News for 'Reserve Bank Of India'

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Digital arrest case: SC issues notice to Centre, CBI, RBI

The Supreme Court has sought responses from the Centre, the Central Bureau of Investigation and others on a plea filed by a 78-year-old retired banker who was duped of Rs 23 crore after allegedly...

Bank Frauds Creep Back, RBI Sounds Alarm

Fraud reported by banks declined in 2024-2025 to 23,953 as compared to 36,060 in the previous year though the amount involved jumped to Rs 36,014 crore from Rs 12,230 crore. Kindly note that this...

Forex reserves increase $392 mn to $687 bn

India's forex reserves increased by $392 million to $687 billion during the week ended January 9, the Reserve Bank of India said on Friday. Photograph: Lisa Marie David/Reuters In the previous...

Forex reserves rise by $14 bn to $700 bn

The reserves climbed to an all-time high of $705 billion in September 2024, but have been under pressure lately Illustration: Dado Ruvic/Reuters Key Points Value of the gold reserves jumped by...

Stock markets end higher; ITC, banks lead recovery

Domestic equity markets traded largely subdued through most of the session before staging a late recovery, supported by selective buying in FMCG and private banking stocks. Photograph: Danish...

Forex reserves drop by $9.80 bn to $686.80 bn

India's forex reserves dropped by $9.8 billion to $686.81 billion in the week to January 2, the Reserve Bank of India (RBI) said on Friday. Illustration: Dado Ruvic/Reuters In the previous...

Flipkart gets lending licence from Reserve Bank

Flipkart has received a lending licence from the Reserve Bank of India (RBI), the Walmart-backed ecommerce company confirmed on Thursday. Photograph: Abhishek N Chinnappa/Reuters The nod came in...