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Shaktikanta Das
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forex kitty
14 Jun 2024
India's Forex Kitty Surges To New Lifetime High Of $655.8 Billion
India, with an expected 15.2 per cent share in world remittances in 2024, also continues to be the largest recipient of remittances globally.
Reserve Bank of India
07 Jun 2024
RBI To Set Up Digital Payments Intelligence Platform To Combat Online Fraud
While promoting ease of doing business, the RBI remains committed to ensuring compliance with regulatory requirements and safeguarding the integrity of the financial system.
monetary policy
07 Jun 2024
RBI Governor Shaktikanta Das To Announce Monetary Policy Amid Rising Inflation
RBI Monetary Policy June 2024: The central bank's position on the benchmark interest rate has drawn a lot of attention especially due to ongoing inflation, particularly in the food sector.
Reserve Bank of India
08 May 2024
RBI Coming Up With New Steps To Expand UPI Outreach
The stakeholders shared their suggestions on strategies for scaling up of UPI infrastructure and expanding the products portfolio.
Reserve Bank of India
05 Apr 2024
RBI To Soon Launch App To Enable Retail Investors To Participate In Govt Bonds
RBI Retail Direct Scheme, launched in November 2021, gives access to individual investors to maintain gilt accounts with the RBI and invest in government securities.
Reserve Bank of India
05 Apr 2024
RBI To Launch New NRI Scheme For Sovereign Green Bonds In IFSC
RBI would launch a mobile app for accessing the Retail Direct portal to widen the reach of the RBI Retail Direct Scheme which was launched in November 2021.
Reserve Bank of India
05 Apr 2024
RBI Projects GDP Growth At 7% For 2024-25, Retail Inflation Seen At 4.5%
Announcing the outcome of the RBI Monetary Policy, RBI Governor Shaktikanta Das said, "Growth has continued to sustain its momentum, surpassing all projections.
RBI
05 Apr 2024
Good News For UPI Users: RBI To Let Users Deposit Cash Through UPI At ATMs
RBI Governor Shaktikanta Das said that this measure will further enhance customer convenience and make the currency handling process at banks more efficient.
RBI
05 Apr 2024
RBI Maintains Status Quo For The 7th Time; Repo Rates Unchanged At 6.5%
A year is divided into six bimonthly reviews of the central bank's monetary policy. Additionally, there are out-of-cycle reviews, where the central bank holds extra sessions in urgent situations.
KYC
21 Feb 2024
Govt Plans For Simplification, Digitalisation Of KYC Process
The FSDC also took note of the activities undertaken by the FSDC Sub-Committee chaired by the Governor, RBI, and the action taken by members on the previous decisions of the FSDC.
RBI MPC Meet
08 Feb 2024
RBI's Big Announcement On MSME Loan Processing Fees & Documentation Charges
RBI kept the repo rate unchanged for the 6th time. RBI directed to merge additional charges in the actual interest rate. RBI's move is in the direction of a clearer picture.
RBI
08 Feb 2024
RBI Monetary Policy February 2024: 6 MAJOR Announcements By Central Bank
RBI has released its Statement on various developmental and regulatory policy measures relating to Financial Markets, Regulations; and Payment Systems and Fintech.
RBI
08 Feb 2024
RBI Keeps Repo Rate Unchanged At 6.5% For 6th Time In A Row
A year is divided into six bimonthly reviews of the central bank's monetary policy. Additionally, there are out-of-cycle reviews, where the central bank holds extra sessions in urgent situations.
RBI
08 Feb 2024
RBI Monetary Policy February 2024: Will RBI Keep Interest Rate Paused? Know
For a year, the Reserve Bank has kept the repo rate unchanged at 6.5 percent. The benchmark interest rate was last raised in February 2023 to 6.5 percent from 6.25 percent.
RBI
11 Jan 2024
RBI Governor Shaktikanta Das Says THIS On Opposition To Cryptocurrencies
Personally Das and RBI, as an institution, are opposed to private cryptocurrencies on the grounds that they pose tremendous threat to the financial stability.
RBI
08 Dec 2023
E-Mandates For Recurring Online Transactions Hiked To Rs 1 Lakh
RBI has also made an important announcement regarding UPI payment limits for hospitals and educational institutions.
RBI
08 Dec 2023
RBI Monetary Policy 2023 Highlights: Status Quo In Interest Rates For 5th Time
A year is divided into six bimonthly reviews of the central bank's monetary policy. Additionally, there are out-of-cycle reviews, where the central bank holds extra sessions in urgent situations.
RBI
05 Dec 2023
RBI May Keep The Repo Rate Unchanged At 6.5%: SBI Research Report
The three-day MPC meeting Chaired by RBI Governor Shaktikanta Das is going to start from tomorrow (December 6-8).
RBI former governor
18 Nov 2023
Ex-RBI Governor S Venkitaramanan Passes Away At 92 In Chennai
S. Venkitaramanan served as the 18th Governor of the RBI from 1990 to 1992 and held the position of Finance Secretary in the Ministry of Finance from 1985 to 1989.
SBI
18 Nov 2023
State Bank of India Sees Minimal Hit From Tighter Rules For Personal Loans
The Reserve Bank of India (RBI) asked banks on Thursday to set aside more capital, following repeated warnings about rapid growth in some personal loans. Governor Shaktikanta Das had in the recent monetary policy review said banks should strengthen internal processes to curb risks.
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