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India's Foreign Exchange Reserves Hit All Time Record High Of $645.58 billion

Foreign exchange reserves also include India s reserve tranche position in the International Monetary Fund. Apart from India s strong growth and inflows into equity and debt markets, the RBI has been absorbing inflows to build reserves. ....

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Banking Central | How long is too long? The answer to rate cut hinges on food price inflation

On Friday, the MPC’s decision to leave key rates unchanged came on the expected lines. Das’ comments leave strong clues on what’s the approach on rate cuts. ....

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BM Finance Fundas: New UPI feature: Soon, you can deposit cash through UPI at ATMs

The Reserve Bank of India (RBI) has now enabled a cash deposit facility through UPI at ATMs. Customers can soon deposit cash at cash deposit machines (CDMs) at banks and ATMs through UPI app, announces the central bank. ....

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rbi: Climate change poses challenges for monetary policy, says RBI report

Global average temperatures are on a rise, with accompanying increase in extreme weather events (EWE), and the economic and social impact of global warming is becoming increasingly evident, said RBI s Monetary Policy Report - April 2024. ....

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Climate Change Poses Challenges For Monetary Policy: RBI Report

Frequent weather shocks caused by climate change pose challenges for the monetary policy as well as downside risks to economic growth, a Reserve Bank report said. ....

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