RBI
- Business
Financial literacy poor across urban, rural population in country: RBI survey
New Delhi: A general perception is that most of the rural population is not well-versed in digital banking in India. However, in what can be termed as a revelation, according to a…
- India
Missed inflation target, digital currency pilot mark RBI’s 2022 map
Mumbai: The Reserve Bank of India failed to deliver on its contracted inflation target for the first time, started fiat digital currency pilot and finally saw its efforts to improve bank balance sheets…
- Business
HDFC revises RPLR on home loans by 35 basis points
Delhi: Days after the RBI hiked the repo rate for the fifth time in the last seven months, the Housing Development Finance Corporation Ltd (HDFC) on Monday revised its retail prime lending…
- India
Why RBI did not appear despite being served notice: Kerala HC
Kochi: The Kerala High Court recently asked why the Reserve Bank of India (RBI) did not appear before it even after being served a notice on pleas challenging the summons issued by…
- Business
RBI hikes repo rate by 35bps, to continue battle against inflation
Chennai: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) on Wednesday in a 5:1 decision increased the repo rate by 35 basis points (bps) to 6.25 per cent to contain…
- Technology
RBI’s action and experts’ reactions
Chennai: The Reserve Bank of India’s (RBI) Monetary Policy Committee’s (MPC) action to hike the repo rate by 35 basis points (bps) to 6.25 per cent has got the following reactions from…
- Business
Continuing battle against inflation, RBI hikes repo rate by 35 bps
Chennai: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) on Wednesday in a 5:1 decision increased the repo rate by 35 basis points (bps) to 6.25 per cent to contain…
- Business
Demand for moderate rate hike by RBI voiced
Chennai: With the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) expected to revise upwards the interest rate on Wednesday, industry players are voicing out for a moderation. The MPC has…
- India
RBI, Centre inform SC that procedure was followed in 2016’s demonetisation policy
New Delhi: The Reserve Bank of India and the Centre on Monday defended the Centre’s decision to demonetise the old currency notes of Rs 500 and Rs 1,000 before the Supreme Court…
- India
Robust benchmarks critical for stability of the financial system: RBI Deputy Governor
Mumbai: RBI Deputy Governor T Rabi Sankar has talked about the reforms undertaken in financial benchmark administration in India as the country stands in the final stages of transition away from LIBOR…
- India
RBI launches retail digital rupee in four cities
New Delhi: The Reserve Bank of India (RBI) on Thursday launched the first pilot project for retail digital rupee in Mumbai, New Delhi, Bengaluru and Bhubaneswar. The retail digital rupee (e?-R) project…
- Business
RBI’s pilot project on digital rupee to be launched on Dec 1
New Delhi: The Reserve Bank of India’s (RBI) first pilot project for retail digital Rupee (ea,-R) would be launched on December 1, 2022. The pilot would cover select locations in closed user…