Bharat Express

Reserve Bank of India (RBI)

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 stock markets opened cautiously Thursday, with equity indices trending downward as investors awaited the RBI MPC decisions.

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 fined Punjab National Bank Rs 1.32 crore for breaching 'Loans and Advances - Statutory and Other Restrictions' norms and KYC guidelines.

The RBI unveiled new draft regulations aimed at simplifying foreign trade transactions, particularly benefitting small exporters & importers.

On Monday, the RBI announced that 97.87% of the ₹2000 banknotes that were in circulation as of 19 May 2023, have been returned.

The RBI announced its participation in Project Nexus with four ASEAN countries to establish a platform for cross-border retail payments.

RBI Governor Shaktikanta Das confident in India's continued robust economic growth through current fiscal quarter.

The RBI has rejected the reappointment of Rajkumar Bansal as Managing Director and CEO, dealing a blow to Edelweiss Asset Reconstruction Co's leadership.

The RBI is expected to maintain its current interest rates in its monetary policy review, balancing economic growth and inflation concerns.