The RBI has cut the repo rate by a cumulative 115 basis points this year on top of a 135-basis-point-reduction last year. Das said the MPC chose to hit the pause button to allow commercial banks to pl...

The Reserve Bank of India is likely to leave repo rate unchanged in the upcoming policy review meeting and the Monetary Policy Committee may look for "unconventional policy measures" to ensu...

RBI governor Shaktikanta Das on Monday said the central bank was ahead of the curve in expecting a slowdown which had prompted it to cut rates multiple times from as early as February even as he said ...

The Reserve Bank of India’s policymakers shocked economists, industry and the Street by deciding to hit the pause button on interest rate cuts after five downward revisions this year.The six-member ...

The Reserve Bank of India has decided to align its financial year with the government’s April-March financial year from 2020-21 and the central bank is “internally reviewing” its monetary policy...

At least four members of the RBI’s monetary policy committee (MPC) feared the economy would shrink in the current fiscal as they voted to cut the policy repo rate at their meeting held last month, a...

Amid lockdowns and global slowdown adversely impacting the economic activity, the RBI on Thursday expressed hope that recent monetary and fiscal measures will mitigate the impact of Covid-19 on domest...

Reserve Bank of India (RBI) governor Shaktikanta Das on Monday said he was “surprised” by the 5 per cent growth in GDP in the first quarter, which looked worse than expected.India’s GDP growth o...

Analysts expect the RBI to go for an out-of-turn rate cut — earlier than the scheduled meeting of its monetary policy committee next month — to prop up the economy, hit by the coronavirus, with fa...

RBI governor Shaktikanta Das headed six-member rate setting panel started its three-day brainstorming meeting on Tuesday in the backdrop of the budget projecting a widening of fiscal deficit amid a sl...