In relief for borrowers, RBI keeps repo rate unchanged at 6.5%
Apr 06, 2023, at 05:07 pm
Mumbai/UNI: In a respite for borrowers, the Reserve Bank of India's (RBI) monetary policy committee (MPC) on Thursday decided to keep the policy repo rate unchanged at 6.5 per cent.
PM Modi congratulates RBI Governor Shaktikanta Das for ‘Governor of the year’ award
Mar 18, 2023, at 07:52 am
Prime Minister Narendra Modi Friday congratulated RBI Governor Shaktikanta Das for receiving the ‘Governor of the year’ award in the Central Banking Awards 2023.
Global economy likely to shrink but worst may be over: RBI Governor
Jan 28, 2023, at 07:49 am
New Delhi/IBNS: The global economy is likely to shrink significantly this year but the worst—both in terms of growth and inflation—appears to be over, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Friday, media reports said.
'RBI committed to bringing inflation down to 4 pc': Shaktikanta Das
Nov 13, 2022, at 07:33 pm
New Delhi: Reserve Bank of India (RBI) Governor Shaktikanta Das Saturday said there is no need to increase the inflation target from 2 to 3 percent even as the Central bank has failed to keep it below the 6 percent upper tolerance level for nine consecutive months, according to media reports.
Inflation is likely to follow downward trajectory in India: Shaktikanta Das
Sep 03, 2022, at 06:32 am
Inflation is likely to go down in the coming months and the impact of high inflation is already past its peak, Reserve Bank of India Governor Shaktikanta Das said Friday.
India's forex reserves grow after four weeks of decline
Aug 05, 2022, at 10:20 pm
Mumbai: India's foreign exchange reserves jumped by $2.4 billion during the week ended July 29 after falling for four consecutive months riding on the return of FPIs.
Aug 03, 2022, at 04:54 pm
New Delhi: A few days after former RBI Governor Raghuram Rajan and ex-NITI Aayog Vice-Chairman Arvind Panagariya dismissed concerns over the possibility of India facing a Sri Lanka-like economic crisis, Finance Minister Nirmala Sitharaman Tuesday told Rajya Sabha the rupee's fall against the USD was not alarming and the unit has performed better than its peers.
Rupee holding up well compared to advanced, EME peers: RBI Guv
Jul 22, 2022, at 08:59 pm
Mumbai: Amid consistent depreciation of the rupee against the US dollar, Reserve Bank of India (RBI) Governor Shaktikanta Das Friday said that the Indian rupee has been holding up well compared to both advanced and EME (emerging market economies) peers.
Reserve Bank of India hikes repo rate by 50 bps to 4.90 percent, loans to become costlier
Jun 08, 2022, at 05:47 pm
Mumbai: As widely expected, the Reserve Bank of India (RBI) on Wednesday hiked policy repo rate by 50 basis points (bps) to 4.90 per cent with immediate effect.
RBI hikes repo rate by 50 basis points
Jun 08, 2022, at 03:53 pm
New Delhi: The Reserve Bank of India on Wednesday announced the decision to hike repo rate by 50 basis points to 4.90 percent.
RBI maintains status quo, keeps repo rate unchanged at 4 percent
Apr 08, 2022, at 04:41 pm
Mumbai/UNI: The Reserve Bank of India (RBI) on Friday kept the benchmark interest rate unchanged at four percent for the 11th time in a row as it continues to maintain its accommodative stance in the backdrop of rising inflation.
Covid-related liquidity measures were introduced with sunset date: RBI Governor
Mar 22, 2022, at 05:58 pm
Covid-19-related liquidity measures announced by the central bank, excluding the interest rates, came with a sunset date, the Reserve Bank of India (RBI) Governor Shaktikanta Das has said.
RBI maintains status quo, keeps repo rate unchanged at 4 percent
Feb 10, 2022, at 06:07 pm
New Delhi/UNI: On expected lines, the Reserve Bank of India (RBI) on Thursday kept the policy repo rate unchanged at 4 percent to support economic growth.
RBI Guv Shaktikanta Das cautions depositors chasing high returns, interests
Dec 12, 2021, at 08:14 pm
New Delhi/UNI: While terming the higher deposit insurance cover of Rs five lakh as an important milestone, Reserve Bank of India (RBI) Governor Shaktikanta Das on Sunday cautioned depositors chasing higher returns.
RBI Governor asks banks to strengthen grievance redressal mechanism
Nov 17, 2021, at 05:51 pm
Mumbai/UNI: Reserve Bank of India (RBI) Governor Shaktikanta Das Tuesday urged banks to revamp and strengthen their grievance redressal mechanisms to minimise the escalation of grievances to the central bank ombudsman.
Far deeper issues involved in cryptocurrency, RBI has serious concerns: Shaktikanta Das
Nov 17, 2021, at 02:02 pm
Mumbai/IBNS: Reserve Bank of India (RBI) Governor Shatikanta Das has reiterated that it has serious concerns over cryptocurrency as "far deeper" issues are involved amid reports that the Centre is likely to table a cryptocurrency bill in the upcoming winter session of Parliament.
RBI keeps repo rate unchanged at 4 percent, maintains accommodative stance to support growth
Oct 08, 2021, at 04:53 pm
Mumbai/New Delhi/UNI: As widely expected, the Reserve Bank of India (RBI) Friday held the repo rate steady at 4 percent and maintained an accommodative policy stance to support economic growth and recovery.
RBI keeps repo rate unchanged at 4 percent
Oct 08, 2021, at 03:50 pm
Mumbai: The Reserve Bank of India on Friday announced the decision to keep repo rate unchanged at 4 percent.
RBI retains GDP forecast for FY22 at 9.5pc
Aug 06, 2021, at 10:00 pm
New Delhi/UNI: Buoyed by increasing exports, high-frequency data pointing to positive outlook and widening vaccination coverage, Reserve Bank of India (RBI) on Friday retained its real GDP growth projection for FY22 at 9.5 per cent while announcing the bi-monthly monetary policy.
RBI holds repo rate at 4 pc, keeps all other rates also unchanged
Aug 06, 2021, at 06:24 pm
New Delhi/UNI; Announcing its bi-monthly monetary policy on Friday, the Reserve Bank of India (RBI) kept the repo rate unchanged at 4 per cent on expected lines to support growth hit hard by the COVID-19 pandemic.
RBI MPC keeps repo rate unchanged at 4 percent: Shaktikanta Das
Aug 06, 2021, at 03:56 pm
New Delhi: RBI Governor Shaktikanta Das on Friday announced its Monetary Policy Committee (MPC) kept the repo rate unchanged at 4 percent.
COVID-19: RBI relaxes overdraft facility for state governments
May 05, 2021, at 09:47 pm
Mumbai: RBI Governor Shaktikanta Das on Wednesday announced a series of measures to support the nation’s fight against the second wave of COVID-19 infections.
Reserve Bank of India Governor Shaktikanta Das to make unscheduled speech today
May 05, 2021, at 02:37 pm
Mumbai: Reserve Bank of India Governor Shaktikanta Das will make an unscheduled speech on Wednesday.
RBI maintains repo rate for fourth consecutive time
Feb 05, 2021, at 04:48 pm
Mumbai/UNI: Continuing the accommodative stance, the Reserve Bank of India (RBI) on Friday kept the key rates unchanged for the fourth time in a row.
Repo rate remains unchanged at 4 percent: RBI Guv Shaktikanta Das
Feb 05, 2021, at 03:49 pm
New Delhi: Reserve Bank of India Governor Shaktikanta Das has said the Monetary Policy Committee (MPC) decided to keep the repo rate unchanged at 4 percent
RBI can consider idea of bad bank: Governor Shaktikanta Das
Jan 17, 2021, at 03:33 am
New Delhi/UNI: The Reserve Bank of India would consider the idea of a bad bank if there is any such proposal, Governor Shaktikanta Das said on Saturday.
Response for PMC Bank resolution look positive: RBI governor Shaktikanta Das
Dec 05, 2020, at 12:14 am
Mumbai/UNI: Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said the response from potential investors for reconstruction of crisis-ridden Punjab and Maharashtra Co-operative Bank looks "positive" so far.
MPC voted unanimously to keep the policy repo rate unchanged at 4%: RBI Guv Das
Dec 04, 2020, at 03:53 pm
New Delhi: Reserve Bank of India Governor Shaktikanta Das on Friday said the Monetary Policy Committee (MPC) voted unanimously to keep the policy repo rate unchanged at 4 per cent.
RBI keeps lending rates unchanged
Oct 09, 2020, at 03:48 pm
Mumbai: Reserve Bank of India Governor Shaktikanta Das on Friday said the repo rate and reverse repo rate will remain unchanged.
Aug 28, 2020, at 12:57 am
Mumbai/IBNS: The Reserve Bank of India’s (RBI) framework for Covid-19 solutions is well thought and taken after due consultations, Governor Shaktikanta Das said Thursday, adding that the central bank’s response to COVID-19 is unprecedented.