Ongoing European crisis has potential to derail the global economy: RBI Guv Shaktikanta Das
The MPC met on 6, 7, April to discuss the current economic situation & the outlook.
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RBI trims GDP growth forecast to 7.2% amid geopolitical crisis
The Reserve Bank of India (RBI) has now projected India's gross domestic product (GDP) surge at 7.2% for the financial year 2022-23.
RBI MPC: Repo rate unchanged at 4%, 11th time in a row
This is the 11th time in a row that the repo rate has been kept unchanged.
RBI likely to not raise repo rate until August: Report
In the third quarter, twenty-five economists predicted repo rates would rise by 25 basis points to 4.25 percent.
Indian economy can deal with any challenges: RBI Guv Shaktikanta Das
In response to the recent increase in inflation, Shaktikanta Das stated that a similar scenario existed in 2020 and that he thinks that inflation would reduce in the future.
PNB reports fraud of Rs 2,000 crore in NPA account
The bank has reported a fraud of 2,060.14 crore to the RBI in the company's accounts, according to a filing.
Government clarifies its willingness to launch cryptocurrency
The Reserve Bank's proposed CBDC will play an important role in speeding up transactions and lowering the cost of money.
Customer accounts and deposits safe amid RBI order: Paytm Payments Bank
Yesterday, RBI issued a notice to Paytm Payments Bank to stop onboarding new customers under section 35A of the Banking Regulation Act, 1949.
RBI orders Paytm Payments bank to stop onboarding new customers
RBI has further directed Paytm to conduct a comprehensive system audit of its IT system.
Bank credit rises by 7.9% to Rs 116.27 trillion in February: RBI data
In the fortnight ended February 25, bank credit increased by 7.9 percent to Rs 116.27 trillion, while deposits increased by 8.6 percent to Rs 162.17 trillion, according to RBI data.
RBI clarifies how complaints under its Ombudsman Scheme will be received
Misinformation regarding the scheme is being propagated through specific sectors of social media, and the banking authority has been made aware of it.
Paytm likely to approach RBI for small finance bank license by June: Report
Paytm has devised a bold strategy to join the loan market in collaboration with business partners.
Monetary policy is an art of controlling expectations: RBI Guv Shaktikanta Das
The central bank also recognizes that information must be accompanied by matching actions in order to develop credibility and instil wider trust in the policy.
India’s GDP growth recorded at 5.4% in Q3: NSO
The expansion in GDP during 2021-22 is expected to be at 8.9% as against to a squeeze of 6.6% in 2020-21, as per the data announced by the National Statistical Office.
Forex reserves surge by $2.76 billion at $632.95 billion: RBI data
The rise in overall reserves was on account of a rise in the foreign currency assets (FCA), a vital factor of the overall reserves, the Reserve Bank of India's (RBI) weekly data published on Friday indicated.
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