Reserve Bank of India
- India
More RBI rate cuts on the cards
New Delhi: As the RBI embarks upon the rate cut cycle, it can be expected that more cuts are also on the cards, while the timing can be debatable, according to a…
- India
RBI cuts repo rate to spur growth
Mumbai: The Reserve Bank of India’s (RBI) six-member Monetary Policy Committee (MPC) on Friday cut the repo rate by 25 basis points to 6.25 per cent. RBI Governor Sanjay Malhotra said the…
- Business
Economic Survey likely to project 6.3-6.8 pc GDP growth in FY’26
New Delhi: The Economic Survey is likely to project a 6.3-6.8 per cent GDP growth for the next fiscal year, sources said. The Survey 2024-25, authored by Chief Economic Advisor V Anantha…
- Business
Retail inflation eases to 4-month low in December
New Delhi: Retail inflation slowed to a four-month low of 5.22 per cent in December compared to 5.48 pc in November, mainly due to easing of prices in food basket, according to…
- Business
RBI purchased another 8 tonnes of gold in Nov as safe-haven asset
Mumbai: The Reserve Bank of India (RBI) bought another eight tonnes of gold in November 2024 as Central banks around the world continued their buying spree with a collective purchase of 53…
- Business
Raghuram Rajan remembers Manmohan Singh as visionary economist with integrity
New Delhi: Former Prime Minister Manmohan Singh was a brilliant economist with a visionary outlook on India’s potential, combined with a fine sense of political feasibility, former RBI Governor Raghuram Rajan said…
- Business
NRI remittances surge to record USD 11.9 billion in April-Oct: RBI
New Delhi: Inflows into in non-resident Indian (NRI) deposit accounts surged to $11.9 billion in April-October during the current financial year, which is nearly twice the corresponding figure of $6.1 billion for…
- Business
Rupee recovers from all-time low against US dollar in early trade
Mumbai: The rupee saw some recovery from its all-time low level and appreciated 6 paise to 85.07 against the US dollar in early trade on Friday. Forex traders said the rupee is…
- India
RBI raises limit for collateral-free agri loans to Rs 2 lakh
The Reserve Bank of India (RBI) has raised the limit for lending collateral-free agri loans to farmers from Rs 1.6 lakh to Rs 2 lakh, the regulations of which will come into…
- India
RBI receives IED threat for its South Mumbai building
Mumbai: The Reserve Bank of India has received a threat email claiming that an improvised explosive device (IED) has been planted in its building in south Mumbai, a police official said on…
- Business
RBI, Finance Ministry coordination at its best: Shaktikanta Das
Mumbai: The Reserve Bank of India and the Finance Ministry have been on “best terms with excellent coordination and cooperation” over the last six years, outgoing RBI Governor, Shaktikanta Das, said in…
- India
RBI raises limit of collateral-free agriculture loans
Mumbai: The Reserve Bank of India (RBI) has decided to raise the limit for collateral-free agriculture loans from Rs 1.6 lakh to Rs 2 lakh to enhance coverage of small and marginal…
- India
RBI hikes interest rates on NRI foreign currency deposits
Mumbai: The RBI on Friday increased the interest rate ceilings on Foreign Currency Non-Resident Bank deposits or FCNR (B) deposits which will enable NRIs to earn more on their savings. The move…
- India
RBI setting up expert committee for ethical use of AI in financial sector
Mumbai: The RBI has decided to constitute a committee to develop a Framework for Responsible and Ethical Enablement of AI (FREE-AI) in the financial sector, RBI Governor Shaktikanta Das announced here on…
- Business
RBI leaves repo rate unchanged, cuts GDP forecast
Mumbai: The Reserve Bank of India on Friday decided to keep the policy rate unchanged for the 11th time in a row but sharply lowered the GDP growth forecast to 6.6 percent…
