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Tahir Qureshi December 9, 2024 6:36 PM IST
This was announced by the finance ministry as current RBI governor Shaktikanta Das' term has culminated.
Anirudha Yerunkar August 26, 2024 3:12 PM IST
Referring to the country's experience, Das said DPI has enabled India to achieve, in less than a decade, levels of financial inclusion that would have otherwise taken several decades.
Anirudha Yerunkar June 26, 2024 3:35 PM IST
Connecting lower inflation with growth aspirations, the RBI governor said a lower level of price rise can ensure sustainable growth.
Anirudha Yerunkar June 7, 2024 10:10 AM IST
The forecast of an above-normal monsoon and expected improvements in agricultural production could help ease food inflation in the coming months.
Manmath Nayak April 5, 2024 4:13 PM IST
RBI Repo Rate: Experts said the RBI's decision to maintain the key policy repo rate at 6.5% for the seventh consecutive time instills confidence across both residential and commercial real estate sectors.
India.com Business Desk April 5, 2024 10:37 AM IST
RBI Governor Shaktikanta Das said that India presents a different picture on account of its fiscal consolidation and faster GDP growth.
Anirudha Yerunkar April 5, 2024 10:05 AM IST
Repo rate is the rate at which the RBI lends short-term funds to banks. The repo rate is currently at 6.5 percent and has not been changed since April 2023.
Anirudha Yerunkar April 5, 2024 8:53 AM IST
After the RBI latest monetary policy meeting, many global rating agencies revised India's GDP growth forecast upwards. Finance Minister Nirmala Sitharaman, also said that India will grow over 8 per cent in FY24.
Gazi Abbas Shahid April 1, 2024 12:21 PM IST
Speaking at the 90th anniversary of RBI, PM Modi asserted that the situation at the time was so bad that Public Sector banks were able to support the country's economic growth.
India.com Business Desk April 1, 2024 11:41 AM IST
90 Years of RBI: Shaktikanta Das Says Central Bank Takes Necessary Steps To Remain In Sync With Changing Times
IANS March 7, 2024 6:15 PM IST
The MoU covers all current account transactions, permissible capital account transactions, and any other economic and financial transactions.
Anirudha Yerunkar March 7, 2024 8:34 AM IST
India's gross domestic product (GDP) grew 8.4 per cent in the October-December period, boosted by double-digit expansion in the manufacturing sector, according to official data released on Thursday.
India.com News Desk February 8, 2024 6:02 PM IST
RBI Governor Shaktikanta Das said that Paytm flaunted regulatory guidelines and failed to comply which ultimately led to the stern action against the fintech.
PTI February 8, 2024 3:48 PM IST
RBI Governor Shaktikanta Das said the programmability feature will permit users like government agencies to ensure that payments are made for defined benefits.
Manmath Nayak February 8, 2024 12:17 PM IST
The RBI governor said the MPC also decided by a majority of 5 out of 6 members to remain focused on the withdrawal of accommodation to ensure that inflation progressively aligns with the target, while supporting growth.
Manmath Nayak February 8, 2024 10:32 AM IST
RBI Monetary Policy Latest Updates: While addressing the press conference, RBI Governor Shaktikanta Das said the Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 6.5 per cent.
Analiza Pathak December 12, 2023 12:04 PM IST
This update will open doors for seamless and hassle-free transactions across global borders in respective currencies, according to CNBC Awaaz report.
India.com Business Desk December 8, 2023 9:33 AM IST
RBI Monetary Policy Latest Update: For the fourth straight occasion, the monetary policy committee, through its October review meeting, unanimously decided to keep the policy repo rate unchanged at 6.5 per cent, thus maintaining the status quo.
India.com Business Desk December 8, 2023 12:22 PM IST
This move from the RBI allows individuals to do larger transactions using UPI, potentially facilitating smoother and substantial payments in crucial sectors.
India.com Business Desk October 20, 2023 12:25 PM IST
RBI Governor Shaktikanta Das said the global economy is now facing a tirade of challenges.
Abhijeet Sen October 6, 2023 3:41 PM IST
The RBI has extended the card-on-file tokenisation or token creation facility at the level of the issuer bank. It was earlier available only through merchant applications or websites. This means that customers can now tokenise their cards directly with their banks instead of having to do so through a merchant. This will make the tokenisation process more convenient and secure for customers.
Manmath Nayak October 6, 2023 1:10 PM IST
Real estate experts said the RBI's decision to maintain the repo rate at 6.5% during the ongoing festive season is indeed a boon for home buyers.
Manmath Nayak October 6, 2023 9:16 AM IST
RBI Monetary Policy Latest Updates: Governor Shaktikanta Das apart from announcing MPC's decision on the repo rate, reverse repo rate and other policy rates, is also likely to discuss the current domestic as well as global economic situation.
Manmath Nayak October 6, 2023 11:54 AM IST
Governor Das further added the monetary policy committee is committed to aligning India's headline inflation at 4 per cent level.
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