As per the minutes of the three-day meeting, the Governor said while high inflation continues to be the major concern, revival of economic activity remains steady and is gaining traction
Reserve Bank of India Governor Shaktikanta Das was addressing a BFSI Summit in Mumbai where he said that de-centralised finance poses unique challenge to...
The nominations have been made for four years by the Appointments Committee of the Cabinet (ACC), the RBI said in a notification
The Reserve Bank of India on Wednesday announced a host of measures for the cooperative banking sector and allowed rural cooperative banks to lend to...
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...
He also said the Indian economy is well placed to deal with geopolitical challenges
RBI Governor Shaktikanta Das announced that such linking will be possible starting with the credit cards issued by the RBI-promoted National Payments...
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...
Shaktikanta Das said most of the digital lending apps are not registered with the central bank and operate by themselves
Although the government is pulling out all the stops to bring it under control, it is a given that prices are decided by the supply and the demand for goods...
The six-member Monetary Policy Committee (MPC) led by RBI Governor Shaktikanta Das unanimously decided to raise the repo rate in view of the inflationary...
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.
Last month, RBI raised the repo rate or short term lending rate by 40 basis points in an off-cycle monetary policy review to check spiralling inflation
The interest rate hike may be worrisome for existing and potential home and car loan borrowers as their interest rate and subsequent EMIs (Equated Monthly...
In February 2022, Nirmala Sitharaman had announced in her budget speech, the plan to launch the Digital rupee in this financial year
In its annual report, RBI also said the number of Rs 2,000 denomination notes fell to 1.6 per cent of the total currencies in circulation as on March 2022 from...
Finance minister Nirmala Sitharaman while presenting the Budget 2022-23 had announced that the central bank will launch an Indian digital currency.
'Expectation of rate hike, it's a no-brainer. There will be some hike but how much I will not be able to tell now... to say that 5.15 (per cent) may not be...
The timing of the decision of the MPC, which has six members including Das, surprised markets even though a rate hike was expected in the wake of spiraling...
For the first time since August 2018, RBI had on May 4 delivered a blunt 40 basis points increase in key repo rate to 4.40 per cent, and also hiked the cash...
The SGX Nifty indicated a positive start for the equity market
The RBI on Wednesday after an unscheduled MPC meeting hiked the benchmark lending rate by 40 basis points (bps) to 4.40 per cent to contain inflation.
The RBI after an unscheduled MPC meeting hiked the benchmark lending rate by 40 basis points (bps) to 4.40 per cent to contain inflation.
The RBI slashed the GDP growth projection for the fiscal 2022-23 to 7.2 per cent from its earlier forecast of 7.8 per cent.
The worsening of terms of trade, driven by high commodity prices could have implications for the current account deficit in 2022-23, he said, but it is...