RBI Keeps Repo Rate Steady At 6.5%; Maintains GDP Growth Forecast
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.
RBI Projects Robust GDP Growth For FY25 Over Strong Economic Fundamentals
The Reserve Bank of India (RBI) is optimistic about India's economic prospects, forecasting a real GDP growth of 7.2% for FY25.
RBI Governor Shaktikanta Das Projects FY25 Retail Inflation At 4.5% Amid Favorable Conditions
During the MPC meeting on Wednesday, RBI Governor Shaktikanta Das projected retail inflation at 4.5% for FY25.
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.
