by AIP Online Bureau | May 5, 2025 | Data, Eco/Invest/Demography, Regulation
In value terms (USD), the share of gold in the total foreign exchange reserves increased from 9.32 per cent at end-September 2024 to about 11.70 per cent at end-March 2025, according to the RBI’s ‘Half Yearly Report on Management of Foreign Exchange Reserves’. New...
by AIP Online Bureau | Apr 27, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology
Sanjay Malhotra,Governor,Reserve Bank of India . Malhotra highlighted that proactive government policies present unparalleled opportunities for investment in sunrise sectors such as space, semiconductors, renewable energy, and electric vehicles (EVs) Washington: India...
by AIP Online Bureau | Apr 15, 2025 | Indian News, Regulation, Technology
The paid-up share capital of the proposed company will be Rs 27 crore New Delhi: PB Fintech, the parent entity of Policybazaar, on Tuesday said its subsidiary had secured payment aggregator licence from the RBI. Last year, the company had announced setting up a...
by AIP Online Bureau | Apr 9, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management
Sanjay Malhotra, Governor, Reserve Bank of India RBI has lowered the GDP growth forecast to 6.5 per cent from earlier projection of 6.7 per cent due to global uncertainties. The RBI lowered the inflation projection for the current fiscal to 4 per cent from 4.2 per...
by AIP Online Bureau | Mar 27, 2025 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation
Sanjay Malhotra, Governor, Reserve Bank of India Since taking office in December, Sanjay Malhotra has reduced interest rates for the first time in five years, injected nearly $60 billion into the banking system, allowed the rupee to slide, and eased restrictions on...
