Suman Ray RBI appointment marks a new senior leadership role for the career central banker, who has been appointed as Executive Director (ED) of the Reserve Bank of India (RBI). In his new role, Ray will oversee the Department of Deposit Insurance and Credit Guarantee Corporation (DICGC) and the Premises Department. Suman Ray RBI Appointment […]
The RBI draft guidelines propose a uniform framework for interest rates on loans across regulated entities. The Reserve Bank of India aims to improve monetary policy transmission, strengthen credit-risk pricing and ensure fair treatment of borrowers. The central bank issued the draft titled “Reserve Bank of India (Interest Rates on Loans and Advances) Directions, 2026.” […]
Prabhakar Jha, Chief General Manager at the Reserve Bank of India (RBI), has taken charge as the Regional Director for Jammu and Kashmir and Ladakh. He will oversee the central bank’s regional operations across the two Union Territories. Jha moves to the RBI’s Jammu office after serving as Regional Director at the central bank’s Panaji […]
Mumbai, June 28 (IANS) India recorded a current account surplus of $13.5 billion, constituting 1.3 per cent of GDP, in the fourth quarter of financial year 2024-25 (January–March), according to data released by the Reserve Bank of India (RBI) on Friday. The robust performance has reversed the current account deficit of $11.3 billion (1.1 per cent […]
