RBI

Mumbai:  RBI has extended dates for the classification of bank credit to focused NBFCs as priority sector lending till March 31, 2022. The provision ended on September 30 and a need was felt for extending the facility with a view to…

New Delhi:  The Reserve Bank of India (RBI) has appointed Ajay Kumar as Executive Director (ED). An RBI statement on Thursday said that the appointment came into effect from August 20. Prior to being promoted as ED, Kumar was heading…

New Delhi:  RBI Governor Shaktikanta Das has said that the resurgence of inflation in May and June reignited the debate on monetary policy response. The minutes of the last meeting of the Monetary Policy Committee (MPC) showed that Das…

New Delhi:  The Reserve Bank had retained the FY22 projection for real GDP growth at 9.5 per cent on the back of receding impact of Covid second wave as well as rising vaccinations. Accordingly, RBI Governor Shaktikanta Das, pointed out…

Mumbai:  Terming short term supply side shocks as the main drivers of inflation, RBI Governor cautioned against departure of growth oriented stance. Accordingly, RBI Governor ShaktiKanta Das, said that any departure from the present…

New Delhi: The Reserve Bank of India (RBI) has raised the retail inflation projection for the ongoing financial year to 5.7 per cent from the previous estimate of 5.1 per cent. In a virtual address post the monetary policy meet, RBI…

New Delhi: The Reserve Bank of India (RBI) today kept repo rate, as well as the reverse repo rate unchanged while maintaining an 'accommodative stance'. According to RBI governor Shaktikanta Das the decision was taken unanimously and the…

ମୁମ୍ବାଇ – ବଜେଟ୍ ୨୦୨୧-୨୨ ପରେ ଭାରତୀୟ ରିଜର୍ଭ ବ୍ୟାଙ୍କ୍ (ଆର୍‌ବିଆଇ) ଶୁକ୍ରବାର ପ୍ରଥମ ଥର ମୁଦ୍ରାନୀତି ଘୋଷଣା କରିଛି । ଆର୍‌ବିଆଇ ସୁଧହାର ଅପରିବର୍ତ୍ତିତ ରଖିଛି । ରେପୋ ରେଟ୍ ପୂର୍ବଭଳି ୪ ପ୍ରତିଶତ ରହିଛି । ଆର୍‌ବିଆଇ ମୁଦ୍ରାନୀତି ସମୀକ୍ଷା କମିଟି (ଏମ୍‌ପିସି)ର ବୈଠକ ପରେ…

Mumbai: The RTGS for high-value transactions is now available round-the-clock on all days from 00:30 hours today (December 14). This has been informed by RBI Governor Shaktikanta Das. “RTGS facility becomes operational 24X7 from 12.30…

Mumbai: Lakshmi Vilas Bank has been put under moratorium effective 6 pm, November 17 until December 16, a RBI release said. The moratorium has been imposed on the basis of application submitted by RBI under Sec 45 of BR Act. RBI also…