the union government's actions have caused severe fiscal stress, which has a destabilizing impact on the state's finances.Explaining the...

Mumbai, February 17 In order to support liquidity in the banking system, the Reserve Bank of India (RBI) has purchased government securities equivalent to 47 per cent of the Centre's total bond issuances so far in FY26, according to public data.Data compiled by

New Delhi, February 16 The Apparel Export Promotion Council (AEPC) said on Monday that it has requested the Reserve Bank of India to introduce a special interest package scheme for MSMEs.AEPC Chairman A Sakthivel said that he met Reserve Bank of India Governor Sanjay Malhotra in Mumbai and...

Mumbai, February 16 The RBI on Monday issued draft guidelines for banks to report foreign exchange derivative transactions involving the rupee undertaken by their related parties globally, a move aimed at enabling better pricing decisions by market participants.The Reserve Bank said it has...

Ranchi, February 16 – The Enforcement Directorate's Ranchi Zonal Office filed a chargesheet on Monday before the special court in Ranchi under the Prevention of Money Laundering Act (PMLA) against Maxizone Touch Private Limited and its directors, Chander Bhushan Singh and Priyanka.The case...

Mumbai, February 16 RBI Governor Sanjay Malhotra said that improving access to timely and adequate formal credit for MSMEs remains a key policy priority of the central bank.As part of the Reserve Bank of India's continued engagement with stakeholders, the governor held a meeting with select...

New Delhi, February 16 Wholesale price inflation continued its upward trend for the third consecutive month, reaching 1.81 per cent in January, driven by increases in the prices of food, non-food items, and manufactured goods on a month-over-month basis, according to government data released on...

Chennai, February 15 – The Tamil Nadu government is expected to release its second Economic Survey on Monday (February 16, 2026), a day before the presentation of the interim budget for 2026-27 in the State Assembly.The document, prepared by the State Planning Commission with substantial...

Gandhinagar, February 15 – India accounts for more than half of the world's total digital transactions, Union Home Minister Amit Shah said on Sunday while launching the country's first Central Bank Digital Currency (CBDC)-based Public Distribution System (PDS) in Gandhinagar, Gujarat.Speaking...