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Reserve Bank of India

Sensex, Nifty surge as bank stocks rally on RBI boost

Markets

17 April, 2020

Sensex, Nifty surge as bank stocks rally on RBI boost

Indian shares closed over 3% higher on Friday as bank stocks rallied after the country's central bank cut a key ......

Retail inflation drops in March as coronavirus hits demand

Economy

13 April, 2020

Retail inflation drops in March as coronavirus hits demand

India’s retail inflation dropped to a four-month low in March, increasing the chances that the RBI will ease interest rates ......

Factbox: The global economic policy response to coronavirus crisis

Economy

09 April, 2020

Factbox: The global economic policy response to coronavirus crisis

Governments and central banks around the world have unleashed unprecedented fiscal and monetary stimulus and other support for economies floored ......

Coronavirus has ‘drastically altered' India's growth outlook: RBI

Finance

09 April, 2020

Coronavirus has ‘drastically altered' India's growth outlook: RBI

The outlook for India’s economic recovery has been sharply altered by the coronavirus outbreak, the central bank said in its ......

State govts scramble for funds as virus takes toll on coffers

Finance

07 April, 2020

State govts scramble for funds as virus takes toll on coffers

A three-week nationwide lockdown is testing the resilience of India’s state governments, with analysts warning that essential public services and ......

India's March services activity contracts amid coronavirus disruptions

Finance

06 April, 2020

India's March services activity contracts amid coronavirus disruptions

India’s dominant services sector, the lifeblood for economic growth and jobs, contracted in March as new business and export demand ......

RBI halves bond, forex trading hours to curb volatility amid lockdown

Markets

03 April, 2020

RBI halves bond, forex trading hours to curb volatility amid lockdown

The Reserve Bank of India (RBI), in a unprecedented move, cut market trading hours for both bonds and foreign exchange ......

India's March factory activity growth falls to four-month low

Manufacturing

02 April, 2020

India's March factory activity growth falls to four-month low

India’s manufacturing activity expanded at its slowest pace in four months in March and is likely to get worse as ......

Govt orders banks to remain open during lockdown

Finance

30 March, 2020

Govt orders banks to remain open during lockdown

India has directed all its banks to remain operational during the three-week coronavirus lockdown as part of essential services and ......

Three-month EMI holiday for home, car loans and other highlights from RBI policy

Finance

27 March, 2020

Three-month EMI holiday for home, car loans and other highlights from RBI policy

The Reserve Bank of India on Friday took steps to combat the economic fallout of the COVID-19 pandemic, which has ......