The Reserve Bank of India (RBI) is expected to maintain the repo rate at 5.50 per cent in its upcoming monetary policy announcement on Friday, according to a report by Bank of Baroda.
The Reserve Bank of India (RBI) may keep the repo rate unchanged at its upcoming December monetary policy review meeting, given that the country's economy reported strong 8.2 per cent GDP growth in the July-September quarter.
Reserve Bank of India (RBI) Deputy Governor Swaminathan J said that microfinance, when delivered responsibly, can become a driver of broad-based economic progress and play a pivotal role in advancing India's journey towards Viksit Bharat 2047.
Financial regulation carries far greater complexity and consequence than regulatory frameworks in most other sectors as it not only protects individual customers but also safeguards systemic stability, stated Reserve Bank of India (RBI) Governor Sanjay Malhotra.
The Reserve Bank of India (RBI) should move away from its recent neutral policy stance and deliver an additional 50 basis points of rate cuts over the next 12 months, according to a report by Amundi, a French asset management company.
Mumbai (Maharashtra) [India], November 17: PayU, India's leading diversified fintech platform, has received integrated authorization from the Reserve Bank of India (RBI) to operate as a Payment Aggregator across online, offline (physical) and cross-border transactions, including both Inward
In a significant move aimed at cushioning Indian exporters from the impact of global trade disruptions, the Reserve Bank of India (RBI) on Friday introduced a series of regulatory relaxations and relief measures.
The Reserve Bank of India (RBI) on Tuesday announced the results of the yield and price-based auction of state government securities (SGSs), through which nine states and union territories raised a total of Rs 15,560 crore against a notified amount of Rs 16,560 crore.
The State Bank of India (SBI) has transformed from being in loss in 2018 to now becoming a USD 100 billion company due to the regulatory and structural reforms implemented over the past decade by Reserve Bank of India (RBI), stated Governor Sanjay Malhotra.
The net revenue shortfall arising from the recent Goods and Services Tax (GST) rationalisation, estimated at around 0.1 per cent of GDP for the current fiscal, is expected to be offset by the higher dividend transfer from the Reserve Bank of India (RBI), noted a report by CareEdge Ratings.
The Reserve Bank of India (RBI) may announce a rate cut of 25 to 50 basis points (bps) in the coming months as inflation continues to ease, supported by benign food prices and the impact of recent GST cuts, according to a report by Kotak Securities.
India's foreign exchange reserves declined by USD 6.925 billion in the week that ended October 24 to USD 695.355 billion, driven by a slump in both foreign currency assets and gold reserves, the Reserve Bank of India (RBI) latest 'Weekly Statistical Supplement' data showed.