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RBI keeps repo rates unchanged at 6.5 pc after first Monetary Policy meeti
Updated : 2 years, 3 months ago IST
This is the seventh consecutive meeting that the MPC has maintained a status quo on the repo rate. The repo rate, is the interest rate at which banks draw funds from RBI to overcome short-term liquidity mismatches.
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RBI Monetary Policy Meeting: Central Bank likely to keep rates steady
Updated : 2 years, 3 months ago IST
The first Monetary Policy Committee (MPC) meeting of financial year 2025 will be held on Friday, and the Reserve Bank of India is unlikely to cut rates.
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MPC Meet: RBI is unlikely to cut rates, likely to maintain status quo
Updated : 2 years, 3 months ago IST
Experts believe the central bank is very likely to maintain the status quo on interest rates along with caution on inflation and the geo-political outlook
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Celebrating 34 Years of Empowering Entrepreneurs: SIDBI Marks Another Mile
Updated : 2 years, 3 months ago IST
Mumbai (Maharashtra) [India], April 3: Small Industries Development Bank of India (SIDBI) proudly commemorates 34 years of fostering entrepreneurship, innovation, and economic growth in India. Since its inception in 1990, SIDBI has been instrumental in transforming the landscape of MSME f
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Unlocking Hidden Value: The Rise of South-Facing Plots in Tamil Nadu's Rea
Updated : 2 years, 3 months ago IST
Chennai (Tamil Nadu) [India], April 2: The cardinal directions of the compass - North, East, West, and South - hold significance beyond mere geographical orientation; they form an integral aspect of the ancient architectural science known as Vastu Shastra. People often consult these directio
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SBI forecasts 15 percent growth in deposits for FY25; expects RBI rate cut
Updated : 2 years, 3 months ago IST
This outlook comes amidst a backdrop of sustained momentum in credit growth, particularly across agriculture, MSME, and services sectors, as revealed by the latest credit growth numbers.
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With AI and blockchain, RBI should study a new banking structure to fund f
Updated : 2 years, 3 months ago IST
Speaking at the 90th-anniversary celebration of the Reserve Bank of India (RBI), Prime Minister Narendra Modi on Monday asked the central bank to assess a newer banking structure to fund future needs.
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PM Modi praises RBI's 90-year milestone, charts course for India's economi
Updated : 2 years, 3 months ago IST
According to a PM office press release, Prime Minister Modi unveiled a commemorative coin and applauded the pivotal role of the RBI in shaping India's economic landscape.
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"RBI's evolution closely intertwined with development of Indian economy",
Updated : 2 years, 3 months ago IST
Governor Das remarked, "The journey of reserve bank over the 9 decades has been one of efficient functioning and contribution to the nations' progress."
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Monetary tightening measures by RBI stabilised G-sec yields, contributed t
Updated : 2 years, 3 months ago IST
Sitharaman stated, "RBI, the central bank of India had a remarkable chequered history. Once in a century, pandemic the Covid hit us. The RBI Adopted and infact deployed conventional and unconventional range of instruments to provide liquidity and to promote growth and to ensure financial
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"Transformation occurred due to honesty, consistency in our efforts": PM M
Updated : 2 years, 3 months ago IST
"The transformation occurred because there was honesty and consistency in our efforts. This change has come because our policies, intentions and decisions were clear. When the intentions are clear, then the policies are right. When policies are right, then the decisions are right. And whe
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PM Modi to address ceremony marking 90 years of RBI in Mumbai today
Updated : 2 years, 3 months ago IST
The event will also be attended by Union Finance Minister Nirmala Sitharaman and RBI Governor Shaktikanta Das.
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