The RBI announced the formation of the working group, to be headed by R S Ratho
RBI proposes additional factor authentication (AFA) for online international 'card-not-present' transactions
First repo cut in 5 yrs, of 25 bps to 6.25%, set to ease home loan rates; MPC keeps 'neutral' stance
Market participants said that the Governor's statement suggests that the RBI is indicating a willingness to allow market-driven depreciation while maintaining some level of intervention
Lack of measures to boost liquidity dents investor sentiment
The RBI’s Monetary Policy Committee cut the repo rate by 25 basis points to 6.25%, maintaining a ‘neutral’ stance. This was the first meeting under new RBI governor Sanjay Malhotra, who cited slowing
RBI rate cut Government borrowing & spending Foreign investment in insurance Insurance employees demand pay hike Small businesses see growth
On February 7, the RBI’s rate-setting panel slashed the repo rate by 25 basis points to 6.25% and kept the policy stance as neutral.
PhonePe had integrated the AA service into its consumer app, allowing users to create an interoperable AA handle and access bank statements through the "check balance" feature at no cost
Account aggregators are non-banking financial companies (NBFCs) that deliver a user's financial data from financial information providers (FIPs) to financial information users (FIUs)
India's forex reserves rose USD 1.05 billion to USD 630.607 billion for the week ended January 31, the RBI said on Friday. In the previous reporting week, the overall reserves had increased by USD 5.574 billion to USD 629.557 billion. This is the second consecutive week of an increase in the reserves, which have otherwise been on a declining trend for the last few weeks due to revaluation along with forex market interventions by RBI to help reduce volatilities in the rupee. The forex reserves had increased to an all-time high of USD 704.885 billion in end-September 2024. For the week ended January 31, foreign currency assets, a major component of the reserves, decreased by USD 207 million to USD 537.684 billion, the data released on Friday showed. Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves. Gold reserves increased by USD 1.242 billion t
The RBI cut the repo rate by 25 basis points to 6.25%, its first rate cut in nearly five years. What does it mean for you.
Reserve Bank of India Governor Sanjay Malhotra announced the plan in the authority's policy statement Friday
RBI prioritises growth as inflation cools, cuts repo rate to 6.25% in Feb 2025 MPC meeting
RBI Monetary Policy: RBI MPC announced a repo rate cut to 6.25 per cent from 6.5 per cent amid slow economic growth and sticky inflation. Here is how investors should invest after RBI policy
The RBI plans to introduce Additional Factor of Authentication (AFA) for international online card transactions, enhancing security for cross-border purchases.
In its December 2024 Monetary Policy Committee meeting, the RBI kept the repo rate unchanged at 6.5 per cent for the eleventh consecutive meeting
The MPC had changed its policy stance to neutral in October and cut banks' cash reserve ratio by 50 bps in December to ease liquidity stress in the banking system
RBI monetary policy: Governor Sanjay Malhotra is expected to lower the repo rate by 25 basis points, prioritising economic growth over inflation control
The RBI has directed large NBFCs to disclose total loan charges, including interest and fees, and mandates board approval for maximum rates to enhance transparency and fair lending practices