Tag: Reserve Bank of India (RBI)
High policy rate not impinging on growth, economic activity well sustained: RBI Guv Das
Reserve Bank Governor Shaktikanta Das on Wednesday said that elevated interest rate is not impacting growth and economic activities are well sustained. “At the moment,…
RBI Governor Shaktikanta Das’ 5-point agenda for India’s financial future at GFF 2024
At the Global Fintech Festival (GFF) 2024 in Mumbai, Reserve Bank of India (RBI) Governor Shaktikanta Das delivered a compelling address highlighting India’s transformation into…
MPC should pay more heed to core inflation, says Ashima Goyal
The Monetary Policy Committee needs to give more importance to core inflation as this component of the consumer price gauge has the largest impact on…
rbi bulletin: Budget strikes right balance between fiscal prudence, stability; will boost growth: RBI Paper
The Union Budget strikes the “right balance” between fiscal prudence and macro stability, and strengthens the medium-term growth outlook, a paper by Reserve Bank of…
food inflation: Monetary policy must be disinflationary to quell food price pressures: RBI bulletin
The Reserve Bank of India (RBI) may need to continue with disinflationary monetary policy and it has to remain cautious as the pressure stemming from…
UPI: Govt taking initiatives to expand UPI’s global reach: Pankaj Chaudhary
Minister of State for Finance Pankaj Chaudhary on Tuesday said the government and RBI have been taking various initiatives for expanding the global reach of…
india digital payments: Digital payments rise 12.6% at March-end 2024: RBI data
Digital payments across the country registered a 12.6 per cent on-year rise as on March 31, 2024, according to RBI‘s index that measures the adoption…
‘Acche din’ to continue for FD investors as high fixed deposit interest rates will not drop soon: All eyes on RBI MPC on June 7
“Acche din” will continue for fixed deposit (FD) investors as they are likely to keep getting higher interest. This is because the Reserve Bank of…
RBI: Have a regulator that innovates much faster than most fintechs: Cred’s Kunal Shah
As the domestic regulatory environment gets heated, Cred cofounder Kunal Shah said that India continues to have a regulator which is innovating much faster than…
About 80% choose to deposit ₹2000 notes instead of exchanging: Report
About three-fourths of Indians are choosing to deposit the recently withdrawn 2000-rupee notes into bank accounts so far rather than exchanging them for smaller denominations,…