The Reserve Bank's 'Payments Vision 2025' document, which seeks a three-fold jump in the number of digital payments, is progressive and aims to establish India as a powerhouse of payments ...
Reserve Bank of India (RBI) governor Shaktikanta Das has debunked criticism emanating from certain quarters that the central bank has fallen behind the curve in its fight against retail inflation whic...
Governor Shaktikanta Das on Friday refuted criticism of the RBI being behind the curve in its policies, making it clear that the consequences of focusing on the 4 per cent inflation target would have ...
The country's largest lender SBI has raised its deposit and lending rates following the Reserve Bank's repo rate hike last week.
SBI said interest rates have been raised by 0.20 per c...
Retail inflation eased to 7.04 per cent in May, mainly on account of softening food and fuel prices as the government as well as the RBI stepped in to control spiralling price rise by way of duty cuts...
The rupee depreciated by 8 paise to close at 77.76 (provisional) against the US dollar on Thursday, weighed down by elevated crude oil prices and persistent foreign capital outflows.
At the i...
Housing demand is likely to be affected in short-term as home loans are set to become costlier following the RBI's decision to hike repo rate by 50 basis points, according to real estate developer...
The Reserve Bank of India hiked its leading interest rate by an aggressive 50 basis points as it stepped up its battle against inflation and economists say more increases are in the offing.
It was th...
New Delhi: Reserve Bank of India Governor Shaktikanta Das on Wednesday said the central bank will ensure the availability of adequate liquidity to meet the productive requirements of the economy.
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With inflation showing no signs of abatement, the Reserve Bank is likely to increase the benchmark lending rate in quick succession in its forthcoming monetary policy review on Wednesday, a hint for w...