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The Latest Breaking News from Shaktikanta Das

RBI keeps repo rate unchanged at 6.5 pc, changes stance to neutral to align inflation with growth

The central bank's focus remains on achieving a stable inflation rate, aligned with its long-term target, while fostering sustainable economic expansion. Read further on Dynamite News:

Dynamite News

Repo rate unchanged at 6.5 per cent: RBI Governor Shaktikanta Das unveils monetary policy

Reserve Bank of India (RBI) Governor Shaktikanta Das said that Monetary Policy Committee (MPC) has decided to keep the policy repo rate unchanged at 6.5 per cent. Read further on Dynamite News:

Dynamite News

Wayward elephant: On the RBI’s rate decision

Price stability can and must be non-negotiable

The Hindu

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RBI keeps repo rates unchanged at 6.5 pc after first Monetary Policy meeting

The Reserve Bank of India's Monetary Policy Committee (MPC) has decided to keep the policy repo rate unchanged at 6.5 per cent as retail inflation continues to be above its target of 4 per cent. Read further on Dynamite News:

Dynamite News

"No review of decision on Paytm Payments Bank" says RBI Chief Shaktikanta Das

RBI Governor Shaktikanta Das on Monday reiterated that all decisions taken by the Central bank are carefully considered. Read further on Dynamite News:

Dynamite News

RBI pegs India's 2024-25 real GDP growth at 7%

The Reserve Bank of India (RBI), while maintaining the status quo in the repo rate, pegged India's GDP growth for the next financial year 2024-25 (April-March) at 7 per cent. Read further on Dynamite News:

Dynamite News

Mint Street musings: On the interim Budget and the RBI

The interim Budget for 2024-25 could give the central bank some more room to ease liquidity constraints in the economy

The Hindu

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RBI Chief: India's Inflation Nearing 4% Target

The Reserve Bank of India (RBI) Governor has stated that inflation in India is gradually moving towards the central bank's target of 4%.

Top News

Private banks on a housing loan spree, 99% pay dues on time as of now | Data

Personal loans dominate India's banking sector, with housing loans leading the way and low GNPA ratios.

The Hindu

RBI hikes UPI transaction limit for hospitals and educational institutions

The Reserve Bank of India raised the UPI payment limits for hospitals and educational institutions from ₹1 lakh to ₹5 lakh per transaction, said Governor Shaktikanta Das on December 8.

The Hindu

RBI maintains status quo in policy rate for 5th time now

The Monetary Policy Committee of the Reserve Bank of India (RBI) in its December review meeting unanimously decided to keep the policy repo rate unchanged at 6.5 per cent, thus maintaining status quo for the fifth straight time.

Dynamite News

Tightrope walk: On RBI holding rates

RBI’s Monetary Policy Committee decision to leave interest rates unchanged even as the central bank warned of the major risk that ‘high inflation’ poses to macroeconomic stability is a clear sign that monetary authorities find themselves caught in a cleft stick.

The Hindu

Risky recourse: On the Reserve Bank of India’s Monetary Policy Committee and policy rate

How quickly policymakers intercede in the months aheasd will determine their inflation-fighting mettle

The Hindu

Soon, AI will let you make a UPI payment using voice

RBI proposes to increase UPI Lite per transaction payment limit to ₹500 and enable 'Conversational Payments' on UPI, 'UPI-Lite' on-device wallet and offline payments on UPI using NFC technology to further deepen digital payments in India. This will help in faster, reliable and contactless mode of payments for everyday small…

The Hindu

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The Hindu

Home loan, other borrowers can switch to fixed-rate regime: RBI

RBI unveils framework allowing borrowers to switch to fixed interest rate from floating rate, providing relief to home, auto loan borrowers. Revised framework for Infrastructure Debt Funds (IDFs) to enable greater financing of infrastructure sector.

Dynamite News

RBI keeps repo rate unchanged in third straight policy meet

The Reserve Bank of India in its three-day monetary policy committee meeting unanimously decided to keep the repo rate unchanged at 6.5 per cent, something most financial markets had expected. Read further on Dynamite News:

The Hindu

RBI retains FY24 GDP forecast at 6.5%

RBI retains GDP growth projection at 6.5% for FY20-21; raises inflation projection to 5.4% due to vegetable prices. Recovery in kharif sowing, services & consumer optimism to support household consumption.

The Hindu

RBI’s MPC keeps policy rate unchanged, CPI inflation projection for FY24 revised to 5.4%

Announcing the bi-monthly monetary policy, RBI Governor Shaktikanta Das said the Monetary Policy Committee (MPC) unanimously decided to keep the rate unchanged at 6.5%

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The Hindu

Unwavering focus: On the Monetary Policy Committee’s approach to policy

Achieving durable disinflation must remain a non-negotiable goal, especially amid widening income inequality and high unemployment

Dynamite News

RBI keeps repo rate unchanged at 6.5 per cent as inflation softens

Repo rate refers to the interest rate at which the RBI lends to commercial banks. Read further on Dynamite News:

The Hindu

RBI holds rates, vows to keep price stability

The Reserve Bank on June 8 decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50% and retained the GDP growth projection for current fiscal year at 6.5%, on the back of supportive domestic demand conditions.

The Hindu

Morning Digest | Ron DeSantis launches 2024 presidential bid to challenge Donald Trump; GDP growth may cross 7% in 2022-23: RBI Governor, and more

The Hindu’s Morning Digest brings readers a select list of stories to start the day

The Hindu

Morning Digest | No need to make a dash for ₹2,000 swaps, says RBI Governor Shaktikanta Das; wrestlers accept Brij Bhushan’s demand for a narco test under SC supervision, and more

The Hindu’s Morning Digest brings readers a select list of stories to start the day

The Hindu

No need to make a dash for ₹2,000 swaps, says RBI Governor Shaktikanta Das

Seeking to allay concerns about the legal tender status of ₹2,000 currency notes after the September 30 deadline for their exchange or deposit, Reserve Bank of India Governor Shaktikanta Das stressed there is no need to rush to the banks and signalled the last date is only meant to nudge…

Dynamite News

RBI decides to keep repo rate unchanged at 6.5 pc

The Reserve Bank of India has decided to keep the key benchmark interest rate - repo rate - unchanged at 6.5 per cent with readiness to act should the situation so warrant, Governor Shaktikanta Das announced on Thursday, after a two-day monetary policy (MPC) meeting. Read further on Dynamite News:

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