The Reserve Bank of India has refuted claims of selling gold reserves. Reports suggested a sale of approximately $12 billion in gold. The RBI stated its physical gold stock remains unchanged at 880.52 tonnes. These reports are inaccurate, according to the central bank. The RBI’s stance clarifies its position on its gold holdings.
Credit card issuance hits strongest pace in more than two years
The additions were led, once again, by the country’s largest issuers. HDFC Bank topped the list, adding 163,000 net new credit cards and edging past
July 27, 2026