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4 mins read
Indian bank stocks drag Nifty, Sensex for the second straight day after RBI policy
While the Reserve Bank of India’s (RBI) monetary policy committee (MPC) kept base rates unchanged t…
1 min read
Rupee rises 10 paise to 82.71 against US dollar
The rupee gained 10 paise to 82.71 against the US dollar in early trade on Monday tracking positive…
PTI
2 mins read
RBI approves Rs 87,416 cr dividend payout to the government for 2022-23
The Reserve Bank of India (RBI) approved a dividend payout of Rs 87,416 crore to the central govern…
2 mins read
As inflation cools off, RBI Guv says 'monetary policy on right track'
With the latest official data indicating a cooling off in the headline inflation to 4.7 per cent in…
2 mins read
India has well-regulated and well-supervised banking sector: RBI Governor
Reserve Bank of India Governor Shaktikanta Das on Friday gave a thumbs up to the country's banking …
1 min read
Uncertainties cloud global economy, G20 must resolutely address challenges: RBI Guv
The Governor of the Reserve Bank of India, Shaktikanta Das, called for concerted action by G20 nati…
PTI
1 min read
RBI issues draft rules for lending, borrowing of govt securities
The Reserve Bank of India (RBI) on Friday issued draft guidelines for lending and borrowing of gove…
2 mins read
Domestic banks' exposure to Adani grp not significant; single case can't impact system: RBI
Domestic banks' exposure to the Adani Group is "not very significant", and the system is strong and…
PTI
1 min read
Cryptocurrencies equivalent to gambling: RBI Governor
Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday reiterated that crypto currencies ar…
3 mins read
Credit expansion will taper down next year if deposits growth doesn't rise: Axis Bank MD
"... If the deposit growth does not continue, our projection says that credit growth can taper …
PTI
1 min read
Curbing inflation key priority area for South Asian nations: RBI Governor
Curbing inflation is among the key priority areas for South Asian nations, RBI Governor Shaktikanta…
1 min read
Consumer complaints need to be resolved quickly, says RBI Governor
The central bank governor said he was concerned about rising customer grievances, despite the …
5 mins read
RBI cuts FY23 GDP growth forecast to 7% as developed world heads into recession
“Against this challenging global environment, economic activity in India remains stable. While…
4 mins read
Benchmarks fly high on RBI’s rate hike, relief rally triggered by Governor’s positive commentary
The Indian equity market on Friday ended on a positive note, after seven straight sessions of globa…
3 mins read
Worst of times can also be the best of times, says Anand Mahindra
Inflation, Mahindra, agrees is a concern but it can nevertheless provide a minimum threshold of …
2 mins read
Now, NRIs can pay parents' utility bills and children's school fees in India
NRIs can now pay utility bills on behalf of their families in Indi
1 min read
RBI lowers FY23 GDP growth forecast to 7.2% due to global headwinds
"As the horizon was brightening up, escalating geopolitical tensions have cast a shadow on our…
3 mins read
RBI hikes repo rate by 50 bps, taking it to a three-year high of 5.9% – Das says inflation at ‘alarmingly high levels’ across jurisdictions
Reserve Bank of India governor Shaktikanta Das today announced the fourth interest rate hike, takin…
1 min read
RBI keeps benchmark policy rate unchanged at 4% for the seventh time in a row
MPC decided to maintain status quo, that is keeping benchmark repurchase (repo) rate at 4 per …
PTI
3 mins read
Inflation may have cooled in July but it will test RBI’s patience in the months to come
“The outlook for aggregate demand is improving, but the underlying conditions are still weak. Ag…