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2 mins read

RBI MPC announcement today: Rates unlikely to change, RBI may change stance to neutral

The Reserve Bank of India (RBI) is set to conclude the three-day Monetary Policy Committee (MPC) me…

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3 mins read

RBI's monetary policy committee meeting begins today, announcement on October 9

The Reserve Bank of India (RBI) is set to begin its three-day monetary policy meeting on Monday and…

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3 mins read

RBIs MPC meet concludes today: Repo rate left unchanged at 6.5%

Treading along expected lines, RBI rate-setting panel left the repo rate unchanged at 6.5% for the …

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2 mins read

RBI expected to begin rate cuts in October, with two reductions this fiscal: Crisil

The Reserve Bank of India (RBI) may begin lowering interest rates around October, provided that ext…

ANI   


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Repo rate cut unlikely in ongoing MPC meeting, but RBI may change it during October policy review: Experts

The Reserve Bank of India (RBI) has started its three-day monetary policy committee (MPC) meeting i…

ANI   


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6 mins read

Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans

India's microfinance and unsecured loan sector is facing a crisis with rising NPAs that threaten ov…

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2 mins read

Reserve Bank may act against more NBFCs to keep obscure lending practices in check, says Morgan Stanley

Earlier this month, the apex bank had already issued a stern warning to the NBFC sector, discouragi…

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4 mins read

We want the elephant of inflation to walk back to the forest: Shaktikanta Das

The Indian central bank’s rate-setting panel, the Monetary Policy Committee (MPC), kept the repo ra…

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2 mins read

RBI slaps fine of Rs 2.91 crore on Axis Bank and HDFC Bank: All details

The Reserve Bank of India has fined Axis Bank and HDFC Bank a total of ₹2.91 crore for regulatory l…

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2 mins read

Risk-based premium for deposit insurance merits consideration: RBI Deputy Governor Swaminathan

Speaking at a conference in Jaipur, Swaminathan also said that as the financial sector becomes more…

PTI   


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3 mins read

RBI may not cut repo rate any soon or for six months: Economists

With the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) deciding to retain the repo …

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3 mins read

Rupee falls 1 paisa to close at 83.96 against US dollar

At the interbank foreign exchange market, the local unit opened at 83.94 and touched an intrada…

PTI   


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3 mins read

Raising massive financial resources for net-zero goal unprecedented challenge: Economic Survey

Reaching net zero means achieving a balance between greenhouse gas emissions and the amount of thes…

PTI   


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1 min read

RBI to allow opening of rupee account outside India

The RBI said it has finalised a strategic action plan for 2024-25 and envisaged liberalisation …

PTI   


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3 mins read

RBI monetary policy: MPC likely to keep the pause-button pressed

The Reserve Bank of India’s Monetary Policy Committee (MPC) could/should decide to pause interest r…