RBI Keeps Repo Rate Unchanged In Third Straight Policy Meet
The RBI in its April meeting too had paused the repo rate. The repo rate is the rate of interest at which RBI lends to other banks.
Optimistic That Growth Will Be Close To Our Projection Of 6.5%: RBI Governor Shaktikanta Das
Das added that the government's capex has been very high for the past two years, and that the budget provisioning for this year is also very high, which will help growth a lot.
RBI Governor: Next Financial Crisis Will Come From Private Cryptocurrencies
RBI Governor, Shaktikanta Das, has predicted that the next financial crisis will happen due to private cryptocurrencies. Speaking at the Business Standard BFSI Insight Summit, Governor Das claimed that those private cryptocurrencies have no “underline” value and pose risks for macroeconomic and financial stability. “Cryptocurrency poses risks for macroeconomic and financial stability. Private cryptocurrencies owe their …
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RBI Set To Raise Rates: RBI Monetary Policy
Shaktikanta Das, the Governor of Reserve Bank of India, announced the bi-monthly monetary policy today