The Latest Breaking News from RBI

Next financial crisis will come from private cryptocurrencies: RBI chief Shaktikanta Das

NEW DELHI: Reserve Bank of India (RBI) chief Shaktikanta Das has once again warned about investment in cryptocurrencies.

The Times of India · Dec 21, 2022

Fixed Deposit rates at 7.5%: Who is offering the best FD rate right now?

After a 225 basis points repo rate hike by the Reserve Bank of India (RBI) in the last seven months, banks have started passing on the benefits of the rate hike to fixed deposit holders.

The Times of India · Dec 16, 2022

'We will be lucky if we get 5% growth next year,' says ex-RBI governor Raghuram Rajan

NEW DELHI: Former governor of Reserve Bank of India (RBI) Raghuram Rajan has said he believes the country will be lucky if it achieves 5 per cent growth next year.

The Times of India · Dec 15, 2022

‘Worst of inflation over’: RBI moderates rate hike to 35bps

MUMBAI: Reserve Bank of India governor Shaktikanta Das on Wednesday increased key interest rates by 35 basis points, taking the total increase in rates since May to 225 basis points.

The Times of India · Dec 7, 2022

SC reserves verdict on demonetisation pleas, directs Centre, RBI to place related records

NEW DELHI: The Supreme Court on Wednesday directed the Centre and the Reserve Bank of India (RBI) to place before it in a sealed cover the relevant records pertaining to the government's 2016 decision to demonetise currency notes of Rs 1000 and Rs 500 denomination for its perusal.

The Times of India · Dec 7, 2022

Consumer confidence recovers in November; future index remains steady: RBI report

NEW DELHI: Consumer confidence continued on its recovery path in November but remained in pessimistic zone, a survey released by Reserve Bank of India (RBI) showed on Wednesday.

The Times of India · Dec 7, 2022

RBI Monetary Policy Committee Hikes Policy Rate By 35 Bps To 6.25 Per Cent

The Reserve Bank of India monetary policy committee (MPC), which determines interest rates, has raised policy repo rate by 35 basis points (bps) to 6.25 per cent with immediate effect. Read on for details:

Dynamite News · Dec 7, 2022

‘Not thoughtless’: In SC, RBI backs government on demonetisation

NEW DELHI: Backing the Centre’s 2016 demonetisation decision, the Reserve Bank of India on Tuesday told the Supreme Court that it was not a “thoughtless” process as contended by petitioners who are challenging the decision and submitted that the court should refrain from scrutinising it for it was an economic…

The Times of India · Dec 6, 2022

Fitch retains India growth forecast at 7% for this fiscal

NEW DELHI: Fitch Ratings on Tuesday retained India's economic growth forecast at 7 per cent for the current fiscal, but cut projections for the next two financial years saying the country is not impervious to global developments.

The Times of India · Dec 6, 2022

Explained: Why World Bank upgraded India's economic forecast for FY23

NEW DELHI: The World Bank on Tuesday revised upwards its GDP growth forecast from 6.5% for India to 6.9% for 2022-23, saying the country was showing higher resilience to global shocks.

The Times of India · Dec 6, 2022