Move aims to develop a deep rupee interest rate swap market that accommodates divergent participants
RBI lowered its inflation projection sharply from previous forecasts, but flagged risks on the upside on revised numbers
Move will affect cross-border specialist payment operators and companies like VISA and Mastercard, say experts
Urjit Patel says HRA revisions have to be excluded from CPI index, but, if there are second-round effects, RBI will take those into account
From an 8% premium, quoting at 27% discount to international price with investors' distress sales
Central bank considers issuing digital currency, sets up panel which will submit report by June
Barclays Chief India Economist Siddhartha Sanyal expect MPC to remain mindful of not stifling growth at current nascent stage of recovery
The MPC has prudently voiced concerns about the possible interplay of domestic and global risk factors, said Chanda Kochhar
The central bank's half-yearly report said the NPAs have touched double digits
NuPower will return loan with interest to consumer durables major by 2021
It was first time since the biggest scam in the nation's banking history in mid-February that the RBI has taken questions from the media
The GDP model gives the picture from the consumers' side or demand perspective
Five of six members on the monetary policy committee (MPC) voted for a hold, while one wanted a hike in the repo rate
At today's monetary-policy, the RBI left repo rate unchanged at 6%
We will closely monitor the evolution of the handful of factors and how they impact inflation, said Urjit Patel at the bi-monthly policy press conference
Global demand has been improving, which should encourage exports and boost fresh investment
The central bank will issue detailed instructions in this regard within one week
On the whole it does appear that a rate hike is definitely not on the cards at present and that it will not, unless something goes very awry
Reserve Bank of India has maintained the status-quo on the key short-term borrowing rate (repo) in its last three policy meets
GDP growth projected to strengthen to 7.4% in FY19, from 6.6% in FY18; 7.3-7.4% in H1FY19 and 7.3-7.6% in H2FY19