RBI may declare a surplus to the Government for FY25 through dollar sales and overseas investments, experts suggest.
The RBI is expected to cut the repo rate by 25bp to 6.25 per cent in the MPC, potentially in a unanimous decision, and take ...
The Reserve Bank of India (RBI) conducted a dollar-rupee buy/sell swap for $5 billion on Friday, with the transaction to be ...
Hope for the higher dividend has emerged after the RBI has sold dollars heavily in market worth USD 195.568 billion between April and November 2024.
According to the Reserve Bank of India (RBI) calendar, banks will be closed on various occasions and during festival celebrations in different states.
India’s government expects income from the central bank and public-owned financial institutions to increase 9% in the coming fiscal year, helping to offset a drop in tax revenue.
The Reserve Bank of India (RBI) imposed penalties on Equitas Small Finance Bank and India Post Payments Bank for regulatory ...
This financial year the RBI dividend has helped keep the fiscal deficit in check despite a decline in nominal growth and a faster pick-up in revenue expenditure ...
Chief Economic Advisor V Anantha Nageswaran, emphasised that changes in private-sector hiring and compensation practices in ...
Mumbai: The govt is expecting a significant dividend from RBI for FY26, with receipts budget projections indicating Rs 2.
In the process, the government forgoes revenue of around ₹ 1 trillion in direct taxes. Sure, the move is a game-changer and is expected to offer the much-needed stimulus to demand, helping consumer ...
A crucial meeting held on Saturday to discuss and draft an Ordinance to curb the excesses of microfinance institutions has proposed to create an online portal to track and update all details on loans.