Tue, Nov 26, 2024
Reserve Bank of India Governor Shaktikanta Das was admitted to Chennai's Apollo Hospital on Monday night.
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Thu, Nov 21, 2024
RBI Governor Shaktikanta Das reassures that the Indian economy is navigating smoothly despite global challenges. In this video, we discuss his comments on the current economic situation, the measures taken by the Reserve Bank of India, and how India is managing external pressures.
Wed, Nov 20, 2024
Reserve Bank of India Governor Shaktikanta Das is set to deliver a keynote address at a high-level gathering in Mumbai on Thursday. His speech will be webcast live on the central bank's verified channel on video-sharing website YouTube. Catch all the details here.
Wed, Jun 05, 2019
RBI has cut repo rate by 50 basis points in past two monetary policies, taking down the indicator to 6% currently.
A booster dose in the form of further rate cut is expected from the Reserve Bank to rekindle economic growth which has been stunted by low demand, receding production and stagnant wages.
RBI rate cut will help in liquidity injection in the economy and help revive the currently stalled credit cycle, increase broad-based investments, give a fillip to consumption expenditure.
Tue, Jun 04, 2019
Capital heavy industries are very responsive to interest rates as it affects borrowing rates, both for developers and for buyers. Any rate cut is welcome for it.
Mon, Jun 03, 2019
"The Monetary Policy Committee (MPC) will meet during June 3, 4 and 6, 2019 for the second bi-monthly Monetary Policy Statement for 2019-20. The resolution of the MPC will be placed on the website at 11.45 AM on June 6, 2019," the RBI said Monday.
Wed, May 29, 2019
RBI repo rate cut is the need of the hour as the stage is equally set for developing the Fixed Income and Debt Derivatives market to drive growth.
Mon, Apr 29, 2019
RBI Governor Shaktikanta Das has cast his vote at Mumbai’s Peddar Road. Polling for 4th phase of LS elections are underway across the country. Results will declare on May 23.
RBI Governor Shaktikanta Das joins fellow citizens to cast vote. Watch this video to know more.
Thu, Apr 18, 2019
Weakening of domestic growth impulses and global slowdown prompted RBI Governor Shaktikanta Das to vote for a 25 basis points cut in interest rate.
Wed, Apr 17, 2019
The Reserve Bank of India had issued Fluorescent Blue-coloured Rs 50 note in August, 2018.
Sat, Apr 13, 2019
Reserve Bank of India (RBI) Governor Shaktikanta Das says India's economy needs to grow more faster to tackle poverty and other issues. Watch this video to know more.
Fri, Apr 05, 2019
Experts say Maruti Suzuki share prices are expected to show Rs 7,650/stock levels in short-term perspective as auto loans are expected to become cheaper.
Thu, Apr 04, 2019
RBI's MPC decision to cut Repo Rate by 25 bps will solve the credit line crisis that has hit the banking, NBFC, infrastructure, tech and other industrial output.
The correction is caused by profit booking after the successive rally at the Indian indices. Experts are advising investors to adopt buy on dips strategy.
When repo rate is low, this should ideally mean low-cost loans in general. Every time RBI repo rate is cut, banks are expected to lower the interest rates they charge their home, auto, personal loan takers.
After RBI's decision to cut the Repo Rate by 25 bps to 6 per cent , the onus is now on the banks to concurrently reduce home loan rates further, say industry insiders.
In his second monetary policy as RBI governor, Shaktikanta Das along with MPC team trimmed down policy repo rate to 6% from previous 6.25%.
The RBI decision to cut Repo Rate by 25 bps will have a positive impact on the Indian indices as it was in a cautious mood since yesterday post-noon session
The RBI Monetary Policy review decision is in line with the expectations and it would have a positive impact on the Indian economy as a liquidity crisis has been addressed.
This decision to cut RBI repo rate is in consonance with the objective of achieving the medium-term target for consumer price index (CPI) inflation of 4% within a band of +/- 2%, while supporting growth.
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