Reserve Bank of India (RBI)

RBI approves AU SFB’s MD & CEO appointment for 3 years

RBI has approved the reappointment of AU SMB's MD & CEO for 3 more years.

Retail inflation in March drops to 5.66%, below RBI’s upper band

Driven primarily by the softening of food prices, India's retail inflation measured by consumer price index (CPI) fell to 5.66% in March 2023 from 6.44% in the previous month.

RBI Monetary Policy: Repo Rate to remain unchanged at 6.5%

Monetary Policy Committee (MPC) unitedly decided to keep the repo rate unchanged at 6.5%, says RBI Governor Shaktikanta Das.

HDFC fined by RBI for violating regulations

According to the RBI, a National Housing Bank assessment of the company revealed that it failed to transfer matured savings of some depositors to their allocated bank accounts throughout the 2019–20 timeframe.

Digital currency has 50,000 users, 5,000 merchants: RBI

QR code-based coin vending machine: How it will work?

SBI Cards gets shaky on RBI paper for regulation in merchant fee

A 5% plummet is seen in SBI Cards shares as fears loom around merchant discount rates on credit card transactions being regulated by the RBI.

Policy watchers, economists give mixed reactions to RBI hiking repo rate

The policy watchers and economists gave a mixed reaction to the Reserve Bank of India (RBI)'s announcement of hiking policy repo rate by 50 basis points (bps) to 4.90 per cent with immediate effect.

RBI raises retail inflation forecast for FY2023 by 6.7%

RBI MPC has increased the prediction for inflation to 6.7%, and MPC has also decided to focus on the withdrawal of accommodation.

RBI hikes repo rate by 50 bps to 4.90%

Rate increase follows an out-of-cycle increase last month. The RBI slashed the repo rate in March 2020 to mitigate the impact of a covid-induced lockdown,

RBI hikes housing loan limit of cooperative banks by 100%

Central bank has permitted rural cooperative banks to extend finance to commercial real estate, Das said.

RBI clarifies “No such proposal in the Reserve Bank” for changing existing currency and banknotes

RBI clarifies that no changes are expected to the current banknotes in circulation and the rumours in the media should not be considered.

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.

Retail inflation soars to 6.01% in January from 5.66% in December: Govt data

Last week, the RBI's MPC maintained key lending rates and its standpoint unchanged to guarantee a broad-based recovery and projected retail inflation to ease to 4.5 per cent in the next financial year.

RBI to soon present a set of guidelines on digital lending: Deputy Guv M Rajeshwar Rao

The RBI had initially kept the deadline for applying to the umbrella entity until February 26, 2021, but later extended it until March 31, 2021.