Is credit too expensive in India? The Reserve Bank’s rate-setting panel goes by retail prices to keep inflation in check, but ...

India’s growth trajectory is expected to pick up in the second half of 2024-25, driven by domestic private consumption and a sustained revival of rural demand, the central bank said in its monthly ...

The Reserve Bank of India has announced that all banks will remain closed on Christmas Day, December 25, 2024.

RBI officials warn of weakening sales growth and lacklustre private investment due to inflation and slowing GDP.

Despite these challenges, the RBI is expected to initiate a rate-cutting cycle in 2025, potentially reducing rates by 50-75 ...

Presently, the problem facing India’s economy is not the lack of growth; the problem lies in its inequitable distribution ...

Credit card spending in India decreased by over 16% to ₹1.70 lakh crore in November from October's high of ₹2.02 lakh crore, ...

With outstanding debts exceeding the prudential threshold, the RBI urges states to adopt “next-generation” fiscal rules to ...

Investments in equity and mutual funds and were higher at Rs 3.03 lakh crore in FY24, a jump of42% over the Rs 2.14 lakh ...

Higher non-tax revenue stemmed from increased revenues from mining leases, where premiums were tied to market prices rather ...

While ATM services will remain operational on December 25, it’s advisable to withdraw cash in advance, as demand for cash ...

As per RBIs latest list, December 25 is a bank holiday across India. Both private and public banks will be closed.