Global consumer price inflation remains high, although it is likely to have peaked across many advanced economies; including in the United Kingdom, says the bank in a statement...

The senior citizen savings scheme will give 8 per cent interest against 7.6 per cent currently...

RBI will come out with its next bi-monthly policy review on December 7 at the end of three-day meeting of Monetary Policy Committee beginning Monday...

Indian economy grew 8.5 per cent in 2021 calender year, according to the data...

Lenders have seen a rise because of an increase in interest rates on loans but there has been a lag in rates being raised on deposits...

'Committee will take into account cumulative tightening of monetary policy, the lags with which monetary policy affects economic activity and inflation, and economic and financial developments'...

Economists say they are expecting a higher increase in rates as G-sec rates have hardened...

Reserve Bank of India has tailed advanced economy central banks while raising rates two years since Covid-19 first broke...

The Narendra Modi govt's claim that the rising burden of inflation in India can be attributed to a number of external factors is contradicted by the RBI...

The country’s largest bank is not alone as lenders such as Kotak Mahindra Bank, ICICI Bank, PNB and Bandhan Bank have increased FD rates in certain tenors...