The Latest Breaking News from Reserve Bank of India

The Reserve Bank of India (RBI) has increased the repurchase rate (repo) by 50 basis points, the biggest in more than a decade.

Internet & Mobile Association of India (IMAI), a body representing the interests of Indian crypto investors, said that it has no plans to file a legal challenge against the Indian central bank after it restricted the use of UPI for crypto exchanges.

Jude Weston brings you the news from China, Punjab, France and the Reserve Bank of India.

As the West imposes harsher sanctions on Russia in a bid to stop its invasion of Ukraine, India — one of Russia’s trade partner — has been under pressure to reduce its oil imports, defence imports.

Reserve Bank of India's (RBI) Monetary Policy Committee on Friday voted to keep the benchmark repo and reverse repo rates unchanged for the 11th time in a row. Read details on Dynamite News

Paytm, backed by SoftBank Group Corp (OTC:SFTBY) (OTC:SFTBF) and Alibaba Group Holding Ltd's (NYSE:BABA) fintech affiliate Ant Group, looks to break even on an operating basis over the next year-and-a-half, Bloomberg reports. The Indian digital payments pioneer doubled its gross merchandise value to $34.3 billion in the March quarter. Paytm looks to become profitable in…

India accused the RBI of setting interest rates to favour developed nations, pushing it to slash the rates.

Normalisation of the economy has been disturbed and the growth objective would be served by apt fiscal policy moves

Thomas Mathew has taken charge as Regional Director, Reserve Bank of India (RBI), Thiruvananthapuram. Prior to the new posting, he was the Chief General Manager of the Department of Regulation at the RBI, Central Office, Mumbai.