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1 min read
Here’s the monthly salary of RBI governor Urjit Patel
Rajan assumed the charge of RBI Governor from September 5, 2013 at a monthly salary of Rs 1.69 lakh…
1 min read
RBI Governor Urjit Patel says GST will not harden inflation
"The governor is of the view that the GST (goods & services tax) regime would not harden inflat…
2 mins read
RBI Governor Urjit Patel has to tackle 5 main challenges
Newly-inducted RBI Governor Urjit Patel will have to deal with a slew of challenges. It is largely …
2 mins read
RBI Governor Urjit Patel seemed rather clueless on how long the cash ban effect will take to wear off
The RBI says it has pumped in Rs 19 billion worth of cash into the system over the last one month, …
1 min read
Breaking News: RBI keeps repo rate unchanged at 6.25%, to withdraw incremental CRR from Dec 10
Indian economy grew 7.3% between July and September. The announcement comes at a time when there is…
2 mins read
Decoded: Here’s how repo rate cut will help home-buyers and affect FD investors
Now, it all depends on the banks as since 2015, despite the RBI slashing the repo rate by 1.50%, th…
2 mins read
Good news! EMIs to go down. 5 reasons why interest rates were cut
There was no change in liquidity stance. The neutral rate could be at 1.25%. The RBI said the inves…
1 min read
RBI Governor Urjit Patel cuts repo rate by 25 bps to 6.25%
In his maiden monetary policy review as a Governor, Patel has adopted an accommodative stance and i…
2 mins read
Here’s how much RBI governor Urjit Patel will earn now after salary hike
The "basic pay of the Governor and Deputy Governors" has been revised retrospectively with effect f…
2 mins read
Finally RBI governor Urjit Patel breaks his silence on demonetization; assures of normalizing things at the earliest
He also urged the people to start using cash
substitutes like debit cards and digital wallets, sayi…
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CIC issues show-cause notice to RBI for casual approach to its notice
New Delhi, Dec 5 () The Central Information Commission has issued a show-cause notice to the Reserv…
PTI
2 mins read
The head of India's central bank steps down for 'personal reasons'
"It has been my privilege and honour to serve in the Reserve Bank of India in various capacities ov…
Jonathan Garber
2 mins read
RBI may be asked to give a part of its surplus to the government every year: Report
The Narendra Modi government has had its eyes on the surplus reserves of the Reserve Bank Of Indi…
1 min read
Breaking News: RBI keeps repo rate unchanged at 6.25%
It is likely the RBI wanted to assess impact of global headwinds on the rupee.
1 min read
5 key takeaways from RBI’s monetary policy
Meanwhile, the MPC noted that incoming data suggest that the transitory effects of demo…
2 mins read
A bitter debate may hound Finance Minister Nirmala Sitharaman in the first fortnight-- what to do with RBI's surplus reserves
But Modi has come back stronger, and as Nirmala Sitharaman takes charge of the Finance Ministry…
1 min read
Breaking News: RBI leaves repo rate unchanged at 6.25%
RBI Governor Urjit Patel cut SLR by 50 basis points to 20% starting from June 24. The rever…
1 min read
Breaking News: RBI keeps repo rate unchanged at 6.25%
Consumer prices rose an annual 3.65% in February, and climbed just 3.17% the previous month - the s…
3 mins read
RBI offers Narendra Modi government money to boost growth-- share markets cheer
India’s central bank has been saving for a rainy day and looks like that day has come. Aft…
1 min read
There may be no respite from long queues outside banks, ATMs to withdraw cash. Here’s why
"We had sought a hearing with RBI as we were not allocated enough cash, but we were told that ratio…