RBI stated today that in terms of Section 29, read with Section 56 of the Banking Regulation Act, 1949, co-operative banks are required to prepare a balance sheet and profit and loss account as on the ...

The strategy of holding gold is primarily aimed at hedging against inflation and reducing foreign currency risks, especially ...

The Reserve Bank of India (RBI) has announced the results of the third edition of its Global Hackathon – HaRBInger 2024. Five winners have been announced for solving a set of problem statements. Show ...

The Indian economy, in real terms, is expected to grow by 6.4 per cent in 2024-25 as compared to the 8.2 per cent growth in ...

Chennai: The Reserve Bank of India continued adding gold to its reserves in November. It added 8 tonnes of gold, lifting the ...

RBI mandates lenders to update credit records every 15 days, enhancing credit score accuracy and borrower representation.

According to the report, India stands at the second position in terms of addition to its gold reserve in 2024, behind Poland ...

The Indian rupee has come under pressure in the last few weeks due to various domestic as well as international factors. These include India’s sluggish growth, outflows by foreign investors from ...

The new rules state that all lenders are required to update the credit bureau records every 15 days. This norm came into ...

The official data for the first advance estimates of national income for 2024-25 will be released on Tuesday, January 7.

HSBC forecasts India's real GDP growth to be 6.2% in FY25, lower than the official estimate, and 6.5% in FY26. The brokerage ...