Underlining the need for innovation in the financial sector for effective service delivery, RBI Governor Shaktikanta Das called for effective regulation that should help innovation
Ever-smiling, consciously low profile, and unfailingly polite, it is easy to mistake her for a family matriarch rather than a doyenne of high finance in India
Five-year interest-rate swaps jumped 63 basis points in February, reflecting growing expectations of a tighter monetary policy
5-year govt bond yields have risen to over 50 bps since the Budget 2021 has been presented.
RBI Governor Shaktikanta Das expressed optimism about the overall COVID-19 situation following the rollout of the vaccines and complimented all the SAARC central banks for their efforts
Even as the foreword of the report has been written by RBI governor Shaktikanta Das, the report is not the official view of the central bank
Internationalisation means the currency can be freely transacted by both resident and non-residents, and be used as a reserve currency for global trades
The centre and state governments likely to reduce taxes to bring down high fuel prices
Das on Thursday said the central bank's asset purchases did not dilute its balance sheet or compromise on core principles of central banking
The sector has been rendered vulnerable by the pandemic necessitating concerted effected effects to combat the stress and focus on the revival of the sector
The benchmark 10-year bond yield, at 6.17%, was up 22 basis points since its low last week
Prime Minister Narendra Modi's administration is proposing to prohibit all private cryptocurrencies in the country and create a framework for an official digital currency
Fall in inflation gives MPC room to continue to support growth in economy
The Reserve Bank remains committed to ensure the availability of ample liquidity in the system to foster congenial financial conditions, says Governor
RBI advises against any change in inflation goalposts, monetary policy targets
The meeting on Tuesday was chaired by RBI Governor Shaktikanta Das through video conferencing
The central bank is offering commissions as high as 50 paise per Rs 100 face value for a bond maturing in 2050, compared with just 1.24 paise on April 30, 2020
The central bank on Friday devolved nearly the entire bond auction on primary dealers, as the markets were demanding higher yields for five-year and 10-year bonds being sold
There's a tug-of-war between the RBI and the bond market, as the central bank refuses to accept higher yields
The Reserve Bank of India has so far bought about Rs 2.5 trillion of net debt in the current financial year