RBI Likely To Keep Repo Rate Unchanged Amid Geopolitical Tensions: Experts
Experts expect the RBI to maintain the repo rate as its Monetary Policy Committee begins a three-day meeting amid global uncertainties.
Indian Rupee Among World’s Most Stable Currencies: RBI Governor Shaktikanta Das
RBI Governor Shaktikanta Das says the Indian rupee is one of the world’s most stable currencies against the US dollar.
RBI Bulletin Sees Revival In Rural Consumption, Boost To Private Sector Investment
RBI monthly bulletin has expressed optimism about India's economic prospects, citing a revival in rural consumption.
Finance Minister Urges Banks To Boost Deposits & Lending For Government Schemes
Finance Minister Nirmala Sitharaman urged banks to boost public deposits and support lending for Budget 2024-25 initiatives.
RBI Boosts UPI Tax Payment Limit To Rs 5 Lakh, Introduces New Payment Feature
The Reserve Bank of India (RBI) has announced a substantial increase in the limit for tax payments via the Unified Payments Interface (UPI).
RBI Maintains Repo Rate At 6.5% Amid Balancing Act Between Growth & Inflation
In a move to sustain economic growth while keeping inflation in check, the RBI opted to maintain the key policy repo rate at 6.5%.
Indian Equity Indices Dip Ahead Of RBI MPC Announcement
Indian stock markets opened cautiously Thursday, with equity indices trending downward as investors awaited the RBI MPC decisions.
Indian Economy Sees Surge With 46.6 Million New Jobs In 2023-24: RBI Report
RBI recent data stated that the Indian economy saw a significant upturn in employment during FY 2023-24, with 46.6 million new jobs created.
RBI Slaps Punjab National Bank With Rs 1.32 Crore Penalty For Regulatory Non-Compliance
RBI fined Punjab National Bank Rs 1.32 crore for breaching 'Loans and Advances - Statutory and Other Restrictions' norms and KYC guidelines.
RBI Draft New Regulations To Ease Foreign Trade Transactions
The RBI unveiled new draft regulations aimed at simplifying foreign trade transactions, particularly benefitting small exporters & importers.