Full text: Minutes of the Monetary Policy Committee Meeting
The fifty second meeting of the Monetary Policy Committee (MPC), constituted under Section 45ZB of the Reserve Bank of India Act, 1934, was held during...
RBI imposes penalty on IndusInd, Manappuram Finance
In the case of IndusInd Bank, the RBI said the Rs 27.30 lakh penalty is imposed for non-compliance with certain provisions of ‘Reserve Bank...
CPI inflation bounce back to 6.2 % in October
Subdued global commodity prices amid concerns over global demand should further aid in moderation of the headline inflation going ahead. In October, global commodity price...
Is There a Case for Higher Deposit Insurance Coverage in India?
These institutions were rescued by takeovers or bailouts, but the failures of several smaller cooperative banks remain a persistent issue. One consequence of banking failures...
Are we looking at a rate cut in December?
Even though this is partly due to base effect, what is more interesting to note here is that the inflation has averaged at 3.65 per...
RBI says 97.96% of Rs 2000 notes back in the banking system
The total value of Rs 2000 banknotes in circulation, which was Rs 3.56 lakh crore at the close of business on May 19, 2023, when...
RBI Governor Shaktikanta Das speech full text at Global Fintech Fest
RBI Governor Shaktikanta Das speech full text at Global Fintech Fest...
RBI gives fintech SRO status to FACE
Of the remaining two applications, one application has been returned with a provision for resubmission after meeting certain requirements. The third application is under examination,...
RBI Governor Das Unveils Unified Lending Interface to Streamline Credit Access
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RBI MPC Minutes; Increasing divergence in growth assessments, says Madhavi Arora of Emkay Global
Continued moderation in core inflation was unanimously recognized, but the possibility of higher food prices spilling over to core remains a key concern. Real rate...