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  Not targeting any level, but RBI will not allow 'jerky movements' of Rupee: Dy Guv Patra

  Business | June 24, 2022 17:46 IST

  Michael D Patra, who looks after the monetary policy department in the RBI, also stressed that the Indian currency has witnessed the least depreciation in recent times.

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  RBI allows credit cards to be linked with UPI platform

  Business | June 08, 2022 12:36 IST

  UPI has become the most inclusive mode of payment in India, with over 26 crore unique users and 5 crore merchants onboarded on the platform, RBI Governor Shaktikanta Das said.

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  RBI hikes repo rate by 50 basis points to 4.90% to tame inflation; EMIs set to go up

  Business | June 10, 2022 17:37 IST

  RBI's decision to raise the interest rate is aimed at doubling down the fight to contain inflation that has surged in the last couple of months.

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  RBI appoints Ranjan, Pattanaik as executive directors

  Business | May 13, 2022 19:43 IST

  Prior to being promoted as ED, Pattanaik was an Adviser in the Department of Economic and Policy Research (DEPR), while Ranjan was serving as Adviser-in-Charge of Monetary Policy Department and Secretary to the MPC.

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  Will RBI increase interest rate in first monetary policy of current fiscal? What experts say

  Business | April 06, 2022 17:34 IST

  The Monetary Policy Committee (MPC), headed by RBI Governor Shaktikanta Das, is holding its first meeting in the current financial year. The meeting will be on from April 6 to 8 and the outcome will be announced on April 8.  

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  RBI keeps repo rate unchanged at 4% for 10th time in a row; FY23 GDP growth pegged at 7.8%

  Business | February 10, 2022 11:54 IST

  This is the tenth consecutive time since the rate remains unchanged. The central bank had last revised the policy rate on May 22, 2020, in an off-policy cycle to perk up demand by cutting interest rate to a historic low.

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  RBI postpones Monetary Policy Committee meet over Lata Mangeshkar's demise

  Business | February 06, 2022 23:39 IST

  Lata Mangeshkar, whose voice struck an instant chord of recognition with generations of South Asians and is considered one of India's greats, died in a Mumbai hospital on Sunday due to multiple organ failure.

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  IMF Chief Economist Gita Gopinath calls on PM Modi

  India | December 15, 2021 23:47 IST

  The meeting comes days after the IMF announced that she is being promoted as its First Deputy Managing Director.

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  RBI keeps lending rates unchanged at 4% for ninth time in a row

  Business | December 08, 2021 10:46 IST

  This is the ninth consecutive time since the rate remains unchanged. The RBI had last revised the policy rate on May 22 last year.

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  Monetary Policy: RBI keeps policy rate unchanged 8th time in a row at 4%

  Business | October 08, 2021 15:17 IST

  The Reserve Bank of India has kept the policy rate unchanged 8th time in a row at 4 per cent.

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  RBI lowers GDP growth projection to 9.5 pc for 2021-22

  Business | June 04, 2021 12:30 IST

  The Reserve Bank on Friday lowered the country's growth projection for the current financial year to 9.5 percent from 10.5 percent.

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  RBI projects retail inflation at 5.1 pc in FY22

  Business | June 04, 2021 12:18 IST

  The Reserve Bank of India on Friday projected the retail inflation at 5.1 per cent in the current financial year ending March 31, 2022.

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  Sensex jumps around 200 points in opening trade, Nifty tests 14,750

  April 07, 2021 10:49 IST

  30-share BSE index was trading 199.01 points or 0.40 per cent higher at 49,400.40 and broader NSE Nifty advanced 68.90 points or 0.47 per cent to 14,752.40.

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  RBI maintains status quo on policy rate, repo unchanged at 4%

  Business | April 07, 2021 10:16 IST

  The Reserve Bank of India has maintained status quo fifth time in a row on policy rate. The bank has kept repo unchanged at 4 per cent.

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  RBI's MPC starts deliberating on next monetary policy

  Business | April 05, 2021 17:25 IST

  RBI Governor Shaktikanta Das-headed rate-setting panel MPC started its three-day deliberation on the next monetary policy on Monday amid sudden surge in COVID-19 cases and the government's recent mandate asking the central bank to keep retail inflation around 4 per cent.

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  RBI's MPC starts deliberations on monetary policy

  Business | February 03, 2021 17:07 IST

  ​The Reserve Bank's rate-setting Monetary Policy Committee (MPC) began its meeting on Wednesday and is likely to hold interest rates and continue with accommodative policy stance so that necessary monetary action could be taken to push growth.

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  RBI's next monetary policy panel meeting from Oct 7-9 as Centre appoints external members

  Business | October 06, 2020 13:16 IST

  The Reserve Bank of India will announce the monetary policy on October 9 as the Monetary Policy Committee (MPC) will meet during October 7-9.

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  Govt appoints Ashima Goyal, Jayanth R Varma, Shashanka Bhide as members of MPC of RBI

  Business | October 06, 2020 10:15 IST

  The appointment has come after the government faced widespread criticism over failing to act on time to appoint an external panel to the Monetary Policy Committee (MPC).

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  RBI reschedules MPC meeting, new dates to be announced shortly

  Business | September 28, 2020 14:55 IST

  The central bank, however, did not give any reason for rescheduling the meet. The interest-setting panel was scheduled to meet for three-days beginning Tuesday for RBI’s bi-monthly monetary policy review.

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  RBI Governor headed MPC begins deliberations on monetary policy

  Business | August 04, 2020 17:31 IST

  The six-member Monetary Policy Committee (MPC) headed by the RBI Governor is scheduled to announce its decision on August 6.