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Shaktikanta Das receives award for A+ grade in Central Bank Report Cards 2024 in USA

The Central Bank Report Cards, published annually by Global Finance since 1994, grade the central b…

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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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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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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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You can let your family members use your UPI account for payments, RBI introduces delegate payments

The Reserve Bank of India announced a new feature called delegated payments, enabling users to auth…

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Rupee rises 8 paise to 83.89 against US dollar in early trade

The rupee rose 8 paise to 83.89 against the US dollar due to favorable domestic equities and a dip …

PTI   


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High food prices raise concerns but improved monsoon offers hope for RBI: SBI report

Volatility in prices of food items like tomatoes, onions, and potatoes has challenged India's Monet…

ANI   


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India's forex reserves at record high of USD 675 billion, external sector resilient: RBI Governor Shaktikanta Das

The previous all-time high for the kitty was USD 670.857 billion on July 19 this year, and the last…

PTI   


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RBI MPC Meet: Repo rates unchanged at 6.5%, inflation moderating, albeit slowly

​MPC decided, by a majority of 4:2 members, that the repo rate will be left unchanged at 6.5%. Thi…

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Credit growth in banks continues to exceed deposits, says new SBI report

The State Bank of India reported that credit growth in Indian banks has been consistently outpacing…

ANI   


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RBI leaves key repo rate unchanged, focus on keeping inflation in check

The Reserve Bank of India (RBI), on Friday, left the key policy rate unchanged at 6.5 per cent in i…

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RBI announces digital payments intelligence platform to check online frauds

In a bid to bolster the safety and security of digital payments and enhance regulatory frameworks, …

ANI   


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Only time will tell how long interest rate will remain high: Shaktikanta Das

Interest rate is likely to remain high for the moment, Reserve Bank Governor Shaktikanta Das said, …

PTI