Tag: Reserve Bank of India

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Retail inflation: CPI rises to 2.07% YoY in August; up from 1.61% in July

Retail inflation edged higher in August, with the Consumer Price Index (CPI) recording a year-on-year rise of 2.07%, up 46 basis points...

Rupee slips to a fresh low of 88.27 against $

MUMBAI: The rupee bucked the trend among Asian peers on Friday, slipping to a record low even as most emerging market currencies...

Rupee at record low: Markets eye RBI’s next move as currency breaches 89; corporates’ worries mount

The rupee's trajectory has become a key concern for financial markets. Banks have reduced trading exposures, while numerous importers with large unhedged...

Bank holiday on Saturday: Are banks closed on August 30? Check state-wise full list of upcoming holidays

Bank holidays in India can be cause of confusion, especially when it comes to Saturday operations. According to the Reserve Bank of...

Yes Bank acquisition: RBI approves SMBC to buy 24.99% stake; CCI nod still pending

Japan’s Sumitomo Mitsui Banking Corporation (SMBC) has received the Reserve Bank of India’s (RBI) approval to acquire up to 24.99% stake in...

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