Tag: rbi news
RBI governor Shaktikanta Das’s term likely to be extended further: Report
The central government is likely to extend the term of RBI governor Shaktikanta Das, news agency Reuters reported, quoting sources aware of the development. If…
MPC meeting: To hike or not to hike? RBI watchers on guard for shift
India central bank watchers have plenty of reasons to tune into Governor Shaktikanta Das’s policy decision on Thursday even though most expect he’ll keep interest…
RBI lays down regulatory principles for credit risk models
The Reserve Bank of India said on Monday that the entities it regulates will have to abide by certain broad principles when employing various credit…
Soon make offline, AI-powered transactions: RBI announcement for UPI users
Reserve Bank governor Shaktikanta Das during the monetary policy committee (MPC) presser made some big announcements. Besides keeping the lending rate steady at 6.50 per…
el nino: Will strive to get CPI down to 4 pc; El Nino a challenge for food inflation: Das
Governor Shaktikanta Das has said the Reserve Bank will strive to get headline inflation to its 4 per cent target but flagged El Nino as…
RBI News: RBI asks banks to keep branches open till March 31 for annual closing
The Reserve Bank of India (RBI) on Tuesday directed banks to keep their branches open till working hours of March 31, 2023, a press release…
Amid Adani-Hindenburg controversy, RBI chief says Indian banking system is…
The Indian banking sector, including NBFCs (non-banking financial corporations), ‘continues to be resilient… strong’, Reserve Bank of India governor Shaktikanta Das said Wednesday, in an…
rbi penal charges: RBI to cap penal charges on loans payment missed by borrowers
The Reserve Bank of India (RBI) is set to cap the penal charges levied by the banks and non-banks related to loans payment missed by…
QR-based coin vending machine coming up in 12 cities: RBI | Details here
In his monetary policy address, Reserve Bank of India (RBI) governor Shaktikanta Das on Wednesday announced a pilot project wherein a QR code-based coin vending…