The Governor was speaking at a joint conference of the central bank and the Finance Ministry held after the address of Finance Minister Nirmala Sitharaman to the Central Board of Directors of RBI in the customary post-Budget meeting on Saturday.
Fake Reserve Bank of India documents worth Rs. 88 thousand crores were seized at the Indira Gandhi International Airport on Friday, and three passengers traveling to Chennai were apprehended by the CISF.
The Reserve Bank of India has updated and included names of entities or platforms or websites which appear to be promoting unauthorised entities or electronic trading platforms for forex trade
New Delhi [India], February 10 (ANI/NewsVoir): The Reserve Bank of India (RBI) recently raised its repo rate by 25 basis points, taking the total interest rate to 6.5 per cent. While this is only a nominal increase and is not expected to impact the real estate sector, both residential and co
Mumbai (Maharashtra) [India], February 9 (ANI/PRNewswire): LexisNexis® Risk Solutions announced today the launch of its first data center in India, providing advanced data protection by keeping information locally. It is the first step in expanding the company's data center footprint in
In the just concluded three-day monetary policy committee meeting, the RBI decided to raise the repo rate, the rate at which the RBI lends money to all commercial banks, by 25 basis points to 6.5 per cent.
While addressing the queries of the media during a press conference after the announcement of the Monetary Policy's outcome, he said RBI has taken a number of steps to strengthen the resilience of Indian banks and it has set guidelines on risk management committees and made it mandatory to a
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."
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.