RBI
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India
RBI receives bomb threat in Russian email; Mumbai Police launch probe
The Reserve Bank of India (RBI) received a bomb threat email on Friday, targeting its Mumbai office. Written in Russian,…
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India
Sanjay Malhotra to be next RBI governor, to succeed Shaktikanta Das
The central government on Monday appointed Sanjay Malhotra as the next governor of the Reserve Bank of India (RBI). Malhotra,…
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India
RBI Keeps Key Lending Rate Unchanged, Growth Target Lowered To 6.6%
RBI Governor Shaktikanta Das announced that the six-member Monetary Policy Committee has decided to keep the repo rate unchanged by…
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Latest News
IMF raises India’s growth forecast to 6.3% for 2023-24, cites strong consumption
The IMF has increased its GDP growth forecast for India for the financial year 2023-24 to 6.3%, the second upward…
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India
RBI withdraws ‘Rs 2,000’ note: Exchange facility available in banks till September 30 | DETAILS
RBI withdraws Rs 2,000 note: Rs 2,000 denomination banknote was introduced in Nov 2016, primarily to meet the currency requirement…
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Business
RBI imposes fines on Vakrangee, LIC Housing for violating norms
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1,76,00,000 on Vakrangee Ltd for non-compliance with…
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Business
RBI policy body set to meet on Nov 3 to explain missing inflation target
With the retail inflation accelerating to 7.41 per cent in September, the RBI has missed maintaining the inflation target of…
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Business
Internationalisation of rupee has risks but they are unavoidable: RBI deputy governor
Internationalisation of the rupee is a process that involves increasing use of the local currency in cross-border transactions. It involves…
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Business
Fight against inflation will be dogged, prolonged: RBI report
The consumer price-based index (CPI), or retail inflation, accelerated to 7.4 per cent in September from 7 per cent in…
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Business
RBI hikes repo rate by 50 basis points to 5.9%; fourth hike in a row
RBI rate hike: The Reserve Bank’s rate-setting panel on Wednesday started deliberations on the keenly awaited monetary policy amidst the…
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