India's foreign exchange reserves see USD 3.7 billion dip

India's foreign exchange reserves dipped USD 3.7 billion to USD 701.18 billion as of October 4 after scaling...

Deposit growth will soon outweigh credit growth

"Interestingly the yearly gap between credit and deposit growth has narrowed down to 150 bps during the latest...

If rate cut happens in Feb, it will come with downward GDP

Reserve Bank of India's (RBI) decision to keep the repo rate unchanged and change the policy stance to neutral...

RBI increases UPI limit for keypad phones, UPI lite wallet limit

In a bid to boost digital transactions and financial inclusion in the country, the Reserve Bank of India (RBI) has...

RBI cautioned NBFCs for incentives and targets for loans

The Reserve Bank of India (RBI) Governor Shaktikanta Das has cautioned Non-Banking Financial Companies (NBFCs) that...

RBI MPC announcement today, unlikely change in rates

The Reserve Bank of India (RBI) is set to conclude the three-day Monetary Policy Committee (MPC) meeting today, with...

M Rajeshwar Rao re-appointed RBI Deputy Governor for another year

The central government has re-appointed M Rajeshwar Rao as Deputy Governor, Reserve Bank of India for one year with...

RBI will evaluate global commodity prices before deciding on rate

As the Reserve Bank of India's (RBI) ongoing meeting draws attention, experts widely believe that the central bank...

RBI's MPC meeting begins today, policy will be announced on Oct 9

The Reserve Bank of India (RBI) is set to begin its three-day monetary policy meeting today, which will run from...

RBI may shift monetary stance to 'Neutral'; rate cuts likely by D

The Reserve Bank of India (RBI) will shift its monetary stance to 'neutral' from current 'withdrawal of...

RBI appoints Aviral Jain as new Executive Director

As Executive Director, Jain will look after the Legal Department, Premises Department and Right to Information Act...

RBI's potential 50 bps ratecut will have 15-20 bps impact on bank

If the Reserve Bank of India goes for a potential 50 basis point (bp) cut in the repo rate, it is expected to...