Shaktikanta Das’s leadership period at RBI is notable for guiding the Indian economy through challenging periods. Bringing inflation within the RBI’s target range stands as the most important objective for the incoming RBI governor, emphasised Shaktikanta Das during his final address on Tuesday as he prepared to conclude his term as the Reserve Bank of…
Revenue secretary Sanjay Malhotra (File photo) NEW DELHI: Government on Monday sprung a surprise by naming revenue secretary Sanjay Malhotra, 56, as the 26th Reserve Bank of India governor to replace Shaktikanta Das, whose six-year stint on Mumbai’s Mint Road ends on Tuesday.After weeks of suspense, the appointments committee of cabinet zeroed in on Malhotra…
The Reserve Bank of India has decided to launch podcasts to improve communication and effectively share information of public interest. This podcast continues the many initiatives the apex bank took over the past years to expand its communication toolkit to enhance transparency and facilitate better connections with people. Shaktikanta Das, the RBI governor on Friday…
NEW DELHI: India’s forex has started to rally once again after a consecutive plunge for eight months, hitting a multi month low.Data from the Reserve Bank of India (RBI) earlier this week revealed that India’s foreign exchange reserves rose by $1.510 billion to $658.091 billion for the week ending November 29. However, since hitting an…
RBI governor Shaktikanta Das MUMBAI: Reserve Bank of India (RBI) on Friday kept the policy rate unchanged for the 11th consecutive time at 6.5%, cut the economic growth forecast to 6.6% for 2024-25 from the earlier 7.2%, and reduced the cash reserve ratio (CRR) by 50 basis to 4%, which is expected to release nearly…
Credit Line on UPI : आर्थिक गतिविधियों को बढ़ाने के मकसद से अब भारतीय रिजर्व बैंक (Reserve Bank of India) ने अब स्माॅल फाइनेंस बैंकों (Small Finance Bank) को लोन देने की इजाजत दे दी है. आरबीआई के इस फैसले गांव व कस्बों में छोटे उद्यमियों व व्यापारियों को भी किफायती ब्याज दर पर ऋण…
India’s forex reserves rise to $658.09 billion NEW DELHI: India’s foreign exchange reserves increased by $1.51 billion to $658.09 billion in the week ending November 29, the Reserve Bank of India (RBI) reported on Friday. This marks the first rise in nine weeks, recovering from a five-month low.The reserves had previously declined by a cumulative…
NEW DELHI: The Reserve Bank of India (RBI) on Friday marginally increased its inflation forecast for the current fiscal year to 4.8 per cent from the earlier projection of 4.5 per cent, attributing the adjustment to a sharp rise in September and October 2024, fueled by an unexpected spike in food prices and weakened consumption…
<p style="text-align: justify;"><strong>RBI MPC:</strong> भारतीय रिजर्व बैंक की मौद्रिक नीति समिति के फैसलों का ऐलान आज रिजर्व बैंक के गवर्नर शक्तिकांत दास ने किया. आरबीआई गवर्नर ने आज रेपो रेट में कोई कटौती नहीं की और इससे आपकी ईएमआई सस्ती होने का रास्ता आज भी नहीं खुला है. हालांकि आरबीआई ने किसानों को एक सौगात…
RBI Gold Buying: वर्ल्ड गोल्ड काउंसिल या विश्व स्वर्ण परिषद (WGC) ने गुरुवार को कहा कि अक्टूबर में दुनिया भर के केंद्रीय बैंकों ने 60 टन सोना खरीदा जिसमें भारतीय रिजर्व बैंक (आरबीआई) 27 टन सोना खरीदने के साथ सबसे आगे रहा है. अंतरराष्ट्रीय मुद्राकोष (आईएमएफ) की मासिक रिपोर्ट पर आधारित डब्ल्यूजीसी के इन आंकड़ों…