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
RBI Governor Shaktikanta Das has already hinted further monetary policy easing while space for fiscal space is limited.
03 Oct 2019 5:50 PM
The six-member MPC is scheduled to announce the fourth bi-monthly monetary policy for 2019-20 on Friday, October 4.
01 Oct 2019 5:19 PM
RBI has already slashed the repo rate (short-term borrowing rate) four times aggregating to 1.10 percentage points since January.
29 Sep 2019 4:33 PM
Government finances have come under pressure due to moderation in revenue collection and a slew of measures taken to lift growth.
29 Sep 2019 2:38 PM
Base corporate tax for existing companies has been reduced to 22 per cent from the current 30 per cent.
24 Sep 2019 2:40 PM
RBI Governor Shaktikanta Das also reinforced his dovish bias due to weak inflation and negative output gap.
23 Sep 2019 3:12 PM
RBI governor Shaktikanta Das praises his predecessors Urjit Patel and Raghuram Rajan.
23 Sep 2019 9:18 AM
RBI Gov Shaktikanta Das was responding to a question whether his academic qualification weighed him down as the governor.
22 Sep 2019 6:43 PM
Das added that the future rate cuts would depend on the incoming data.
21 Sep 2019 2:58 AM
Governor also welcomed the government announcement in the morning to slash corporate tax across the board.
20 Sep 2019 1:07 PM
The governor was quick to add that there is little fiscal space for the government to unveil any countercyclical measures to boost the sagging growth.
20 Sep 2019 3:29 AM
'Indian economy remains a preferred habitat for FDI and is among the top 10 destinations for greenfield projects.'
19 Sep 2019 10:03 PM
Last week, the government announced a slew of measures to boost exports and the real estate sector.
18 Sep 2019 9:24 AM
He said that the RBI has been cutting rates to give a boost to the economy as slowdown was visible for past few months.
16 Sep 2019 7:28 PM
RBI's central board approved the transfer of record Rs 1.76 lakh cr dividend and surplus reserves to the govt.
28 Aug 2019 9:37 AM
He said the decision of RBI was ‘a confirmation of what the party had been forewarning about the state of the economy.’
27 Aug 2019 9:19 PM
RBI has lowered the repo rate by 1.1 percentage points in 2019, the banks are yet to pass on the entire benefit to borrowers.
22 Aug 2019 11:55 AM