RBI Likely To Opt For Small Rate HIkes As Inflation Eases: Report
RBI Policy: RBI likely to go for smaller rate hikes as inflation eases: ReportThe Reserve Bank of India is likely to opt for a 35 basis points (bps) rate hike…
Retail Inflation Eases To 6.77% In October, Lowest In 3 Months
RBI Policy: Retail inflation eases to a 3-month low of 6.77% in OctoberRetail inflation eased to a three-month low of 6.77 per cent in October, down from a five-month high…
India To Be Fastest Growing Economy Despite Global Turbulence: RBI Governor
Members of the panel had different views on the future trajectory of rate hikes. (File)Mumbai: India is expected to be among the fastest growing major economies this fiscal, geopolitical turbulence…
RBI Hikes Rates To 3-Year-High Of 5.9%, Cites “Bleak” Global Outlook
RBI hikes repo rate by 50 basis points to 5.90 per centThe Reserve Bank of India hiked its key lending rate by 50 basis points to 5.90 per cent, a…
India’s Remittances From Gulf Region Declined In 2020-21: RBI
Remittances are the second major source of external financing for low and middle-income countries.New Delhi: The share of remittances from the Gulf Cooperation Council (GCC) region to India has declined…
RBI Slaps Rs 1.67 Crore Penalty On Ola Subsidiary For Non-Compliance
Ola Financial Services Private Limited is a subsidiary of ride-hailing app Ola.Mumbai: The Reserve Bank on Tuesday imposed a penalty of over Rs 1.67 crore on Ola Financial Services for…
Signs That RBI Is Pulling Out All Stops To Check Rupee Fall
The rupee has declined more than 5% this year.India’s central bank appears to have ramped up intervention in the forwards market to slow the rupee’s decline and preserve its hard-earned…
Centre Mindful Of Current Inflation Situation, Says RBI Governor
RBI increased its FY23 retail inflation estimate to 6.7 per cent from the earlier 5.7 per cent.Mumbai: Reserve Bank Governor Shaktikanta Das on Wednesday said the government is “mindful” of…
Russia-Ukraine War Led To Globalisation Of Inflation: RBI Governor
“We navigate through this difficult period,” Shaktikanta Das said.Mumbai: RBI Governor Shaktikanta Das on Wednesday said the Russia-Ukraine war has led to globalisation of inflation and is posing new challenges,…
RBI Hikes Key Lending Rate Again: What It Means For Home Loan Borrowers
Last month, the Reserve Bank had raised the repo rate by 40 bps in an off-cycle meeting.New Delhi: Reserve Bank of India (RBI) on Wednesday raised the key lending (repo)…