Mumbai Interbank Offer Rate (MIBOR) is the rate at which banks lend money from each other for liquidity, finance, and other short-term needs. The RBI is proposing a committee to iron out MIBOR issues and conduct further research for an alternative benchmark.
RBI monetary policy announces major relief for senior citizens by enabling bill payments from overseas through Bharat Bill Payment System (BBPS).
Amid inflationary pressures remaining high in recent times, the Reserve Bank of India's MPC is moving towards a hawkish stance, with the benchmark interest...
The Reserve Bank has already raised the key policy rate by 90 basis points in May and June to 4.9 per cent to tame high inflation, mainly due to supply...
The consumer spending future expectations index is positive and has moved up by 2.6 points, but the consumer survey index is still below 100, which is in the...
State Bank of India chairman Dinesh Khara said the policy statement is a comprehensive assessment of the growing uncertainties and is also an affirmation of...
The Reserve Bank of India (RBI) in its bimonthly policy review meet increased the key repo rate by 50 basis points, but made no changes in the cash reserve...
The six-member Monetary Policy Committee (MPC), which met from May 6-to 8, unanimously voted to increase the policy repo rate to 4.90 per cent
RBI has expanded the individual loan limits that co-operative banks can offer and has allowed rural co-operative banks to extend finance to commercial real...
A weak trend in domestic equities, surging crude oil prices and unabated foreign fund outflows capped the appreciation bias of the rupee.
As per experts, the Reserve Bank of India is expected to raise the benchmark lending rate by 20-25 points on Wednesday considering the rising inflation.
On the domestic equity market front, the 30-share Sensex was trading 106.93 points or 0.19 per cent lower at 55,662.30 points, while the broader NSE Nifty...
Retail Inflation jumps to eight years high of 7.79 per cent in April which is much above the RBI comfort zone. Here is why RBI intervention with rate hike will...
Members of RBI’s Monetary Policy Committee (MPC) seem to be divided on whether the Reserve Bank of India should go ahead with increasing the interest rate in...
In the reporting month, the central bank bought $5.946 billion and sold $5.175 billion in the spot market, RBI said in its monthly bulletin for April 2022.
The government is likely to start with the pilot and testing in the wholesale segment, RBI deputy governor T. Rabi Sankar said. Bitcoin price rose by 0.14 per...
The Reserve Bank of India has announced various policies and frameworks focused on the Indian payments and transaction ecosystem. Read below to find out more...
The recent hike comes after the Pakistani rupee plunged to an all-time low of Rs 188.18 against the US dollar in the inter-bank market
The Monetary Policy Committee, headed by RBI Governor Shaktikanta Das, is holding its first meeting in the current financial year
RBI governor Shaktikanta Das recently said that the central bank does not see any risk of the Indian economy going into stagflation currently
The RBI Governor-headed rate setting panel -- Monetary Policy Committee -- will be holding its first meeting of the 2022-23 fiscal from April 6 to 8
The MPC announces the bi-monthly monetary policy after deliberations on the prevailing domestic and economic situations
Data gathered from the surveys, which are regularly done by Reserve Bank of India (RBI), provides useful inputs for for its monetary policy
Reserve Bank Governor Shaktikanta Das headed the six-member Monetary Policy Committee (MPC) is scheduled to announce the policy resolution on Thursday.
The RBI's rate-setting panel Monetary Policy Committee (MPC) will begin its deliberations next Monday and announce the policy moves on Wednesday (February 9)...
