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R.B.I.
RBI, govt working in complete harmony on crypto : Nirmala Sitharaman
New Delhi : Crypto is back on the discussion table as Finance Minister Nirmala Sitharaman and Reserve Bank of India (RBI) Governor Shaktikanta Das deliberated over the issue. The Finance Minister had announced in her Budget speech that the…
India’s FY23 GDP growth projected at 7.8%: Shaktikanta Das
Mumbai : India's GDP is expected to grow at 7.8 per cent in FY2022-23, said RBI Governor Shaktikanta Das on Thursday.In a statement after the Monetary Policy Committee's bi-monthly meet, Das said the real GDP growth is projected at 17.2 per…
Long road ahead for RBI to launch its digital currency
New Delhi : With the government announcing its own digital currency by 2023, industry experts on Wednesday welcomed the move, albeit with caution as there is no formal Crypto Bill in place that clears the air around its use, and the Reserve…
RBI likely to hike interest rates by up to 100 basis points in 2022
New Delhi : The RBI is likely to start raising the policy rate in the near future by up to 100 bps in 2022."In the immediate neighbourhood, Pakistan and Sri Lanka have raised policy rates. We expect India, too, to start raising interest…
Fake currency found in RBI chest in Lucknow, FIR lodged
Lucknow : Fake Indian currency, with a face value of Rs 47,710, has been found in the Reserve Bank of India chest during an audit in Lucknow.RBI Assistant Manager Satyavir Singh has lodged a case with Mahanagar police about the recovery of…
Recovering economy not immune to global spillovers: RBI Governor
RBI, Mumbai, Reserve Bank, Shaktikanta Das, Economy
Growth Oriented: RBI retains rates, accommodative stance
The Reserve Bank of India has retained its key short-term lending rates along with the growth-oriented accommodative stance during the second monetary policy review of FY22.Accordingly, the Monetary Policy Committee (MPC) of the central…
RBI relaxes Overdraft (OD) facility for states to aid fight Covid
To enable the State Governments to better manage their fiscal situation in terms of their cash-flows and market borrowings, the Reserve Bank of India (RBI) on Wednesday permitted certain relaxations with regard to availment of Overdraft…
Structural Reform : RBI gives retail investors direct access to G-Sec market
To encourage retail participation in the government securities (G-Sec) market, the Reserve Bank of India (RBI) on Friday decided to give investors direct access to the G-Sec market.The major structural reform was announced by the RBI…
Inflationary woes: RBI retains rates, maintains accommodative stance
The Reserve Bank of India (RBI) on Friday retained its key short-term lending rates to subdue the unabatedly high inflation rate.However, the Monetary Policy Committee (MPC) of the central bank maintained the growth-oriented accommodative…
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