Sanjay Malhotra Appointed As RBI Governor; Replaces Shaktikanta Das
The government has appointed Revenue Secretary Sanjay Malhotra as the next Reserve Bank of India (RBI) Governor for three years.
RBI Maintains Repo Rate at 6.5%; Projects Economic Growth For FY25
The RBI has opted to keep the repo rate steady at 6.5% for the 11th straight time, reinforcing its neutral monetary policy stance.
RBI Maintains Neutral Stance, No Sign Of Rate Cuts: Shaktikanta Das
RBI Governor Shaktikanta Das clarified that the shift to a neutral monetary policy stance does not indicate an imminent interest rate cut.
Indian Economy On Firm Footing With Declining Inflation Trends: Shaktikanta Das
The RBI expressed confidence in the country’s economic stability, with Shaktikanta Das stressing a proactive approach to global challenges.
Amit Shah Highlights Political Stability As Key To India’s Economic Growth
Amit Shah emphasized political stability and policy continuity in driving economic reforms and fostering development toward goal of 'Viksit Bharat'.
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 Proposes More Frequent Credit Reporting To Improve Transparency
RBI is considering a proposal to increase the frequency of credit information reporting to CICs to every two weeks or even shorter intervals.
RBI Governor Asks Banks To Use AI To Avoid Risk Of Fraud
Highlighting the importance of advanced technologies such as artificial intelligence, machine learning, RBI Governor Shaktikanta Das urges banks and NBFCs to incorporate latest technologies to avoid the risk of financial fraud.
RBI Governor Shaktikanta Das Foresees Continued Strong Economic Growth In FY 2024-25
RBI Governor Shaktikanta Das confident in India's continued robust economic growth through current fiscal quarter.
Repo Rate Remains Unchanged For The Seventh Consecutive Time Followed By Monetary Policy Meeting
RBI Governor remarked that the future appears promising for agriculture and rural activities. He emphasized that the strengthening of rural demand and improvements in employment conditions are anticipated to stimulate private consumption.
