Reserve Bank of India

In major victory for Modi Govt, Supreme Court upholds 2016 decision to ban Rs 500 & Rs 1000 notes

In a major victory for the Narendra Modi Government, the Supreme Court on Monday upheld the Centre’s decision in November…

2 years ago

India’s consumption gathers steam in post Covid phase amid global slowdown

Even as the Reserve Bank of India trimmed India’s growth projections to 6.8 per cent from the earlier 7 per…

2 years ago

RBI hikes rates, reduces GDP growth forecast

The Reserve Bank of India (RBI) today hiked the repo rate – the rate at which banks borrow from the…

2 years ago

With RBI’s aggressive gold buying, India now holds 9th largest yellow metal reserve

Is the Reserve Bank of India slowing down its gold purchase? In August, RBI’s gold purchase was much lower after…

2 years ago

Dalal Street takes RBI rate hike in its stride

Notwithstanding the Reserve Bank of India’s (RBI) decision to increase the repo rate—the rate at which banks from the central…

2 years ago

RBI hikes interest rates to contain inflation

The Reserve Bank of India (RBI) in its Monetary Policy Committee (MPC) meeting has further hiked the repo rate –…

2 years ago

Inflation expected to ease as global oil prices dip, focus is now on growth

India is expected to shift its focus back on economic growth even as inflation inched upward touching the uncomfortable 7…

2 years ago

ADB pegs India’s growth rate at 7%, China’s at 3.3% for this year

The Asian Development Bank (ADB) in its latest economic update has pegged India’s GDP growth rate at 7 per cent,…

2 years ago

RBI move to allow global trade payments in rupees will bolster India’s exports to Russia, Sri Lanka, Iran

<p> The Reserve Bank of India has allowed payments for exports and imports between India and other countries in rupees,…

2 years ago

Get ready to pay higher EMIs on home & car loans as RBI hikes repo rate by 0.5%

<p> <strong>Your home and car loans would turn dearer as the Reserve Bank of India (RBI) on Wednesday raised the…

2 years ago

With an eye on inflation, RBI unexpectedly increases policy rates, repo rate now at 4.4%

<p> <strong>Amid increasing inflation, the Reserve Bank of India unexpectedly hiked policy rates by 40 basis points to 4.4 per…

3 years ago

RBI lowers India’s growth projection to 7.2% from 7.8%, focus now shifts to managing inflation

<p> <strong>The Reserve Bank of India (RBI) has lowered India's GDP growth rate for the current financial year to 7.2…

3 years ago

India looking at currency swap option to help exporters as Sri Lanka plunges into forex crisis

<p> <strong>With the deepening of Sri Lanka’s foreign exchange crisis, India could look at coming out with a currency swap…

3 years ago

India needs to continue with low interest rate to ensure economy picks up on a sustained basis: Industry body

<p> <strong>India should continue with an accommodative interest rate stance, as long as necessary, to ensure a sustained pick up…

3 years ago

PM launches RBI’s Integrated Ombudsman Scheme to look into bank customers’ complaints

<p> Prime Minister Narendra Modi on Friday launched the RBI’s Integrated Ombudsman Scheme for redressing the grievances of bank customers…

3 years ago

Audit system in India must be made more robust: RBI governor

<p> Reserve Bank of India (RBI) governor Shaktikanta Das has underlined the need to further strengthen the country’s audit system…

3 years ago

India’s Presidency Run At United Nations Security Council For August 2021 | Key Highlights

<p> <iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="315" src="https://www.youtube.com/embed/bIgrqw4tC44" title="YouTube video player" width="560"></iframe></p> <p> India presided over…

3 years ago