RBI

New Delhi : Morgan Stanley expects the RBI to embark on policy normalisation with a 15-20bps hike in the reverse repo rate to normalise the policy rate corridor in the upcoming MPC meeting. This is against the backdrop of both domestic and…

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…

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…

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…

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…

RBI, Mumbai, Reserve Bank, Shaktikanta Das, Economy

Mumbai : The Centre has extended the tenure of Reserve Bank of India Governor Shaktikanta Das by another three years.Accordingly, the Appointments Committee of the Cabinet, approved Das's reappointment.In an order, it said: "The…

New Delhi : The Reserve Bank of India on Friday lowered FY22 retail inflation projection for the ongoing financial year to 5.3 per cent from the previous estimate of 5.7 per cent.In a virtual address post the monetary policy meet, RBI…

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…

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…