Raises retail inflation forecast for Apr-Sept to 3-3.1 per cent and 3.4-3.7 per cent in Oct-March.
06 Jun 2019 12:48 PM
Benchmark interest rate was cut by 0.25 per cent to 5.75 per cent from 6.00 per cent.
06 Jun 2019 12:04 PM
The G20 meetings provide a forum for key countries in international financial system to discuss major international economic issues.
05 Jun 2019 1:39 PM
Analysts say policymakers should also find ways to boost banks’ liquidity to ensure they drop their lending rates too.
04 Jun 2019 10:31 AM
RBI has slashed repo rate by 25 basis points (0.25 percentage points) each in last two policy reviews.
03 Jun 2019 4:26 PM
RBI to cut its repo rate by 25 basis points at its June 4-6 meeting, bringing it to 5.75 per cent - the lowest since July 2010.
29 May 2019 11:16 AM
A decision to this effect was taken at a meeting of the Central Board here under the Chairmanship of RBI Governor Shaktikanta Das.
21 May 2019 7:33 PM
The note has other designs, geometric patterns aligning with the overall colour scheme, both at the obverse and reverse.
27 Apr 2019 10:13 AM
The chamber in its submission has also sought further cut in the repo rate in the coming quarters.
23 Apr 2019 9:41 AM
Four of the six MPC members had voted in favour of a 25 basis points reduction in the repo rate.
18 Apr 2019 7:25 PM
All banknotes in the denomination of Rs 50 issued by the Reserve Bank in the past will continue to be legal tender.
17 Apr 2019 8:31 AM
India’s current account deficit is expected to be around 2.5 per cent of GDP in 2018-19.
13 Apr 2019 11:42 AM
Among others, RBI Governor Shaktikanta Das is also slated to attend the IMF-World Bank meetings.
11 Apr 2019 8:42 AM
Banks had to treat a company as a defaulter even if it missed the repayment schedule by a day.
05 Apr 2019 1:13 AM
Repo rate is the key interest rate at which the RBI lends short-term funds to commercial banks.
05 Apr 2019 1:13 AM
The rate cut is a blessing to the Narendra Modi government with the elections just a week away.
05 Apr 2019 12:01 AM
The decision has been taken with a view to improve the ease of undertaking forex transactions.
04 Apr 2019 3:02 PM
Shaktikanta Das told reporters that the RBI goes with the official statistics prepared by the Central Statistics Office.
04 Apr 2019 2:00 PM
Supreme Court had on Tuesday quashed RBI circular that pertains to provisions for referring the defaulter to NCLT.
04 Apr 2019 1:06 PM
Higher financial flows to the commercial sector augur well for economic activity, says RBI.
04 Apr 2019 1:02 PM