Tag: RBI

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Sensex jumps over 700 points, Nifty reclaims 25,000-level as investors cheer RBI’s jumbo rate cut

Mumbai, Jun 6: Benchmark indices Sensex and Nifty surged nearly 1 per cent on Friday, driven by a rally in rate-sensitive sectors following the...

RBI’s balance sheet increases 8.2 pc to Rs 76.25 lakh crore in FY25

Mumbai, May 29: The size of the Reserve Bank's balance sheet as on March 31, 2025 increased by 8.20 per cent year-on-year, leading to...

Amid global realignments, India positioned to become ‘connector country’ in tech, pharma trades: RBI bulletin

Mumbai, May 22: Amid global trade realignments and industrial policy shifts, India is increasingly positioned to function as a "connector country" that can...

Forex reserves jump USD 1.98 bn to USD 688.13 bn

Mumbai, May 2: India's forex reserves increased USD 1.983 billion to USD 688.129 billion during the week ended April 25, the RBI said on...

Depositors of New India Co-operative Bank stage protest over delay in fund access

Thane, Apr 28: Depositors of scam-hit New India Co-operative Bank staged a protest in Maharashtra's Thane city on Monday, demanding urgent action on the...

RBI lowers GDP growth projection to 6.5 pc for FY26

Mumbai, Apr 9: Reserve Bank on Wednesday cut India's growth forecast to 6.5 per cent from 6.7 per cent estimated earlier for the current...

RBI cuts policy rate by 25 bps to 6 pc, second in a row

Mumbai, Apr 9: The RBI on Wednesday slashed key interest rate by 25 basis points, for the second time in a row, to support...

PNB slashes retail loans rates by 25 bps

New Delhi, Feb 20: State-owned Punjab National Bank (PNB) on Thursday announced reduction in interest rates by up to 25 basis points on retail...

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