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India likely to grow at 7.2% in FY25, says RBI deputy governor

India's rising working-age population and digital advancements are pivotal in this growth.

PTI   


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Loan sanctioning has gone digital, but recovery still needs a 'feet on the street' approach, says RBI Deputy Governor

He also highlighted one particularly concerning practice that involves the invasion of customers' p…

ANI   


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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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RBI can't ignore food inflation while setting rates, will wait for NSO to review CPI weightage: Das

"The MPC (monetary policy committee) may look through high food inflation if it is transitory; …

PTI   


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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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RBI Governor Das discusses ways to scale up UPI ecosystem with stakeholders

Das held a meeting on Wednesday with major stakeholders in the UPI ecosystem - banks, NPCI, thi…

PTI   


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RBI to focus on disinflation, food inflation sticky to core, note RBI's MPC minutes

The fiftieth meeting, conducted under Section 45ZB of the RBI Act, 1934, ended with the decision to…

ANI   


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Status-quo on interest rate likely, say experts ahead of RBI's policy review

The Reserve Bank of India is expected to maintain the current repo rate at 6.5% in its upcoming pol…

PTI   


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Action against Paytm bank was in customers' interest: RBI

Reserve Bank of India Governor Shaktikanta Das said on Thursday that all its actions, including cer…

ANI   


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Govt extends RBI Deputy Governor Patra's tenure by one year

The Appointments Committee of the Cabinet, headed by Prime Minister Narendra Modi, has approved …

PTI   


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We’d like to curtail consumption-led loans with no clear end use: RBI Dy Governor

“The loans in the under ₹50,000 segments is less than half a percent of total outstanding. The…

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SLBCs can play effective role in financial inclusion by better coordination with govt, NGOs: RBI DG

Deepening financial inclusion is not merely about increasing the number of bank accounts but about …

PTI   


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Customer protection 'guiding light' of revamped microfinance regulations, says RBI deputy governor

Reserve Bank of India’s (RBI) deputy governor M Rajeshwar Rao on Friday outlined several measures i…

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It's just a pause not a pivot, says Shaktikanta Das on RBI's status quo

The surprise move to hold repo rate should not be seen as an indicator of carrying out similar move…

PTI   


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India can sustain 8% growth, even higher: RBI bulletin

India can sustain 8 per cent annual GDP growth and the conducive macroeconomic configuration may be…

PTI   


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RBI deputy governor makes a case for banning cryptocurrencies, says it can wreck the banking system

Making a strong case for banning cryptocurrencies, Reserve Bank Deputy Governor T Rabi Sankar on Mo…

PTI   


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RBI to come up with unified regulatory framework on connected lending

The Reserve Bank of India (RBI) said on Friday that it will come up with a unified regulatory frame…

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'Remain watchful' is RBI Governor's advice to heads of banks amid global headwinds

RBI Governor Shaktikanta Das acknowledged the crucial role played by the commercial banks in suppor…

ANI   


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India’s central bank to establish cloud facility for financial institutions

India’s central bank, the Reserve Bank of India (RBI) is working on a dedicated cloud facility for …

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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…