Industry experts have widely welcomed the Reserve Bank of India's (RBI) recent decision to hold the repo rate at 5.5 per cent, calling it a measured and prudent approach in the current economic environment.
The Reserve Bank of India (RBI) on Wednesday revised its inflation target for the current financial year to 2.6 per cent, marking a significant moderation from earlier projections.
In a unanimous decision the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) kept the policy repo rate unchanged at 5.5 per cent in its policy announcement on Wednesday, RBI Governor Sanjay Malhotra said.
India's external debt stood at USD 747.2 billion at the end of June 2025, marking an increase of USD 11.2 billion over the level recorded at end-March 2025, according to data released by the Reserve Bank of India (RBI) on Tuesday.
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.
Born on September 26, 1932, Manmohan Singh was an eminent economist and served as the Reserve Bank of India Governor from 1982 to 1985. He was India's 13th Prime Minister, holding office from 2004 to 2014. Between 1991 and 1996, Singh served as India's Finance Minister, during which he pl