NEW DELHI: The Reserve Bank of India (RBI) on Friday fined State Bank of India and Jana Small Finance Bank for failing to follow certain regulatory non-compliances.According to the RBI, it has levied a fine of Rs 1,72,80,000 on SBI for failing to adhere to guidelines concerning “Loans and Advances-Statutory and Other Restrictions”, “Customer Protection…
India’s foreign exchange reserves rose by $1.983 billion to $688.129 billion during the week ended April 25, marking the eighth consecutive weekly increase, the Reserve Bank of India (RBI) said on Friday. In the previous week, reserves had surged by $8.31 billion to $686.145 billion.The reserves remain below the all-time high of $704.885 billion recorded…
S&P had earlier adjusted India’s growth outlook for 2025-26 downward to 6.5 per cent from 6.7 per cent. (AI image) S&P Global Ratingshas reduced India’s GDP growth projection to 6.3 per cent for 2025-26, marking a 20 basis points decrease, whilst the forecast for 2026-27 has been lowered by 30 basis points to 6.5 per…
The BSE Sensex gave significant returns, increasing nearly 4 per cent in April, despite geopolitical tensions. The upturn was driven by renewed foreign investment inflows, forecasts of above-normal monsoon rainfall, and positive prospects of an India-US trade agreement. Additionally, stock valuations became more attractive following recent market corrections, leading to increased buying activity. The BSE…
RBI Gold Reserve: सोने की कीमतों में रिकॉर्ड तेजी के बीच भारतीय रिजर्व बैंक (RBI) ने वित्त वर्ष 2025 में 57.5 टन सोना खरीदा. इस तरह से ग्लोबल मार्केट में जारी अस्थिरता के बीच रिजर्व बैंक ने अपनी सुरक्षित परिसंपत्ति की मात्रा को बढ़ा दिया है. साल 2017 के बाद से यह दूसरी बार है…
NEW DELHI: India’s foreign exchange reserves increased by $8.31 billion to $686.145 billion for the week ended April 18, the Reserve Bank of India said on Friday.The forex kitty have shown positive growth for seven straight weeks, with the previous week ended April 11 recording an increase of $1.567 billion to $677.835 billion.The overall forex…
<p style="text-align: justify;">भारतीय रिजर्व बैंक (RBI) ने बच्चों के बैंक खातों को लेकर नए दिशा-निर्देश जारी किए हैं, जिससे अब बच्चों को छोटी उम्र से ही बचत और फाइनेंशियल प्लानिंग की आदत डालने में मदद मिलेगी. इन नए नियमों के अनुसार, अब कोई भी नाबालिग (किसी भी उम्र का बच्चा) अपने माता-पिता या लीगल गार्जियन…
<p style="text-align: justify;">आपकी जेब में पड़े 500 रुपये के नोट असली है या फिर नकली, इसकी पहचान करना बहुत जरूरी है. अगर आप इसकी पहचान नहीं कर पाएंगे तो कोई भी आपको फर्जी पांच सौ रुपये का नोट थमाकर चला जाएगा और बाद में पता चलने पर आप पछताते रह जाएंगे. ऐसे में केन्द्रीय गृह…
India’s foreign exchange reserves rose by $1.567 billion to reach $677.835 billion for the week ending April 11, the Reserve Bank of India said on Friday. The reserves have shown continuous growth for sixth consecutive week.The overall forex kitty witnessed an increase of $10.872 billion, reaching $676.268 billion in the previous reporting week ended April…
NEW DELHI: Retail inflation slowed to a more than 5-year low in March on the back of sharply moderating food prices, paving the way for the Reserve Bank of India (RBI) to cut interest rates in the months ahead to support growth against the backdrop of global uncertainty.Data released by the National Statistical Office (NSO)…