RBI

The income tax relief which the Budget 2025 provided, coupled with the Reserve Bank of India's (RBI) repo rate cut will boost recovery in consumption in the economy, a report by news agency ANI quoted Finance Minister Nirmala Sitharaman as…
Read More...

The Reserve Bank of India announced on Friday that Indian banks will soon have an exclusive internet domain named ‘bank.in’. The apex bank added that non-bank financial entities will have the domain named ‘fin.in’. The decision has been…
Read More...

India's central bank announced on Monday a host of measures to inject liquidity into the banking system, including bond purchases and dollar/rupee swaps, which analysts and traders said could be a precursor to a rate cut next month. The…
Read More...

The Reserve Bank of India (RBI) in Mumbai received a bomb threat email on Friday, reports news agency ANI. A case has been filed against an unknown individual in connection with the threat, and an investigation is underway. The threatening…
Read More...

Shaktikanta Das, the outgoing governor of the Reserve Bank of India (RBI), thanked ‘Team RBI’ in his farewell message ahead of formally demitting office on Tuesday. Shaktikanta Das posted on X, “A BIG thank you to the entire Team RBI.…
Read More...

The Reserve Bank of India (RBI)'s fourth bi-monthly policy for FY25 is awaited as the central bank will make the crucial announcement of whether it will cut the repo rate or not. Shaktikanta Das' announcement will come after the three-day…
Read More...

भारतीय रिजर्व बैंक (RBI) की मॉनेटरी पॉलिसी कमिटी (MPC) की तीन दिन की बैठक सोमवार (7 अक्टूबर) को शुरू हो गई. आरबीआई के गवर्नर शक्तिकांत दास की अध्यक्षता में आयोजित यह बैठक 9 अक्टूबर को खत्म होगी. वह 9 अक्टूबर को नीतिगत दरों (Repo Rate) पर…
Read More...

It will soon be possible to deposit cash using cash deposit machines (CDMs) at ATMs using Unified Payments Interface (UPI) apps, eliminating the need to carry debit cards for the same. The Reserve Bank of India's Deputy Governor T Rabi…
Read More...

The Reserve Bank of India (RBI) governor Shaktikanta Das said that the central bank was set to launch Unified Lending Interface (ULI) nationwide soon as it expects this platform to transform the lending sector in India. The pilot for ULI…
Read More...

Retail inflation fell to the lowest in nearly five years in July, according to the All India Consumer Price Index (CPI) data released on Monday, August 12, 2024. Combined inflation (rural and urban) declined to 3.54% in July 2024, compared…
Read More...