RBI cautions on inflation: ‘Need to keep inflation horse on a tight leash, it may bolt again…’
Posted in Economy

RBI cautions on inflation: ‘Need to keep inflation horse on a tight leash, it may bolt again…’

The RBI kept its inflation forecast for FY25 unchanged at 4.5%, amid food price concerns. Oil prices rose above $80 for the first time since…

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RBI says inflation, growth to ease in fiscal 2026
Posted in Economy

RBI says inflation, growth to ease in fiscal 2026

Reserve Bank of India (RBI) forecasts consumer price inflation (CPI) to reduce to 4.1% in the next fiscal year ending March 2026 from an average…

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Durga Puja bank holidays 2024: Banks closed on these days in West Bengal for Dusshera
Posted in Finance

Durga Puja bank holidays 2024: Banks closed on these days in West Bengal for Dusshera

In West Bengal, Durga Puja holds a significance beyond religious observance. It is intricately intertwined with the region’s identity and culture. The festival represents the…

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Why did the RBI shift to neutral? The predictions for the future
Posted in Economy

Why did the RBI shift to neutral? The predictions for the future

The Reserve Bank of India-led Monetary Policy Committee (MPC) on Wednesday retained repo rate, the key lending rate, at 6.5%. The decision wasn’t unanimous as…

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Repo Rate: One Last Time: Is RBI MPC setting the stage for rate cuts soon?
Posted in Economy

Repo Rate: One Last Time: Is RBI MPC setting the stage for rate cuts soon?

The Reserve Bank of India-led Monetary Policy Committee (MPC) shifted its stance to neutral after a long period of withdrawal of accommodation stance while maintaining…

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RBI to create Climate Risk Information Repository for lenders
Posted in Economy

RBI to create Climate Risk Information Repository for lenders

The Reserve Bank of India (RBI) on Wednesday called for setting up of a data repository to monitor climate related risks. The repository named Reserve…

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RBI Governor has a message for NBFCs pursuing 'growth-at-any-cost': Will take action if... - The Economic Times Video
Posted in Economy

RBI Governor has a message for NBFCs pursuing ‘growth-at-any-cost’: Will take action if… – The Economic Times Video

While making the Monetary Policy Committee (MPC) announcements, RBI Governor Shaktikanta Das pointed out that while the overall NBFC sector remains healthy, there are a…

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RBI MPC Policy Rate decision nagesh kumar rate cut reserve bank of india Surprise Dissent! Who's the new rebel in RBI's monetary policy team?
Posted in Economy

RBI MPC Policy Rate decision nagesh kumar rate cut reserve bank of india Surprise Dissent! Who’s the new rebel in RBI’s monetary policy team?

The Reserve Bank of India had on Oct 1 appointed Ram Singh, Saugata Bhattacharya and Nagesh Kumar as the new external members to the Reserve…

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Posted in Economy

RBI keeps repo rate unchanged, shifts to neutral policy stance

The Reserve Bank of India (RBI) Wednesday kept interest rates unchanged for the 10th straight review meeting, but switched its monetary policy stance to ‘neutral’…

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The Reserve Bank of India has increased UPI lite transaction limit to <span class=
Posted in Business

UPI Lite per transaction limit hiked to ₹1,000; UPI Lite wallet limit raised to ₹5,000

₹1,000; UPI Lite wallet limit raised to ₹5,000&section=Business&subSection=&impression=true” width=”100%” height=”0px” style=”display:block” frameborder=”0″ scrolling=”no”> Oct 09, 2024 11:22 AM IST RBI raises UPI lite transaction limit…

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