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
Our editorials and columns look at the consequences of policy actions, and how they can have far-reaching impacts
Global uncertainty demands caution on monetary policy
Malhotra took charge as the 26th RBI governor in December last year
The government on Saturday projected a slightly higher-than-expected 14.82 trillion rupees ($171 billion) of bond sales in its budget
The Reserve Bank of India last week resumed bond purchase auctions after a gap of more than three years and plans to buy more in the coming weeks
RBI buys or sells dollars in the FX forward market when it does not want its spot intervention to affect domestic liquidity and/or to maintain headline forex reserves
As the RBI takes steps to address both short-term and durable liquidity concerns, the focus now shifts to whether these measures can create the right conditions for rate cut transmission
Despite the doubling in the government's debt sales since the pandemic, robust demand from long-term investors, like pension funds and insurance companies, has helped absorb supply
RBI's six-member rate setting panel will announce the review of the policy on Friday, 7 February
It can, if it is convinced that the adjustment in the rupee valuation has already been done and the local currency has found its own level
The government on Saturday projected a dividend income of Rs 2.56 lakh crore from the Reserve Bank and public sector financial institutions in FY2025-25, as per the Budget documents. In the current financial year, receipts from dividend/surplus of RBI, nationalised banks and financial institutions are estimated at Rs 2.34 lakh crore, about Rs 1,410 crore higher than the previous estimates. The documents stated that the total central government's receipts from 'dividends from public sector enterprises and other investments' would be Rs 3.25 lakh crore, up from Rs 2.89 lakh crore. In her Budget speech, Finance Minister Nirmala Sitharaman said the total receipts other than borrowings and the total expenditure are estimated at Rs 34.96 lakh crore and Rs 50.65 lakh crore, respectively. The net tax receipts are estimated at Rs 28.37 lakh crore. The Centre's fiscal deficit is estimated at 4.4 per cent of GDP during the next financial year. To finance the fiscal deficit, the net market .
The RBI accepted Rs 1,054 crore worth of green bonds at the auction, against the notified amount of Rs 5,000 crore