Economic activity in India held up, with improving kharif agricultural season prospects, continuation of strong momentum in the services sector and modest growth in industrial activity, said RBI in its monthly bulletin.Headline inflation remained below 4 per cent for the fifth consecutive month in June, driven by deflation in food prices, the bulletin said.The global…
The Reserve Bank of India (RBI) has issued an important clarification regarding collateral norms for agriculture and MSME loans. According to the latest guidelines, if a borrower voluntarily pledges gold or silver for a loan, it will not be considered a violation, even in cases where loans are categorized as “collateral-free.” RBI made it clear…
The Reserve Bank of India (RBI) is tightening its grip on credit information companies (CICs) and has laid out a roadmap aimed at improving customer awareness, data accuracy and real-time reporting. According to a Zee Business report, the RBI is actively working on improving the operations of credit bureaus. It has directed regulated entities like banks…
Mumbai: Foreign investors continued heavy offloading of Indian government bonds in June, although at a lesser extent than the previous two months, driven by unwinding of long positions following the latest monetary policy announcement, a risk-off sentiment globally as well as a weakening rupee. Foreign portfolio investors (FPIs) net sold ₹4,994 crore of sovereign papers…
According to a recent Crisil report, the Reserve Bank of India’s (RBI) final directions on project financing are expected to enhance risk management in this sector. The new guidelines will harmonise existing regulations across regulated entities, thereby strengthening the framework for project financing. This move aims to provide a more robust and standardized approach to…
Despite rising global uncertainties, India’s economy continues to demonstrate resilience across sectors, according to the Reserve Bank of India’s (RBI) Monthly Economic Bulletin for June 2025. The central bank’s latest assessment points to strong economic momentum in May across industrial and services sectors, supported by stable financial conditions and easing inflationary pressures. The RBI noted…