RBI data

  • Bank credit growth slowed to 16.8% in third quarter: RBI

    Bank credit growth slowed down to 16.8% in the October-December 2022 period from a year earlier, RBI data showed. This compares with 17.2% seen in the previous quarter, according to the quarterly statistics on bank deposits and credit, released by...

    Published On March 1st, 2023
  • RBI data: Credit card spending exceeded Rs. 1.13 billion in May

    May saw credit card spending reach an all-time high of $1.14 trillion, indicating that the retail sector is doing well. According to Reserve Bank of India data, credit card spending increased 118 percent annually and 8 percent monthly as a...

    Published On July 1st, 2022
  • RBI data: Forex reserves decline by USD 1.466 bn to USD 633.614 bn

    As per the latest Reserve Bank of India (RBI) data, the foreign currency reserves of India declined by $1.466 billion to $633.614 billion, in the last week of 2021, which ended December 31, 2021. Gold reserves rose by USD 14...

    Published On January 10th, 2022