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RBI’s latest report: Things are looking up for India’s banking sector

December 28, 2022 10:41 pm

The central bank has emphasised the health of the banking system. But banks will have to be mindful of the risks emanating from an increasingly uncertain global macroeconomic environment.

Policy can’t take credit for dip in inflation: RBI monetary panel member

December 29, 2022 11:26 am

The RBI wrote to the government in November explaining the reasons for the failure of the MPC to bring down inflation below the upper tolerance band of 6 per cent for three quarters in a row.

Credit card spend crosses Rs 1.13 lakh Cr in May: RBI data

June 28, 2022 10:50 pm

The latest data from the Reserve Bank of India (RBI) showed that 7.68 crore credit card holders spent about Rs 71,429 crore for buying online, while the amount was spent through swipes at Point of Sale (PoS) machines stood at Rs 42,266 crore in May.

Operating profit growth of listed firms decelerated in Q4 of FY22: RBI data

June 22, 2022 4:36 pm

The operating profit of manufacturing companies fell sharply to 7% in the fourth quarter of the previous fiscal year, according to data from the RBI released for the fourth quarter (Q4) of 2021–22.

Maharshtra government to deploy drones to spray insecticide on cotton crop

Behind rural slowdown: Credit shows uptick, but still trailing in farm sector

January 21, 2019 7:28 am

Data collated from the Reserve Bank of India over the last five years shows that growth in credit outstanding for the priority sector has traditionally been rising at a much faster rate than the growth in gross bank credit.