RBI Governor Shaktikanta Das Stresses Need To Eliminate Algorithm Biases
The governor emphasised that the volume of digital data stored as well as the storage capacity are growing at an exponential pace, bringing forth new challenges along with new opportunities.
Jun 28, 2024, 17:58 PM IST
India's Forex Kitty Surges To New Lifetime High Of $655.8 Billion
India, with an expected 15.2 per cent share in world remittances in 2024, also continues to be the largest recipient of remittances globally.
Jun 14, 2024, 20:43 PM IST
RBI To Set Up Digital Payments Intelligence Platform To Combat Online Fraud
While promoting ease of doing business, the RBI remains committed to ensuring compliance with regulatory requirements and safeguarding the integrity of the financial system.
Jun 07, 2024, 13:37 PM IST
RBI Governor Shaktikanta Das To Announce Monetary Policy Amid Rising Inflation Concerns
RBI Monetary Policy June 2024: The central bank's position on the benchmark interest rate has drawn a lot of attention especially due to ongoing inflation, particularly in the food sector.
Jun 07, 2024, 09:51 AM IST
RBI Coming Up With New Steps To Expand UPI Outreach
The stakeholders shared their suggestions on strategies for scaling up of UPI infrastructure and expanding the products portfolio.
May 08, 2024, 19:04 PM IST
RBI To Soon Launch App To Enable Retail Investors To Participate In Govt Bonds
RBI Retail Direct Scheme, launched in November 2021, gives access to individual investors to maintain gilt accounts with the RBI and invest in government securities.
Apr 05, 2024, 12:21 PM IST
RBI To Launch New NRI Scheme For Sovereign Green Bonds In IFSC
RBI would launch a mobile app for accessing the Retail Direct portal to widen the reach of the RBI Retail Direct Scheme which was launched in November 2021.
Apr 05, 2024, 12:19 PM IST
RBI Projects GDP Growth At 7% For 2024-25, Retail Inflation Seen At 4.5%
Announcing the outcome of the RBI Monetary Policy, RBI Governor Shaktikanta Das said, "Growth has continued to sustain its momentum, surpassing all projections.
Apr 05, 2024, 11:41 AM IST
Good News For UPI Users: RBI To Let Users Deposit Cash Through UPI At ATMs
RBI Governor Shaktikanta Das said that this measure will further enhance customer convenience and make the currency handling process at banks more efficient.
Apr 05, 2024, 11:34 AM IST
RBI Maintains Status Quo For The 7th Time; Repo Rates Unchanged At 6.5%
A year is divided into six bimonthly reviews of the central bank's monetary policy. Additionally, there are out-of-cycle reviews, where the central bank holds extra sessions in urgent situations.
Apr 05, 2024, 10:06 AM IST
Govt Plans For Simplification, Digitalisation Of KYC Process
The FSDC also took note of the activities undertaken by the FSDC Sub-Committee chaired by the Governor, RBI, and the action taken by members on the previous decisions of the FSDC.
Feb 21, 2024, 17:44 PM IST
RBI's Big Announcement On MSME Loan Processing Fees & Documentation Charges: Check Here
RBI Governor Shaktikanta Das highlighted the importance of including additional charges in the actual interest rates.
Feb 08, 2024, 13:06 PM IST
RBI Monetary Policy February 2024: 6 Major Announcements By Central Bank You Want To Know
RBI has released its Statement on various developmental and regulatory policy measures relating to Financial Markets, Regulations; and Payment Systems and Fintech.
Feb 08, 2024, 10:59 AM IST
RBI Monetary Policy February 2024: Central Bank Keeps Interest Rate Unchanged At 6.5%
A year is divided into six bimonthly reviews of the central bank's monetary policy. Additionally, there are out-of-cycle reviews, where the central bank holds extra sessions in urgent situations.
Feb 08, 2024, 10:07 AM IST
RBI Monetary Policy February 2024: Will RBI Keep Interest Rate Paused? Know What Experts Say
For a year, the Reserve Bank has kept the repo rate unchanged at 6.5 percent. The benchmark interest rate was last raised in February 2023 to 6.5 percent from 6.25 percent.
Feb 08, 2024, 08:59 AM IST
RBI Governor Shaktikanta Das Says THIS On Opposition To Cryptocurrencies
Personally Das and RBI, as an institution, are opposed to private cryptocurrencies on the grounds that they pose tremendous threat to the financial stability.
Jan 11, 2024, 16:16 PM IST
E-Mandates For Recurring Online Transactions Hiked To Rs 1 Lakh
RBI has also made an important announcement regarding UPI payment limits for hospitals and educational institutions.
RBI Monetary Policy 2023 Highlights: Status Quo In Interest Rates For 5th Time; RBI Keeps Rate Unchanged At 6.5%
A year is divided into six bimonthly reviews of the central bank's monetary policy. Additionally, there are out-of-cycle reviews, where the central bank holds extra sessions in urgent situations.
Dec 08, 2023, 08:23 AM IST
RBI May Keep The Repo Rate Unchanged At 6.5%: SBI Research Report
The three-day MPC meeting Chaired by RBI Governor Shaktikanta Das is going to start from tomorrow (December 6-8).
Dec 05, 2023, 10:29 AM IST
Ex-RBI Governor S Venkitaramanan Passes Away At 92 In Chennai
S. Venkitaramanan served as the 18th Governor of the RBI from 1990 to 1992 and held the position of Finance Secretary in the Ministry of Finance from 1985 to 1989.
Nov 18, 2023, 18:45 PM IST
