RBI

World Economic Forum: India's International Confidence Hits...

Thu, Jan 18, 2024

Reserve Bank of India (RBI) Governor Shaktikanta Das, speaking at the World Economic Forum 2024, highlighted a surge in international confidence towards India. He cited the National Statistics Office (NSO) revising India's FY23 growth projection to 7.3%, surpassing the RBI's own 7% estimate, as evidence of this positive sentiment. Additionally, Das expressed optimism for FY24, stating he "senses" India's GDP growth will reach 7%.

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RBI Issues Draft Norms on Dividend Declaration by Banks | Zee Bus...

Wed, Jan 03, 2024

RBI issued draft circular on dividend declaration of banks, new rules will be implemented from financial year 2025, sought suggestions from stakeholders till January 31, rules for all Commercial Bank, SFB, Payment Bank, Regional Bank

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RBI MEET: Will the MPC maintain the status quo and keep rates ste...

Thu, Dec 07, 2023

Even as the three-day RBI MPC meeting has started on Wednesday, all eyes are on the interest rate-setting panel’s decision on Friday. Experts, however, expect a status quo on the key policy rates as inflation is gradually coming closer to the RBI’s target level and economic growth is picking up. RBI Governor Shaktikanta Das-headed Monetary Policy Committee has begun its three-day deliberations on December 6. Das would unveil the decision of the six-member MPC on the last day of the meeting--December 8 (10.00 AM).

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RBI cuts repo rate by 25 bps, changes stance to neutral: Read FULL Statement

Thu, Feb 07, 2019

The Reserve Bank of India's (RBI) Monetary Policy Committee decided to reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 6.5 per cent to 6.25 per cent with immediate effect on Thursday morning.

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HIGHLIGHTS: RBI Monetary Policy Review February 2019 - From Repo Rate to GDP to Inflation, all you need to know with full PDF

Thu, Feb 07, 2019

The Reserve Bank of India (RBI) on Thursday announced the sixth bi-monthly monetary policy statement for 2018-19. The three-day policy review meeting by the Monetary Policy Committee (MPC) began in Mumbai on Tuesday. 

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RBI Rate Now: Governor Shaktikanta Das has his way, cuts repo rate by 25 bps to 6.25%, policy stance turns neutral

Thu, Feb 07, 2019

RBI Rate Now: Many believed a status quo in this RBI monetary policy for a host of reason including core inflation, fiscal slippages, etc. 

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RBI Monetary Policy: No rate cut is what Indian Rupee wants from Shaktikanta Das

Thu, Feb 07, 2019

The majority, in a poll of economists, believes a status quo is in the offing for this RBI policy, however, some have pointed out a surprise in the form of rate cut from governor Shaktikanta Das and MPC members. 

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RBI Monetary Policy Committee meeting: MPC likely to be cautious on inflationary impact of interim budget

Thu, Feb 07, 2019

The RBI governor Shaktikanta Das along with Monetary Policy Committee (MPC) will be announcing India’s sixth monetary policy at around 1145 hours on Thursday.

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RBI Monetary Policy: 9 key factors that will decide governor Shaktikanta Das' rate decision

Thu, Feb 07, 2019

Majority of economists are predicting a status quo. However, few have still pointed out towards a repo rate cut picture for the first time in over an year. 

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'Rate Cut' or 'Status Quo', what will be RBI Governor Shaktikanta Das' take in this monetary policy meet?

Thu, Feb 07, 2019

Currently, the RBI policy repo rate stands at 6.50% with reverse repo rate at 6.25%; whereas marginal standing facility (MSF) rate and bank rate at 6.75% each. 

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Ahead of RBI monetary policy meet, report says banks may hike interest rates

Wed, Feb 06, 2019

Just a day ahead of the RBI monetary policy meet a report says that the jump in credit growth will require banks to raise over Rs 20 lakh crore in deposits by March 2020 and may also push up interest rates, a report said Wednesday. 

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RBI monetary policy meeting on February 7

Wed, Feb 06, 2019

This is the first policy of RBI Governor Shaktikanta Das, who also heads the monetary policy committee. The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) will be held from February 5 to 7.

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Rupee to remain stable against Dollar on easing oil prices

Wed, Feb 06, 2019

Due to fast approaching Lok Sabha elections, easing crude oil pries and the RBI adopting buy back policy in regard to rupee-dollar deviation, rupee is expected to remain in 71-72/dollar range

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RBI Monetary Policy review: Market expects cut in repo rate

Wed, Feb 06, 2019

The Reserve Bank of India may cut Repo Rate by 0.5 per cent to 0.25 per cents, say experts as it would help rise in liquidity into the market to fuel portfolio investment

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RBI likely to change monetary policy stance, move closer to rate cut

Tue, Feb 05, 2019

The Reserve Bank of India is likely to change its monetary policy stance to "neutral" from "calibrated tightening" on Thursday and move closer to a rate cut in April as inflation stays below the central bank`s 4 percent target.

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RBI MPC may change policy stance to neutral this week: Experts

Mon, Feb 04, 2019

The RBI's Monetary Policy Committee is likely to change its policy stance to neutral in its meeting this week on low inflation footprint but would refrain from cutting interest rates due to fiscal challenges and rising crude oil prices, experts said. 

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Post-Budget 2019, focus on monetary policy panel's first meet on repo rate, CRR

Fri, Feb 01, 2019

After the massive giveaways to farmers and major tax rebate to the middle class in the interim Budget 2019, all eyes are on the first meeting of Monetary Policy Committee to see if there will be any downward revision of the repo rate and CRR to ease pressure on banks. 

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Retail investors alert! This BSE app will help you gain direct access to govt securities, treasury bills from RBI

Thu, Jan 31, 2019

Good news to retail investors. The benchmark Bombay Stock Exchange (BSE) has now launched its own mobile app.

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ATM Debit card pin code fraud: Money debited from your account without your consent? Here is what you should do

Wed, Jan 30, 2019

Banks are needed to provide you customer service 24X7 through multiple channels like website, phone banking, SMS, e-mail, IVR, a dedicated toll-free helpline, reporting to home branch, etc. for reporting unauthorised transactions that have taken place and/ or loss or theft of payment instrument such as card, etc.

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RBI proposes to relax norms for new players' entry in retail payment systems

Tue, Jan 22, 2019

RBI) Monday proposed to relax norms for entry of new players in the retail payment systems with a view to give a boost to innovation and competition.

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Will undertake policy measures after weighing challenges: RBI Guv on Brexit

Sat, Jan 19, 2019

Reserve Bank Governor Shaktikanta Das Friday said the central bank will undertake policy responses after carefully weighing the challenges and opportunities with regards to developments around Brexit. 

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Kotak Bank user? Alert! Your debit, credit card transactions may be affected in this period

Fri, Jan 18, 2019

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RBI imposes Rs 1 cr penalty on Bajaj Finance - Here is the reason behind the move

Tue, Jan 15, 2019

"This action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the NBFC with its customers," RBI said in a statement on Monday.

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