Banks closed on fourth Saturday, multiple holidays next week
All private and public-sector banks in India are closed on Saturday, August 22, as it is the fourth Saturday of the month, according to RBI guidelines. The next bank holiday falls on…
All posts tagged in RBI24- Page
482Articles
RBI minutes hawkish, Skymet raises drought odds to 70%
The Reserve Bank of India’s August monetary policy committee (MPC) minutes struck a hawkish tone, with members warning that broadening inflation could warrant a rate hike, even as the repo rate was…
India’s forex reserves cross $716 billion mark, RBI reports
India's foreign exchange reserves rose to $716.91 billion as of August 14, up nearly $10 billion from $707 billion a week earlier, according to the Reserve Bank of India. CryptoRank reports the…
India holds 880 tonnes of gold, less than US, Europe
India had 880 tonnes of gold in its central bank reserves as of December 2025, according to World Gold Council data. While this puts India among the world's largest official gold holders,…
Tata Sons listing suspense continues as RBI decision pending
Tata Sons' stock market listing remains unresolved as the Reserve Bank of India has not yet decided on the company's application for de-registration as a non-banking financial company (NBFC). The Tata Group…
FPI inflows hit 23-month high as cyclicals lift markets
Foreign portfolio investors pumped a net Rs 23,544 crore into Indian equities in August up to August 21, the highest monthly inflow since September 2024 and the second consecutive month of buying,…
RBI fines five entities for compliance lapses
The Reserve Bank of India has imposed monetary penalties on five financial entities for non-compliance with its directions. On August 19, 2026, the RBI fined Progfin Private Limited Rs 2.70 lakh for…
India’s forex reserves touch $716.9 bn, bank deposits grow 15.4%
India's foreign exchange reserves rose by $9.9 billion to $716.9 billion in the week ending August 14, 2026, according to the Reserve Bank of India's weekly statistical supplement. The increase was driven…
India’s forex reserves jump USD 9.9 billion to USD 716.9 billion
India's foreign exchange reserves rose by USD 9.905 billion to USD 716.907 billion in the week ended August 14, according to Reserve Bank of India data released on Friday. This follows a…
RBI deputy governor says India growth may beat 6.7% forecast
RBI Deputy Governor Poonam Gupta said India's economic growth could exceed the central bank's 6.7% forecast and approach 7%, citing stronger-than-expected high-frequency indicators. In a speech on Thursday, Gupta said a 7.5%…
