In the previous reporting week, the overall reserves rose by USD 4.529 billion to USD 658.8 billion, the RBI said.
India's foreign exchange reserves witnessed a spike to USD 665.396 billion during the week ended March 28, the RBI said on Friday. The forex reserve increased for the fourth consecutive week, marking the highest level in nearly five months.
The government appointed Dr Poonam Gupta as the Deputy Governor of the Reserve Bank of India (RBI) on April 1, 2025. She will hold the position for three years, the appointments committee order stated.
President Droupadi Murmu on Tuesday said the Reserve Bank of India (RBI) has emerged as one of the most critically…
Reserve Bank of India (RBI) Governor Sanjay Malhotra on Tuesday said the central bank is working to improve the financial system by expanding access, improving efficiency, and strengthening resilience in a changing economic landscape.
In the complex tapestry of global economic dynamics, India finds itself at a crossroads as the murmurs of a delayed rate cut gain momentum.
For the FASTag issued by Paytm Payments Bank, users can continue to use your FASTag to pay toll upto the available balance.
The Reserve Bank of India has further extended the date to stop all transactions for Paytm Payments Bank till March 15 on Friday.
Interacting with reporters, Governor Shaktikanta Das said the RBI takes action against regulated entities only after a comprehensive assessment.
Despite a resi- lient economy that has outpaced most forecasts and is projected to grow at a commendable 7 per cent in 2024- 25, the RBI acknowledges the intricacies of the last leg of disinflation.
