The Latest Breaking News from RBI

Kisan Congress’ plea to RBI

Banks urged not to deduct amount from farmers without their consent

The Hindu · Jul 19, 2022

Under RBI’s ombudsman scheme, 7,813 complaints received against digital apps and recovery agents

Public can seek redressal through its ombudsman scheme, says Minister in LS

The Hindu · Jul 18, 2022

RBI wants to prohibit cryptocurrencies; govt seeks international collaboration: Nirmala Sitharaman

NEW DELHI: Finance minister Nirmala Sitharaman on Monday said the RBI has expressed concerns over cryptocurrencies saying that they should be prohibited as they can have destabilising effect on the monetary and fiscal stability.

The Times of India · Jul 18, 2022

State to go ahead with raising OMBs

₹4,000 crore of ₹9,000 cr projected during the quarter already raised

The Hindu · Jul 14, 2022

Rupee hits fresh low of 79.64/$ at close as FIIs continue to exit

MUMBAI: The rupee weakened by four paise to close at a new low of 79.63 in the foreign exchange market on Wednesday. The currency opened strong at 79.55. Dealers said that June inflation numbers coming in at 7.01%, which was better than expected, was a positive.

The Times of India · Jul 14, 2022

Uber faced intense scrutiny in India, suggests International Consortium of Investigative Journalists expose

BENGALURU: The Uber Files' expose by the International Consortium of Investigative Journalists (ICIJ) suggests that Uber came under intense scrutiny from RBI, Central Consumer Protection Authority (CCPA), and Indian tax authorities.

The Times of India · Jul 13, 2022

Govt watchful of price situation; pointed attack on inflation to continue: Finance minister

NEW DELHI: With consumer price inflation remaining high, finance minister Nirmala Sitharaman on Tuesday said the government is watchful of the price situation and will continue the pointed attack on inflation.

The Times of India · Jul 12, 2022

RBI chief signals policy won’t sacrifice growth too much

Reserve Bank of India governor Shaktikanta Das said monetary policy is mindful of the economy’s growth needs, signaling that tightening will be geared to ensure there isn’t a massive slowdown.

The Times of India · Jul 12, 2022

At above 7%, retail inflation stays stubborn

Food price inflation, as per the Consumer Food Price Index, eased to 7.75%, from 7.97%, but remained above 8% in urban areas, at 8.04%.

The Hindu · Jul 12, 2022

Retail inflation at 7.01% in June as against 7.04% in May

NEW DELHI: India's retail inflation based on consumer price index (CPI) stood at 7.01% in June, data released by government showed on Tuesday.

The Times of India · Jul 12, 2022