RBI Governor Shaktikanta Das extended the moratorium period by another three months from June 1 to August 31 due to lockdown extension
22 May 2020 11:13 AM
The agenda also included taking stock of interest rate transmission to borrowers by banks and progress on moratorium on loan repayments
11 May 2020 10:44 AM
The governor appreciated the efforts of banks in ensuring normal to near normal operations during the lockdown period
03 May 2020 9:16 AM
Reserve Bank will remain vigilant and will not hesitate to use any instrument to mitigate the impact of Covid-19
13 Apr 2020 2:04 PM
Key rate cut by an unprecedented 75 pts
27 Mar 2020 2:57 PM
The central bank also reduced the cash reserve ratio of all banks by 100 basis points to 3 per cent with effect from March 28 for 1 year
27 Mar 2020 11:46 AM
Globaly economy growth expected to slow down due to Coronavirus
06 Mar 2020 1:29 PM
His comments come against the backdrop of concerns over growth of the economy, which has registered a spike in inflation
15 Feb 2020 2:14 PM
Next meeting of the MPC scheduled during March 31, April 1 and 3, 2020.
06 Feb 2020 1:04 PM
The governor said the continuity in policy from last pause should not be read as a pointer to future actions.
06 Feb 2020 12:50 PM
RBI further said that the actual inflation outcome for Q2 at 5.8 per cent overshot projections by 70 bps.
06 Feb 2020 12:36 PM
The survey, tabled in Parliament last month, estimated the GDP growth during FY21 at 6-6.5 per cent.
06 Feb 2020 12:32 PM
In the last MPC meeting when we took a pause, I don't know why the market was surprised, said RBI Gov Shaktikanta Das.
16 Dec 2019 11:52 AM
The RBI reiterated that it would maintain an accommodative stance as long as necessary to revive economic growth.
07 Dec 2019 10:46 AM
The policy repo rate since February was cut in every policy, cumulatively easing by 1.35 per cent or by 135 basis points to 5.15 per cent.
06 Dec 2019 3:22 AM
The comments come a year after government tagged Bitcoins and other cryptocurrencies illegal and the RBI banned their trade.
05 Dec 2019 5:48 PM
The sharp decline in growth had many analysts assuming the Reserve Bank will deliver a rate cut on Thursday.
05 Dec 2019 1:34 PM
The apex bank enhanced the cash withdrawal limit to Rs 50,000 per account.
07 Nov 2019 3:47 PM
RBI will continue accommodative stance as long as it is necessary and growth revives, said RBI Gov Shaktikanta Das.
04 Oct 2019 4:11 PM
As per media reports, the government might seek an interim dividend of about Rs 30,000 crore from the RBI towards the end of financial year.
04 Oct 2019 3:19 PM