Page 210 - Reserve Bank Of India

Exporters in Tirupur hail RBI holding policy rates at same level

RBI has announced the decision of the MPC to keep the major policy repo rate at 4 per cent and reverse repo rate at 3.35 per cent unchanged

Real GDP growth for FY23 projected at 7.8%, says RBI Governor

The Reserve Bank's growth projection for next financial year is lower than 8-8.5 per cent projected by the Finance Ministry in the recent Economic Survey

Cryptos a threat to financial stability; value not even a tulip: RBI Guv

He added that it is his duty to caution investors, and told them to keep in mind that they are investing at their own risk

RBI sees retail inflation moderating to 4.5% in FY23: Here's why

The Reserve Bank of India (RBI) retained its inflation projection at 5.3 per cent for the current financial year

RBI is still very dovish, but will inflation really remain low?

The indication is that an accommodative stance will continue into the next year too, as long as inflation remains stable

Bond yields cool off before Reserve Bank of India's monetary policy

RBI watchers call for a CRR hike to support OMOs

Finance Minister Nirmala Sitharaman to address RBI board on Feb 14

It has been a custom that the finance minister addresses the RBI board, consisting of RBI Governor and existing four deputy governors, after the budget

Rupee fell by 5 paise to close at 74.79 against US dollar

At the interbank foreign exchange, the rupee opened at 74.70 against the American dollar, and later witnessed an intra-day high of 74.68 and a low of 74.87 against the greenback

RBI must focus more on inflation to combat spiking yields, say traders

The benchmark 10-year bond yield spiked to a 2-1/2-year high after the government announced a borrowing target of 14.95 trillion rupees ($199.84 billion) for the next fiscal year

Reserve Bank of India to prematurely redeem sovereign gold bonds

The due date of premature redemption of the above tranche shall be February 8.

RBI begins three-day monetary policy meet to decide on key rates

RBI Governor Shaktikanta Das headed six-member Monetary Policy Committee (MPC) is scheduled to announce the policy resolution on Thursday

Bank fraud complaints rose to 145,309 in FY21 against 135,448 in FY20: FM

'The RBI informed that there is an increase of 12.01 per cent and 52.99 per cent with regard to complaints in Mobile/Electronic Banking and Credit Card, respectively,' Nirmala Sitharaman said

RBI extends restrictions on Karnataka's Millath Co-Operative Bank till May

As per the directions issued first on May 10, 2019, withdrawals were capped at Rs 1,000 from any account. The directions have been periodically extended till now.

RBI may wait for a few more months to raise interest rates, says survey

India has only recently begun to recover much of its lost ground and New Delhi's latest budget was modestly stimulative compared with expectations

RBI postpones MPC meet to Feb 8 as Maharashtra declares public holiday

RBI announced rescheduling of rate-setting Monetary Policy Committee (MPC) meeting by a day in view of Maharashtra declaring public holiday on February 7

RBI monetary policy: Evolving trade-offs warrant deep analysis

Before the Union Budget projections for FY23, we had pencilled in a formal start of monetary policy normalisation in the forthcoming February review, with a small rise in the reverse repo rate

India's forex reserves down by $4.531 billion to $629.755 billion

The country's foreign exchange reserves declined by $4.531 billion to stand at $629.755 billion in the week ended January 28, RBI data showed

RBI's MPC likely to leave policy rates unchanged till April: Report

The key repo rate has been at 4 per cent since May 2020, an all-time low, even though bond yields have been heading north for many months now

RBI's Digital Rupee will help curb black money menace: Official

'If you buy something from a shopkeeper and pay through digital money and that digital money is used to pay to his vender by shopkeeper, RBI will have all the data,' a finance ministry official said

Reserve Bank of India likely to tweak norms to reduce MFI risk

RBI may tweak the qualifying assets threshold for microfinance institutions (MFIs) to 75 per cent of their net assets, compared with the current level of 85 per cent of net assets