Biju Janata Dal (BJD) President Naveen Patnaik on Tuesday congratulated Shirish Chandra Murmu for his appointment as Deputy Governor of the Reserve Bank of India.
The Reserve Bank of India (RBI) has issued new directions to banks, effective from October 1, 2025, covering interest rate on advances, lending against gold and silver collateral, and capital regulations.
The Reserve Bank of India (RBI) is expected to maintain the policy rate unchanged in the current Monetary Policy Committee (MPC) meeting, with a rate cut of 25 basis points (bps) being seen as a positive surprise, according to Bank of Baroda Economist Sonal Badhan.
The Appointments Committee of the Cabinet (ACC) has approved the appointment of Shirish Chandra Murmu as the Deputy Governor of the Reserve Bank of India (RBI). He is currently serving as the Executive Director at the apex bank.
The Reserve Bank of India's Monetary Policy Committee is expected to reduce the policy rates by 25 basis points in its policy announcement on Wednesday, according to a report by Union Bank of India.
As digital payments become an integral part of everyday life in India, the Reserve Bank of India (RBI) has taken a significant step to enhance the security of these transactions.
The Delhi High Court on Wednesday passed a Judgement and underscored the need for inclusive financial systems, observing that persons with visual impairments continue to face serious barriers in using currency and banking services.
States mobilised Rs 25,000 crore through the auction of State Government Securities (SGS) held on September 23, with cut-off yields largely in the range of 7.26-7.45 per cent, according to the Reserve Bank of India (RBI).
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) may announce a 25 basis points (bps) cut in its September policy meeting as it is the best possible option at this stage, according to a report by State Bank of India (SBI).
India's foreign exchange reserves rose by USD 4.698 billion in the week that ended September 12 to USD 702.966 billion, marking the third consecutive weekly increase, the Reserve Bank of India (RBI) said in its latest 'Weekly Statistical Supplement.'