Tag: reserve bank

jayanth varma: India's economic growth appears to be very fragile, says RBI monetary policy committee member Jayanth Varma
Posted in Economy

jayanth varma: India’s economic growth appears to be very fragile, says RBI monetary policy committee member Jayanth Varma

India‘s economic growth appears to be ‘very fragile’ and it may fall short of what the country needs to meet the aspirations of its growing…

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RBI Price Stability: RBI wants durable price stability, but external members see risks of overtightening of rates
Posted in Economy

RBI Price Stability: RBI wants durable price stability, but external members see risks of overtightening of rates

The arguments to slow down monetary tightening got louder among the external members of the Monetary Policy Committee with Jayanth Varma warning of repeating the…

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Ind-Ra expects India's growth to be below 6%, long pause on repo rate
Posted in Economy

Ind-Ra expects India’s growth to be below 6%, long pause on repo rate

IndiaRatings Tuesday projected a dip in FY24 growth to 5.9%, lower than Reserve Bank‘s 6.4%. “The pent-up demand which had provided thrust to the growth…

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Bank mergers helped improve efficiency: RBI Researchers
Posted in Economy

Bank mergers helped improve efficiency: RBI Researchers

Bank mergers have benefitted both the banks which have been acquired as well as the acquiring bank, finds a research by RBI researchers. While it…

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india: India's economy to grow at 6% in 2023-24: Former Niti Aayog Vice Chairman Rajiv Kumar
Posted in Economy

india: India’s economy to grow at 6% in 2023-24: Former Niti Aayog Vice Chairman Rajiv Kumar

New Delhi: India is likely to clock 6 per cent growth rate next fiscal and the country can persevere with a high growth rate because…

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RBI Interest Rate Risk: RBI issues final guidelines on interest rate risk in banking book
Posted in Economy

RBI Interest Rate Risk: RBI issues final guidelines on interest rate risk in banking book

The Reserve Bank on Friday issued final guidelines on Interest Rate Risk in Banking Book which require banks to measure, monitor, and disclose their exposure…

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Domestic demand drivers intact, slowdown fears unfounded: Analysts
Posted in Economy

Domestic demand drivers intact, slowdown fears unfounded: Analysts

A Wall Street brokerage has downplayed the slowdown fears arising after the poor December quarter data prints, saying the moderate numbers are due to the…

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RBI Global Hackathon: RBI announces 2nd global hackathon
Posted in Economy

RBI Global Hackathon: RBI announces 2nd global hackathon

The Reserve Bank on Tuesday announced its second global hackathon — ‘HARBINGER 2023 – Innovation for Transformation’ with the theme ‘Inclusive Digital Services‘. Fintechs have…

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coin vending machine: Feeding of fake notes in coin vending machines led to launch UPI-based alternative: RBI
Posted in Economy

coin vending machine: Feeding of fake notes in coin vending machines led to launch UPI-based alternative: RBI

Mumbai: Getting fake currency notes in coin vending machines led the Reserve Bank to announce the unified payment system-based alternative, Deputy Governor T Rabi Sankar…

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rbi regulatory guidelines: RBI announces regulatory guidelines on climate risk and sustainable finance
Posted in Economy

rbi regulatory guidelines: RBI announces regulatory guidelines on climate risk and sustainable finance

Reserve Bank of India governor Shaktikanta Das on Wednesday announced regulatory initiatives on climate risk and sustainable finance while announcing key policy decisions by Monetary…

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