Bharat Express

Reserve Bank of India (RBI)

The RBI expressed confidence in the country’s economic stability, with Shaktikanta Das stressing a proactive approach to global challenges.

The RBI has imposed strict regulatory actions on four NBFCs - Asirvad, Arohan, DMI, and Navi - over major supervisory concerns.

On Wednesday, the RBI's MPC decided to maintain the repo rate at 6.5% and upheld its GDP growth forecast for India at 7.2% for FY25.

The Reserve Bank of India (RBI) is optimistic about India's economic prospects, forecasting a real GDP growth of 7.2% for FY25.

During the MPC meeting on Wednesday, RBI Governor Shaktikanta Das projected retail inflation at 4.5% for FY25.

Experts expect the RBI to maintain the repo rate as its Monetary Policy Committee begins a three-day meeting amid global uncertainties.

RBI Governor Shaktikanta Das says the Indian rupee is one of the world’s most stable currencies against the US dollar.

RBI monthly bulletin has expressed optimism about India's economic prospects, citing a revival in rural consumption.

Finance Minister Nirmala Sitharaman urged banks to boost public deposits and support lending for Budget 2024-25 initiatives.

The Reserve Bank of India (RBI) has announced a substantial increase in the limit for tax payments via the Unified Payments Interface (UPI).