India’s c. bank net income soars 141%
The RBI's net income for the financial year ending March 2024 surged by 141 per cent to 2.11 trillion rupees…
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Reserve Bank of India
India’s c. bank approves surplus transfer of $25.3m to govt.
India's central bank has approved a record surplus transfer of 2.11 trillion rupees ($25.35 billion) to the…
India eyes 7% growth, downplays inflation worries – advisor
India's top economic advisor stated the government sees no imminent threat of rising inflation and expects the…
India to overtake Japan as world’s 4th largest economy in ’25
India's nominal gross domestic product (GDP) is now expected to surpass Japan's in 2025, a year earlier than…
India’s factory activity hits 16-year high in March
India's manufacturing industry experienced robust growth in March, reaching its highest level in 16 years due to…
Indian rupee gains 0.1% on Tuesday
The Indian rupee rose on Tuesday due to central bank intervention and a stronger offshore Chinese yuan.
India’s c. bank keeps repo rate unchanged
The Reserve Bank of India kept the policy repo rate unchanged at 6.50 per cent, as widely expected, amid a backdrop…
India’s GDP growth slowest to its weakest since Q1-2013
Growth in India’s economic output has slowed to 4.5 percent in the three months that ended in September — and…
No respite for Indian banks as bad loans reach record $146 bln
Indian banks' sour loans reached a record 9.5 trillion rupees ($145.56 billion) at the end of June, unpublished…
RBI imposes restrictions banking business on Oriental Bank of Commerce
The Reserve Bank of India (RBI) has imposed certain restriction on banking activities of government-owned Oriental…
