RBI
- Business
Inflation ‘unacceptably and uncomfortably’ high: RBI Governor at MPC meet
Mumbai: RBI Governor Shaktikanta Das said the retail inflation is “unacceptably and uncomfortably” high and proposed the 50 basis points hike in repo rate at the recent monetary policy review meeting. The…
- Business
India’s forex reserves rises after 4 weeks of fall
Mumbai: India’s forex reserves rose around $2.4 billion during the week ending July 29 after falling for the four consecutive weeks. The rise was seen on back of positive inflows by the…
- Business
Loan EMIs to rise as RBI increases repo rate by 50 bps
Mumbai: The EMIs on the loan will rise as the Reserve Bank of India (RBI) on Friday hiked the repo rate by 50 basis points to 5.40 percent to contain inflation. Several…
- India
Indian economy is an island of financial stability: RBI Governor
Mumbai: Reserve Bank of India Governor Shaktikanta Das on Friday said the country’s economy is an island of stability despite two Black Swan events and multiple shocks. “In an ocean of high…
- Business
RBI ups policy rate to contain inflation
Chennai: Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday announced the rise of policy rate or repo rate by 50 basis points (bps) to 5.4 per cent. The policy or…
- Stock Market
Sensex snaps 6-day rally ahead of RBI’s rate decision; bank stocks slide
Mumbai: The Sensex and Nifty snapped their six-session rally to close marginally lower on Thursday as investors booked profit in banking, finance and energy counters ahead of the RBI’s policy decision. The…
- India
Former RBI Governor Raghuram Rajan praises Chhattisgarh’s Godhan Nyay Yojna
Raipur: Former RBI Governor Raghuram Rajan on Sunday, while appreciating the Gothan and Godhan Nyay scheme of the Chhattisgarh government, said that work of improving livestock conditions is being done through the…
- Business
RBI may hike repo rate at monetary policy meeting next week
Mumbai: The Reserve Bank of India’s (RBI) rate-setting committee is likely to hike 25-50 basis points in repo rate in the monetary policy meeting to be held between August 3-5, according to…
- Business
RBI working on phased implementation of digital currency
New Delhi: The Reserve Bank of India (RBI) is working on a phased implementation of the Central Bank Digital Currency (CBDC) in both wholesale and retail segments, Ajay Kumar Choudhary, Executive Director,…
- Business
RBI unveils measures to check rupee fall; raises overseas borrowing limits for cos
Mumbai: Reserve Bank of India (RBI) on Wednesday raised overseas borrowing limits for companies and liberalised norms for foreign investments in government bonds as it announced a slew of measures to boost…
- Business
Large borrowers’ loan accounts and bad loans decline: RBI
Chennai: The share of large borrowers for scheduled commercial banks (SCB) has declined in the recent times while their share in the gross non-performing assets (GNPA) also went down, said the Reserve…
- Business
Cryptocurrencies are clear danger to financial systems: RBI Governor
New Delhi: Reserve Bank of India (RBI) Governor Shaktikanta Das said on Thursday that cryptocurrencies are a clear danger to the financial systems, adding that we must be mindful of the emerging…
- Bangalore
Karnataka farmers protest against RBI, demand change in loan policy
Bengaluru: Demanding a change of loan policy and delinking CIBIL score for extending the agricultural loan, thousands of farmers staged a protest against the Reserve Bank of India (RBI) in Bengaluru on…
- India
Bad global affairs can lead to $100 bn in capital outflows from India: RBI report
Over the last eight months, Indian financial markets, particularly equities, have seen significant foreign investment outflows due to higher US interest rates and a surge in global commodity prices caused by the…
- Business
Majority feel latest moves by RBI would fail to tame inflation
New Delhi: Rising prices caused by shortages, global oil prices and supply chain disruptions have been a matter of concern for a majority of Indians ever since the first lockdown was announced…
