One cannot completely rule out the possibility that the pause button would be pressed at the next MPC meet. Future actions, both for policy rate and stance, will depend on evolving data
Says central bank merely provided ministry a list of apps operated by regulated entities, had not suggested any ban
Policy rate increased by 25 bps to a 4-year high of 6.5%
The RBI's caution on inflation and its relatively hawkish position demonstrate its steadfast commitment to achieving the inflation target of 4%
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Central bank management speaks to the media about inflation, economy and government borrowing
There is no proposal to increase the overseas investment limits for domestic mutual funds at the moment, Reserve Bank Governor Shaktikanta Das said on Wednesday.
These vending machines will dispense coins against a debit to the customer's account. The process will use Unified Payments Interface (UPI) instead of physical tendering of notes
Loans are not given considering a company's market capitalisation, he says about Adani Group crisis
Reserve Bank Governor Shaktikanta Das said the strength, size and resilience of the Indian banking system now are much stronger and larger to be affected by a case like this
Das also said RBI has decided to extend UPI to inbound travellers, expanding the scope of Trade Receivables Discounting System and launch a pilot project on QR Code-based Coin Vending Machines
RBI MPC: Shaktikanta Das said that the repo rate hike of 25 bps is considered appropriate at this juncture but the monetary policy will remain agile to inflation
RBI monetary policy: In December, Das had said that despite consecutive rate hikes, core inflation had continued to remain 'sticky'
The rate-increase cycle, which started in May 2022, raising the policy rate from 4 to 6.25 per cent to fight entrenched inflation, is nearing its end
Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday reiterated that crypto currencies are equivalent to gambling, as their perceived value is only make believe
Banks developed culture of prudence; corporate loan demand to pick up
On the CBDC being piloted now, he said central banks issued digital currencies are the future of money and its adoption can help save on logistic and printing costs
'Approach to disinflation' needs to consider risks to growth outlook, says Shaktikanta Das
The Governor outlined six policy priorities before the South Asian region to deal with critical challenges arising due to Covid, inflation, financial market tightening and the Russia-Ukraine war
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