With Revenue Secretary Sanjay Malhotra set to take charge as Reserve Bank of India Governor, the government has given the additional charge of the post to Economic Affairs Secretary Ajay Seth.
Restoring the inflation under the RBI target is the most important task ahead of the new RBI governor stated Shaktikanta Das, the outgoing Governor of the Reserve Bank of India (RBI), during his final address on Tuesday before stepping down from office.
Reserve Bank of India (RBI) Governor Shaktikanta Das in a heartfelt social media post expressed his gratitude to the government, stakeholders, and his colleagues for their support and contributions during his time in office.
Sanjay Malhotra, currently serving as the revenue secretary at the Ministry of Finance, has been appointed as the new Governor of Reserve Bank of India.
M Rajeshwar Rao, Deputy Governor, Reserve Bank of India (RBI) on Sunday highlighted the transformative journey of the Insolvency and Bankruptcy Code (IBC) since 2016, emphasising its critical role in improving bank asset quality and facilitating substantial pre-admission settlements of un
In latest move towards effective communication, Reserve Bank of India has decided to launch podcasts for wider dissemination of information that is of interest to the public.
India's Consumer Price Index (CPI) inflation is expected to ease to 5.4 per cent in November 2024, down from 6.2 per cent in October, according to a report by Union Bank of India.
The Reserve Bank of India's (RBI) decision to cut the Cash Reserve Ratio (CRR) is expected to provide marginal support to the Net Interest Margins (NIMs) of banks, according to a report by Axis Securities.
The Warangal Police arrested three people in connection with the Rayaparthy State Bank of India (SBI) theft case and 2.5 kilograms of gold ornaments were seized, officials said on Friday.
The Reserve Bank of India (RBI) decided to keep the repo rate unchanged at 6.5 per cent for the 11th consecutive time, marking a continuation of its neutral monetary policy stance. The RBI downwardly revised GDP forecast for 2024-25 to 6.6 per cent from 7.2 per cent earlier.
The Reserve Bank of India (RBI) kept its key interest rates unchanged on Friday but cut the cash reserve ratio by 50 basis points to bring enough liquidity in the banking system.