RBI
RBI delays implementation of currency derivatives trading norms
05 Apr 2024
Reserve Bank of India (RBI) has pushed back the implementation of its directions on currency derivatives trade from 5 April to 3 May 2024
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RBI keeps repo rate unchanged as focus remains on inflation
05 Apr 2024
The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) at its meeting on Friday (5 April 2024) decided to keep the policy repo rate under the liquidity adjustment facility (LAF)
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RBI bars JM Financial from lending against shares
06 Mar 2024
Days after imposing restrictions on online payments banks Paytm and IIFL Finance, Reserve Bank of India (RBI) on Tuesday directed investment banker JM Financial
Investment sans consumption could hamper inclusive growth: RBI
22 Jan 2024
The Indian economy recorded stronger than expected growth in 2023-24, underpinned by a shift from consumption to investment.
India’s forex reserves grow $58 bn year-to-date to $620.4 bn
31 Dec 2023
India's foreign exchange reserves increased by $57.63 billion year-to-date, taking overall forex reserves with the Reserve Bank of India (RBI) to $620.44 billion
Net financial assets of non-residents in India up $7.4 bn in Q2 FY24
31 Dec 2023
Net financial assets of non-residents in India increased by $7.4 billion to $380.9 billion in the second quarter of the current financial year (July-September 2023-24)
RBI MPC maintains 6.5% repo rate, raises FY24 GDP forecast to 7%
08 Dec 2023
In its bi-annual policy announcement, the Reserve Bank of India’s Monetary Policy Committee (RBI MPC) opted to keep the repo rate unchanged at 6.5%, marking the fifth consecutive decision to maintain the status quo.
RBI Governor Das: Increased risk weight is a precautionary approach to ensuring sustainable lending
23 Nov 2023
Reserve Bank of India (RBI) Governor Shaktikanta Das said that the recent instruction to increase risk weights for unsecured consumer loans by banks and non-banking financial companies (NBFC) is a cautious measure taken to ensure sustainable lending.
RBI eyes global currency role for rupee
10 Jul 2023
The internationalisation of the rupee is a continuous process involving progressive capital account convertibility, wherein the domestic currency increasingly acquires the character of a de facto freely convertible currency for international financial transactions, says an RBI group
RBI keeps policy repo rate unchanged at 6.50%
06 Apr 2023
While the inflation trajectory for 2023-24 would be shaped by both domestic and global factors RBI expects consumer price inflation to average around 5.2 per cent for 2023-24, considering the emerging trends in production and supply and assuming an annual average crude oil price (Indian basket) of $85 per barrel and a normal monsoon
RBI hikes policy repo rate by a further 25 basis points to 6.50%
08 Feb 2023
The RBI said the Monetary Policy Committee decided to remain focused on withdrawal of accommodation to ensure that inflation remained within the target going forward, while supporting growth
Non-resident claims on India increased by $34.3 billion to $389.6 billion in Q2 FY23: RBI
10 Jan 2023
RBI to soon launch digital rupee; issues concept note
11 Oct 2022
Reserve Bank defines CBDC as the legal tender issued by a central bank in a digital form, which is akin to sovereign paper currency, but in a different form, exchangeable at par with the existing currency as a medium of payment, legal tender and a safe store of value
RBI hikes policy repo rate by 50 bps to 5.40%
05 Aug 2022
The latest hike, the third since May this year, after the 40 bps and 50 bps hikes announced in May and June, respectively, may not be the last, according to indications
RBI sets up rupee payment mechanism for global trade
18 Jul 2022
The rupee payment mechanism is intended to promote growth of exports from India and to support the increasing interest of global trading community in the Indian currency, RBI stated
RBI hikes repo rate by 50 bps to 4.90% as inflation starts to bite
08 Jun 2022
RBI said it would remain focused on withdrawal of an accommodative monetary policy to ensure that inflation remains within the target going forward, while supporting growth
RBI keeps repo rate unchanged, launches SDF to absorb excess liquidity
09 Apr 2022
Simultaneously, RBI announced the activation of the Standing Deposit Facility (SDF), which will help the central bank absorb liquidity (deposits) from commercial banks without giving government securities in return to the banks
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