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  RBI keeps repo rate unchanged for 11th time in a row at 6.5 per cent

  Business | December 06, 2024 10:29 IST

  The Reserve Bank of India on Friday announced monetary policy. It last hiked the repo rate to 6.5 per cent in February 2023 and since then it has held the rate at the same level.

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  RBI rules out review of action against Paytm Payments Bank, to issue FAQ this week

  Business | February 12, 2024 21:02 IST

  Reserve Bank of India Governor Shaktikanta Das said there was "hardly any room" to review the action taken against Paytm Payments Bank.

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  Sensex crashes over 700 points, Nifty declines 220 points after RBI keeps repo rate unchanged

  Business | February 08, 2024 13:14 IST

  The RBI announced its decision to keep the repo rate unchanged for the sixth consecutive time at 6.50 per cent.

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  RBI projects 7 per cent GDP growth for FY25, lower than FY24 projection of 7.30 per cent

  Business | February 08, 2024 12:19 IST

  The real GDP growth for FY25 is forecast at 7 per cent, with growth rates of 7.2 per cent and 6.8 per cent expected in the June and September quarters.

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  RBI Monetary Policy Meeting: Will Shaktikanta Das-led MPC keep repo rate stance unchanged?

  Business | February 08, 2024 7:21 IST

  The RBI has kept the repo rate steady at 6.50 per cent over the past year, last raising it in February 2023 from 6.25 per cent.

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  Expect Indian economy to grow 7 per cent in FY25: RBI Governor Shaktikanta Das

  Business | January 17, 2024 18:59 IST

  The governor said that structural reforms by the government in recent years have boosted the medium- and long-term growth prospects of the economy.

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  Inflation moderating, moving towards 4 per cent target: RBI Governor Shaktikanta Das

  Business | January 17, 2024 18:28 IST

  Speaking at the World Economic Forum annual meeting in Davos, the governor expressed confidence in the effectiveness of monetary policy, stating that core inflation has been steadily decreasing.

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  What is good for another market need not be good for us: RBI Governor Shaktikanta Das

  Business | January 11, 2024 14:01 IST

  The governor's comments were made in response to the recent approval by the US Securities and Exchange Commission for the creation of bitcoin exchange-traded funds (ETFs) in the United States.

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  RBI Governor Shaktikanta Das ranked top central banker globally

  Business | September 02, 2023 23:42 IST

  Das has been placed at the top of the list of three central bank governors who have been rated A+.

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  Will Rs 1,000 notes make a comeback? Here's what RBI Governor says

  Business | May 22, 2023 15:04 IST

  The Rs 2,000 currency notes were introduced in the market after Modi government's demonitisation move when Rs 500 and Rs 1,000 currency notes were banned in November 2016.

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  RBI likely to slow down pace of rate hikes, may raise rates by 0.25 pc in Sept: Deutsche Bank

  Business | August 22, 2022 21:30 IST

  RBI rate hike: In a report, the Germany-based bank said the RBI will respond with a slower pace of rate hikes from here, basing the expectation on the recently released minutes of the last meeting of the Monetary Policy Committee (MPC).

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  RBI keeps repo rate unchanged 11th time in a row at 4%; cuts FY23 GDP to 7.2%

  Business | April 08, 2022 13:33 IST

  RBI on Friday kept the benchmark interest rate unchanged at 4 per cent and decided to continue with its accommodative stance despite rising inflation.

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  Govt extends RBI governor Shaktikanta Das' term for another 3 years

  Business | October 29, 2021 8:09 IST

  Shaktikanta Das was appointed as the Reserve Bank of India (RBI) Governor in December 2018.

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  RBI keeps policy rate unchanged for 6th time in a row; cuts growth forecast to 9.5%

  Business | June 04, 2021 10:52 IST

  RBI has decided to leave benchmark interest rate unchanged at 4 per cent. This is the sixth time in a row that RBI has maintained status quo.

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  RTGS services to be available 24X7 from tonight. Details here

  Business | December 13, 2020 12:48 IST

  RTGS, which started on March 26, 2004 with a soft launch involving four banks, presently handles 6.35 lakh transactions daily for a value of Rs 4.17 lakh crore across 237 participant banks.

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  RBI hikes limit for contactless card transaction to Rs 5,000 from Rs 2,000

  Business | December 04, 2020 11:30 IST

  RBI Governor Shaktikanta Das made the announcement while announcing the decisions taken by RBI's Monetary Policy Committee (MPC).

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  RBI Monetary Policy: RBI maintains status quo 3rd time in a row, keeps Repo Rate unchanged at 4%

  Business | December 04, 2020 11:39 IST

  Monetary Policy Committee (MPC) voted unanimously to keep the policy repo rate unchanged at 4 per cent and continued with its accommodative stance to support growth. The committee, which has cut rates by 115 basis points since the Covid-19 crisis hit in March, has kept rates on hold since May.

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  Economic recovery stronger than expected: RBI Guv Shaktikanta Das

  Business | November 26, 2020 15:01 IST

  Speaking at the annual day event of Foreign Exchange Dealers' Association of India (FEDAI), Das said there are downside risks to growth across the world and also in India.

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  RBI Governor Shaktikanta Das tests positive for COVID-19

  India | October 25, 2020 19:34 IST

  Shaktikanta Das, Reserve Bank of India (RBI) Governor, tested positive for COVID-19 on Sunday.

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  Second wave of COVID-19 could hamper nascent recovery: RBI Governor Shaktikanta Das

  Business | October 23, 2020 21:19 IST

  RBI Governor Shaktikanta Das has said the risk of a second wave of COVID-19 could put sand in the wheels of the nascent recovery while his deputy M D Patra opined that it might take years to regain the output lost on account of the pandemic.