Latest on RBI — - The Indian Panorama

New RBI Governor : Inflation-growth balance key task

Dec 13, 2024 - 3:57 am EST @theindpanorama 0

Revenue Secretary Sanjay Malhotra’s surprise appointment as the Reserve Bank of India (RBI) Governor comes amid worries over a decline in economic growth, a weaker currency and an upturn in inflation. As he embarks on […]

RBI keeps policy rate unchanged at 6.5%, lowers GDP growth forecast to 6.6%

Dec 7, 2024 - 9:15 am EST @theindpanorama 0

ISTANBUL (TIP)- The Reserve Bank of India’s Monetary Policy Committee (MPC) on Friday kept the benchmark interest rate unchanged at 6.5 per cent for the 11th straight policy meeting. The MPC unanimously agreed to maintain […]

RBI maintains status quo for 8th time in a row

Jun 7, 2024 - 12:18 pm EDT @theindpanorama 0

The Reserve Bank of India on Friday, June 7, decided to keep the policy rate unchanged for the eighth time in a row, saying it will maintain a tight vigil on inflation. The rate increase […]

RBI approves record Rs 2.1 lakh crore dividend to Centre for FY24

May 25, 2024 - 9:09 am EDT @theindpanorama 0

Mumbai (TIP)- The Reserve Bank of India will pay a record Rs 2.1 lakh crore dividend to the government for the fiscal ended March 31, more than double of what was budgeted expectation, helping shore […]

No impact on EMIs as RBI keeps repo rate unchanged at 6.5%

Apr 5, 2024 - 4:47 am EDT @theindpanorama 0

New Delhi (TIP)- The Reserve Bank of India (RBI) has decided to keep the key repo rate unchanged at 6.5% as its focus remains on bringing inflation under control. This is the seventh straight time […]

RBI maintains status quo, keeps key policy rate unchanged

Feb 10, 2024 - 8:43 am EST @theindpanorama 0

Mumbai (TIP)- The Reserve Bank of India on Thursday, Feb 8, decided to keep policy rate unchanged for the sixth time in a row as it maintains a tight vigil on inflation. The rate increase […]

Govt, RBI actively engaged on digital currency, says FM

Jan 27, 2024 - 11:34 am EST @theindpanorama 0

New Delhi (TIP)- Finance Minister Nirmala Sitharaman on Thursday, January 25, said the government and the Reserve Bank of India are actively engaged in improving the central bank digital currency (CBDC) so that it can […]

‘Can’t afford a crypto mania’: RBI governor Shaktikanta Das on cryptocurrencies

Jan 12, 2024 - 10:54 am EST @theindpanorama 0

Mumbai (TIP)- The US may have green-lighted exchange-traded funds (ETFs) in bitcoin, but for India’s apex banking regulator, cryptocurrencies remain a strict no-no. “The way we look at crypto remains unchanged, irrespective of who does […]

RBI ups weight of SBI, HDFC Bank in too-big-to-fail list

Dec 31, 2023 - 4:48 am EST @theindpanorama 0

Mumbai (TIP)- The Reserve Bank of India has upgraded the weightage of SBI and HDFC Bank on its list of three Domestic Systemically Important Banks (D-SIBs) for 2023 which includes ICICI Bank as well. The […]

RBI retains repo rate at 6.5% for 5th time

Dec 8, 2023 - 9:53 am EST @theindpanorama 0

Mumbai (TIP) – The Reserve Bank of India (RBI) on Friday, December 8, maintained its benchmark repo rate at 6.5%, keeping its focus on anchoring inflation and boosting growth. The RBI also continued with its […]

Currency note with * symbol in number panel valid note, says RBI

Jul 30, 2023 - 4:33 am EDT @theindpanorama 0

A currency note with a star (*) symbol is identical to any other legal banknote, the Reserve Bank said on Thursday , July 27, allaying concerns on the validity of such notes. The symbol is […]

RBI retains FY24 GDP growth forecast at 6.5%

Jun 9, 2023 - 9:58 am EDT @theindpanorama 0

The Reserve Bank on Thursday , June 8, retained the GDP growth projection for current fiscal year at 6.5 per cent, on the back of supportive domestic demand conditions. In April, the central bank had […]

RBI holds rates, vows to keep price stability

Jun 9, 2023 - 6:08 am EDT @theindpanorama 0

New Delhi (TIP)- The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), on the basis of an assessment of the current and evolving macroeconomic situation, on June 8 decided to keep the […]

RBI to withdraw Rs 2,000 currency notes from circulation

May 20, 2023 - 3:45 am EDT @theindpanorama 0

NEW DELHI (TIP): The Rs 2,000 currency note, introduced after demonetization in 2016, will be withdrawn from circulation from September 30, said an RBI statement. RBI cites reasons Introduced after DeMo in 2016, RBI says […]

RBI keeps repo rate unchanged at 6.5%

Apr 8, 2023 - 7:28 am EDT @theindpanorama 0

The Reserve Bank of India on Thursday, April 6, announced an unchanged repo rate (basic interest rate) on the expectations of lower inflation in the coming months due to past six successive rate hikes since […]

RBI proposes expansion of UPI digital payments system to allow credit

Apr 8, 2023 - 7:27 am EDT @theindpanorama 0

The Reserve Bank of India (RBI) is proposing expanding the reach of the popular Unified Payments Interface (UPI) digital payments system by allowing credit to be offered via pre-approved bank lines. “This initiative will further […]

Unlike global economy, India will not slow down, says RBI

Mar 25, 2023 - 7:45 am EDT @theindpanorama 0

Mumbai (TIP)-Unlike the global economy, India would not slow down and maintain the pace of expansion achieved in 2022-23, an RBI article said. “We remain optimistic about India, whatever the odds,” said the article on […]

Global uncertainty makes fight against inflation tough: RBI

Feb 25, 2023 - 5:35 am EST @theindpanorama 0

Majority of members of the high-powered Monetary Policy Committee (MPC) of the Reserve Bank were concerned about heightened inflation even as two panellists raised objections against an increase in the benchmark interest rate, according to […]

RBI hikes interest rates, projects moderate inflation, growth in next fiscal

Feb 11, 2023 - 4:30 am EST @theindpanorama 0

London (TIP)- The Reserve Bank of India hiked the repo rate by 25 per cent to 6.5 per cent and forecast slower economic growth of 6.4 per cent during next fiscal as compared to the […]

The Hindenburg Report on Adani conglomerate –

Feb 3, 2023 - 2:05 am EST @theindpanorama 0

Uproar in Parliament, Opposition seeks JPC probe: Houses adjourned without transacting business RBI asks banks for details of exposure to Adani Group Boris Johnson’s brother quits linked firm; B’desh questions ‘expensive’ power deal I.S. Saluja […]

Private cryptos can cause next financial crisis, warns RBI

Dec 23, 2022 - 8:04 am EST @theindpanorama 0

Mumbai (TIP)- Pressing for the prohibition of instruments like bitcoin, Reserve Bank Governor Shaktikanta Das on Wednesday, December 21, warned that the next financial crisis can be triggered by private cryptocurrencies, if such speculative instruments […]

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