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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'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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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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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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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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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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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 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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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…

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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 …