Inflation was expected to return to the RBI's target next quarter but be above it in subsequent quarters, according to a separate Reuters survey on the longer-term outlook
The restrictions on The Shirpur Merchants' Co-operative Bank will remain in force for six months from the close of business on April 8, 2024, the RBI said
OIS markets reflect interest rate expectations, with higher rates indicating elevated interest rates for a longer period
As the Reserve Bank celebrates its 90th birthday, the concluding part of a two-column series offers a peek into the lives and works of its governors over the past three decades
Flags internal auditor's task for early detection of irregularities
RBI monetary policy: In no hurry to cut repo rate, MPC keeps status quo; retains FY25 growth, inflation forecasts
Reserve Bank of India has imposed monetary penalty of Rs 1 crore on private sector lender IDFC First Bank for non-compliance with certain directions issued by regulator on Loans and Advances
Domestically, however the economy continues on a strong footing
After witnessing sustained moderation, cost push pressures faced by firms, the RBI said, are showing upward bias
Rural demand catching up, consumption expected to support economic growth in FY25, says RBI governor
Das says confident of meeting external financing requirements
The 'future expectations index', which judges consumer sentiment for the upcoming 12 months, also improved to its highest since mid-2019, the survey showed
RBI MPC highlights: Catch all the highlights related to RBI's Monetary Policy Committee announcements here
The Reserve Bank of India put the estimated real GDP growth for FY25 at 7 per cent
Inflation 'elephant has left the room and it appears to be on its way to the forest,' says RBI governor Shaktikanta Das
As part of the Budget estimate, the government is planning for gross market borrowing of Rs 14.13 trillion for 2024-25
The RBI MPC has also decided to keep its stance of "withdrawal of accommodation" unchanged with a majority of 5-1
Brent crude futures, the global oil benchmark, rose 0.40 per cent to USD 91.01 per barrel
Das stressed that RBI may consider rate cuts only once retail inflation eases towards the RBI's 4% target on a sustainable basis
RBI monetary policy: The MPC decision will be announced by Shaktikanta Das at 10 am on Friday, followed by a press conference at noon