The RBI typically conducts six bimonthly meetings in a financial year, where it deliberates interest rates, money supply, inflation outlook, and various macroeconomic indicators. The other five meetings are scheduled for June 4-6, August 5-7, September 29-October 1, December 3-5, and Febr
Poonam Gupta, currently the Director General of the National Council of Applied Economic Research (NCAER), has been appointed Deputy Governor of the Reserve Bank of India for three years or until orders.
President Droupadi Murmu landed in Mumbai on Monday evening. She will grace the closing ceremony of the Reserve Bank of India's (RBI) 90th-year commemoration event on Tuesday.
The Reserve Bank of India (RBI) is set to announce its monetary policy decision in the second week of April. Economists believe that a rate cut is necessary to support economic growth, with some advocating for a 50-basis-point (bps) reduction, while others expect a more cautious approach.
In February, the RBI unanimously lowered the repo rate by 25 basis points from 6.5 per cent to 6.25 per cent, in what was the first rate cut in about 5 years since Covid.
India's foreign exchange reserves rose USD 4.529 billion to USD 658.800 billion in the week that ended on March 21, extending gains for the third straight week, official data released by RBI showed.
The forum, hosted in Mumbai by the Reserve Bank of India (RBI) and the Ministry of Finance, invites a wide range of stakeholders to express their views.
Reserve Bank of India (RBI) Governor Sanjay Malhotra raised concerns on Wednesday over threats from money laundering and terror financing to the national and global financial systems, which are continuously evolving and becoming more sophisticated.