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2 mins read

RBI keeps policy rate unchanged, cuts GDP forecast to 6.6%

The rate increase cycle was paused in April last year after six consecutive rate hikes, aggrega…

PTI   


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2 mins read

RBI MPC announcement today: Rates unlikely to change, RBI may change stance to neutral

The Reserve Bank of India (RBI) is set to conclude the three-day Monetary Policy Committee (MPC) me…

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3 mins read

RBI's monetary policy committee meeting begins today, announcement on October 9

The Reserve Bank of India (RBI) is set to begin its three-day monetary policy meeting on Monday and…

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3 mins read

RBIs MPC meet concludes today: Repo rate left unchanged at 6.5%

Treading along expected lines, RBI rate-setting panel left the repo rate unchanged at 6.5% for the …

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2 mins read

FPIs pump Rs 33,700 crore in equities in September amid US rate cut, domestic market resilience

With this, FPIs investment in equities reached Rs 76,572 crore so far this year. Since June, FPIs h…

PTI   


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RBI expected to begin rate cuts in October, with two reductions this fiscal: Crisil

The Reserve Bank of India (RBI) may begin lowering interest rates around October, provided that ext…

ANI   


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Repo rate cut unlikely in ongoing MPC meeting, but RBI may change it during October policy review: Experts

The Reserve Bank of India (RBI) has started its three-day monetary policy committee (MPC) meeting i…

ANI   


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RBI action on Kotak Mahindra Bank may restrain credit growth, profitability: S&P

Credit cards are a higher-yielding target growth segment for Kotak Mahindra Bank. This portfoli…

PTI   


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4 mins read

RBI likely to keep interest rate unchanged at 6.5%, say experts

Reserve Bank of India (RBI) is likely to keep the key interest unchanged at 6.5% on Thursday, and w…

PTI   


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6 mins read

Is the lending party over? The dangerous tango of Indian banks with microfinance and unsecured loans

India's microfinance and unsecured loan sector is facing a crisis with rising NPAs that threaten ov…

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2 mins read

Reserve Bank may act against more NBFCs to keep obscure lending practices in check, says Morgan Stanley

Earlier this month, the apex bank had already issued a stern warning to the NBFC sector, discouragi…

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3 mins read

Rate cut hopes dashed as RBI decides to chase inflation target of 4%

Economists unanimously agree that no rate cut by Indian central bank, RBI, is likely this year. Th…

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2 mins read

RBI slaps fine of Rs 2.91 crore on Axis Bank and HDFC Bank: All details

The Reserve Bank of India has fined Axis Bank and HDFC Bank a total of ₹2.91 crore for regulatory l…

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4 mins read

We want the elephant of inflation to walk back to the forest: Shaktikanta Das

The Indian central bank’s rate-setting panel, the Monetary Policy Committee (MPC), kept the repo ra…

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2 mins read

Risk-based premium for deposit insurance merits consideration: RBI Deputy Governor Swaminathan

Speaking at a conference in Jaipur, Swaminathan also said that as the financial sector becomes more…

PTI   


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3 mins read

Rupee falls 1 paisa to close at 83.96 against US dollar

At the interbank foreign exchange market, the local unit opened at 83.94 and touched an intrada…

PTI   


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Stock market closing: Sensex, Nifty close the day in red, IT, metal, realty and oil and gas indices dip 1% each

Out of the 2,783 stocks traded during the day, 1,186 saw advances, while 1,528 declined and another…

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3 mins read

RBI may not cut repo rate any soon or for six months: Economists

With the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) deciding to retain the repo …

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3 mins read

Raising massive financial resources for net-zero goal unprecedented challenge: Economic Survey

Reaching net zero means achieving a balance between greenhouse gas emissions and the amount of thes…

PTI   


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1 min read

RBI to allow opening of rupee account outside India

The RBI said it has finalised a strategic action plan for 2024-25 and envisaged liberalisation …

PTI