Mumbai (Maharashtra) [India], Apr 30 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday held a virtual meeting with managing directors and CEOs of small finance banks to gauge potential stress on their balance sheets in the backdrop of rising Covid-19 cases and consequent
Pune (Maharashtra) [India], April 9 (ANI/NewsVoir): The Monetary Policy Committee, constituted by the Reserve Bank of India and led by Shaktikanta Das, RBI Governor, decided to keep repo rates unchanged at 4 per cent on April 7, 2021. This is the fifth consecutive time the RBI kept lending r
Mumbai (Maharashtra) [India], April 7 (ANI): The Reserve Bank of India (RBI) on Wednesday enhanced the maximum end-of-day balance limit for payment banks from Rs 1 lakh per individual to Rs 2 lakh with immediate effect.
Mumbai (Maharashtra) [India], April 7 (ANI): The Reserve Bank of India (RBI) on Wednesday kept key interest rates on hold and maintained an accommodative policy stance to nurture a fragile economic recovery amid a sharp new wave of Covid-19 cases.
New Delhi [India], April 6 (ANI): The Ministry of Finance said that India's approach is focused on strengthening intra-BRICS cooperation based on Continuity, Consolidation, and Consensus as India on Tuesday hosted the first meeting of BRICS Finance Ministers and Central Bank Governors virtua
New Delhi [India], March 25 (ANI): India is on way to becoming Asia's top financial technology (fintech) hub with 87 per cent adoption rate as against the global average of 64 per cent, RBI Governor Shaktikanta Das said on Thursday.
Mumbai (Maharashtra) [India], February 25 (ANI): The manufacturing sector and micro, small and medium enterprises (MSME) are spearheading economic growth in the country after the outbreak of Covid-19 while many contact-intensive services sub-sectors remain severely affected by the crisis,
New Delhi [India], February 25 (ANI): The Micro, Small and Medium Enterprises (MSME) sector has emerged as the growth engine of the economy and is showing signs of revival after the Covid-led degrowth in early part of the current financial year (2020-21), Reserve Bank of India (RBI) Gover
Mumbai (Maharashtra) [India], February 8 (ANI): The Reserve Bank of India (RBI) said on Monday it plans to buy bonds worth Rs 20,000 crore through open market operations (OMOs) to support the government's borrowing programme.
Mumbai (Maharashtra) [India], February 5 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das said on Friday that the central bank is awaiting a formal proposal on the proposed bad bank.
Mumbai (Maharashtra) [India], February 5 (ANI): The Reserve Bank of India (RBI) on Friday kept the repo rate and reverse repo rate unchanged at 4 per cent and 3.35 per cent respectively while continuing the accommodative stance.
Mumbai (Maharashtra) [India], February 5 (ANI): The Reserve Bank of India's (RBI) Monetary Policy Committee has voted unanimously to keep the policy repo rate unchanged at 4 per cent, said RBI Governor Shaktikanta Das on Friday.