The policy wonks on Mint Street have finally turned hawkish. The six-member monetary policy committee of the Reserve Bank of India has signalled a clear shift towards a higher interest rate regime in ...
After three years of attempting to push growth, the Reserve Bank is shifting its policy priorities to tackle the rising inflationary pressures, Governor Shaktikanta Das said on Friday.
He also made i...
In a bid to check fraud, the Reserve Bank on Friday decided to permit all banks to introduce card-less cash withdrawals through ATMs.
Currently, cardless cash withdrawal through ATMs is a per...
Seeking to facilitate a higher credit flow of individual housing loans, the RBI on Friday extended the rationalised home loan norms by another year till March 31, 2023.
In October 2020, the Reserve B...
The Reserve Bank of India on Friday kept the benchmark interest rate unchanged at 4 per cent and going forward decided to withdraw its accommodative stance to ensure that inflation remains within the ...
Reserve Bank of India (RBI) governor Shaktikanta Das on Monday ruled out the possibility of the economy getting mired in stagflation — an eerie mixture of high inflation, unemployment and low gr...
Grim reality
Sir — There is nothing real about reality shows. Participants of several such shows, both in India and abroad, have revealed that the audience claps on cue and that much of what ha...
New signboards are often visible, advertising the names of small finance banks. Promoters with 10-year experience in banking and finance of pre-existing, non-banking finance companies, micro-finance i...
It has been five days past the results of the assembly elections. Yet, petrol and diesel prices remain unrevised so far. An increase on March 7 was universally anticipated but that did not happen. The...
The country's second-largest bank Punjab National Bank (PNB) said it was awaiting advisory from the Finance Ministry and the Reserve Bank with regard to SWIFT-related transactions with Russian ent...