Search For "rbi"
RBI refrains from giving any forward guidance: Governor Shaktikanta Das
Updated : 3 years, 1 month ago IST
The governor was responding to the media in a post-meeting news conference on a query on forward guidance on Wednesday.
Read More
Eight banks participated in digital currency project: RBI Deputy Governor
Updated : 3 years, 1 month ago IST
T Rabi Sankar said that there are currently over 50,000 retail central bank digital currency (CBDC) users in India.
Read More
Current account deficit for first half of 2022-23 at 3.3 pc of GDP: RBI Gu
Updated : 3 years, 1 month ago IST
RBI Governor Shaktikanta Das said, "The situation has shown improvement in Q3:2022-23 (third quarter or October-December) as imports moderated in the wake of lower commodity prices, resulting in narrowing of the merchandise trade deficit."
Read More
RBI restores market hours for government securities to pre-Covid timing
Updated : 3 years, 1 month ago IST
The central bank's governor said, "As part of our gradual move towards normalising liquidity and market operations, it has now been decided to restore market hours for the government securities (G-secs) market to the pre-pandemic timing of 9 am to 5 pm."
Read More
Foreign portfolio flows show signs of improvement: RBI Governor
Updated : 3 years, 1 month ago IST
The RBI governor said net foreign direct investment (FDI) flows remain strong at USD 22.3 billion during April-December 2022. It was USD 24.8 billion in the corresponding period last year, he added.
Read More
Here's what analysts and experts have to say about RBI's monetary policy
Updated : 3 years, 1 month ago IST
Since May last year, the RBI has increased the short-term lending rate by 250 basis points, including today's, to contain inflation.
Read More
RBI proposes UPI payments facility for inbound travellers
Updated : 3 years, 1 month ago IST
Reserve Bank of India said it has proposed to permit all inbound travellers to India to use UPI for their merchant payments while they are in the country.
Read More
RBI projects India's 2023-24 retail inflation at 5.3 per cent
Updated : 3 years, 1 month ago IST
The average inflation in Q1 2023-24 is expected at 5.0 per cent, Q2 at 5.4 per cent, Q3 at 5.4 per cent, and Q4 at 5.6 per cent, respectively.
Read More
RBI proposes to launch pilot project for QR code-based coin vending machin
Updated : 3 years, 1 month ago IST
These vending machines will dispense coins against debit to the customer's account using Unified Payments Interface (UPI) instead of physical tendering of banknotes.
Read More
RBI projects India's GDP growth at 6.4 per cent for 2023-24
Updated : 3 years, 1 month ago IST
The GDP projections for Q1, Q2, Q3, and Q4 2023-24 are estimated at 7.8 per cent, 6.2 per cent, 6.0 per cent, and 5.8 per cent, respectively, with risks, evenly balanced.
Read More
RBI MPC raises repo rate by 25 bps to 6.5 pc
Updated : 3 years, 1 month ago IST
Four out of six members of MPC have decided to go ahead with this hike in rate, RBI Governor Shaktikanta Das said on Wednesday.
Read More
Markets open with gains as investors expect RBI MPC meeting outcome
Updated : 3 years, 1 month ago IST
Key indices BSE Sensex went up 357 points to 60,643.78 while Nifty50 surged 115 points to 17,837.15.
Read More