Reserve Bank of India Archives

PM Modi asked the regulators to take more measures to stop cyber frauds and further increase digital literacy among people

Commerce

Govt taking various measures at policy level to help fintech sector:...

Team PGurus - August 30, 2024 1

PM Modi addresses Global Fintech Fest 2024 in Mumbai, Maharashtra Prime Minister Narendra Modi on Friday said the government is taking various measures at the...

India’s external position has also strengthened in recent years amid a marked narrowing of its current account deficit

Economy

Moody’s raises India’s 2024 GDP growth forecast to 7.2%

PGurus Newsdesk - August 30, 2024 0

Moody's upgrades India's GDP growth forecast Moody's Ratings, based in New York, has upgraded its forecast for India’s GDP growth in 2024 to 7.2% from...

Pilot for ULI was launched last year by RBI to enable frictionless credit

Banking

RBI to launch Unified Lending Interface nationwide: Shaktikanta Das announces

PGurus Newsdesk - August 26, 2024 0

RBI introduces Unified Lending Interface for speedy credit access for rural, smaller borrowers Reserve Bank of India (RBI) Governor Shaktikanta Das announced on Monday that...

Investors are keenly awaiting further clarity on the RBI's policy stance, which is expected to influence market movements throughout the day

Markets

Indian equity indices open lower ahead of RBI announcement

PGurus Newsdesk - August 8, 2024 0

Sensex, Nifty decline in early trade Indian equity indices opened lower on Thursday as investors awaited the Reserve Bank of India (RBI) Governor Shaktikanta Das’s...

The growth projected for 2024-25 is lower than the economic growth rate of 8.2 percent estimated for the previous financial year

Economy

India’s GDP to grow at 6.5-7 pc in 2024-25: Economic Survey

Team PGurus - July 22, 2024 1

Growth is set to slow to 6.5-7% in FY25 India's GDP is likely to grow at 6.5 to 7 percent in the current fiscal year...

Economy

Economic Survey 2023-24: FM Nirmala Sitharaman set to unveil key insights

PGurus Newsdesk - July 22, 2024 0

FM Nirmala Sitharaman to present Economic Survey 2023-24 in Parliament today On the first day of the Monsoon Session of Parliament today, Union Finance Minister...

The company violated RBI guidelines on data confidentiality and security of customer information

Banking

RBI terminates licenses of 2 NBFCs for breach of rules

PGurus Newsdesk - July 8, 2024 0

The companies violated RBI guidelines on the code of conduct On Monday, the Reserve Bank of India (RBI) announced that it has cancelled the licenses of...

Ministry of Labour and Employment has cited detailed data which are in the public domain to contradict Citigroup's claim

Commerce

Government dismisses Citigroup’s claim that India would struggle to create jobs

Team PGurus - July 8, 2024 0

Centre refutes Citigroup's employment report, highlights positive job data The Government of India on Monday issued a rebuttal to a recent Citigroup research note that...

The result of the auctions will be announced on July 5, 2024 (Friday) and payment by successful bidders will be on June 8 (Monday)

Finance

Govt bonds worth Rs.28,000 crore coming up for sale on Friday

PGurus Newsdesk - July 4, 2024 1

3 lots will be sold through a price-based auction using the multiple-price method The Finance Ministry announced the sale of government bonds worth Rs.28,000 crore...