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, Dec 07, 2022
The central bank governor Shaktikanta Das, while announcing the monetary policy decision today, has approved UPI (Unified Payment Interface) system for ASBA for secondary markets.
'No need to visit bank branch for ReKYC', says RBI Governor to Zee Biz. What are the rules regarding KYC? Listen to the answer of RBI Governor on the question of Zee Business in this video.
Mon, Dec 05, 2022
The Reserve Bank of India (RBI) will begin its monetary policy committee meeting today (December 5), which will last till Wednesday (December 7). RBI Governor Shaktikanta Das is expected to announce the final rate hike of 2022 to curb inflation.
Thu, Nov 17, 2022
The governor in his introductory remarks acknowledged the crucial role played by the commercial banks in supporting economic growth throughout the turbulent times since the outbreak of the pandemic and the ongoing financial market turmoil.
Tue, Nov 15, 2022
As per the Reserve Bank of India (RBI) data, deposits rose by 9.6 per cent as compared to 10.2 per cent on a year-on-year basis, while credit offtake witnessed a jump of 17.9 per cent as against 6.5 per cent a year ago.
Mon, Nov 14, 2022
The fall in consumer price index-based retail inflation to 6.77 per cent in October from 7.41 per cent in September has also brought some relief for the Reserve Bank which has been struggling to bring it below the upper tolerance level of 6 per cent since January this year. The Wholesale Price Inflation (WPI) eased to 8.39 per cent in October. How durable is this relief on the inflation front? What were the main reasons for the fall in inflation? Watch the exclusive interview with Aditi Nayar, Chief Economist, ICRA on India 360.
How good cues for the Indian market? What will be the inflation rate today? How confident is the RBI governor about inflation? Will inflation be less in India as compared to other countries? Know from Anil Singhvi.
Sat, Nov 12, 2022
The rate-setting Monetary Policy Committee headed by the RBI Governor has been mandated by the government to keep inflation within 2-6 per cent range. On the Indian economy, Das said the macroeconomic fundamentals remain strong and growth prospects are looking good.
Thu, Nov 03, 2022
What will happen in RBI's MPC meeting? What's the big concern in our market today? How will the market survive if RBI raises interest rates? How far market will fall when opens below the gap? Know from Anil Singhvi.
Wed, Nov 02, 2022
The Reserve Bank of India has called an additional meeting of its Monetary Policy Committee (MPC) tomorrow. RBI has to tell the government why RBI failed to control inflation? Apart from this, RBI will also have to give an action plan to bring inflation under control. Timeline will have to be given to bring inflation within the prescribed range. Watch this special report on India 360.
India's economy is stable even in uncertain world environment, our focus is on both price stability and growth: Shaktikanta Das, RBI Governor. Watch RBI Governor's address at the Banking Conclave of FICCI IBA.
RBI MPC Meeting, RBI Governor Shaktikant Das Speech Live: The six-member rate-setting panel is headed by RBI Governor Shaktikanta Das. Das will address the media on Thursday morning wherein he will announce the decision taken during the MPC meeting.
Acting early would have exerted costs to the economy and the people, Das said.
Mon, Oct 31, 2022
Monetary Policy Committee (MPC) Meeting: The Reserve Bank will submit a report to the government on its failure to keep the retail inflation rate below six per cent for three consecutive quarters beginning January 2022.
Fri, Sep 30, 2022
RBI has increased the repo rate by 50 basis points. Central banks around the world have increased interest rates. India's GDP growth is still the best. Inflation is a matter of concern for all sectors. Global inflation is increasing continuously. Experts believe that as long as the supply chain remains affected, inflation will increase. RBI increased repo rate to curb inflation. Who is responsible for the hike in interest rates? When will the hike in interest rates stop? Watch this special report on India 360.
RBI hiked repo rate by 50 basis points. After the repo hike, the gap between inflation and interest rate narrowed. Inflation rate at 7%, repo rate at 5.90%. This will make all types of loans expensive. In such a situation, you can reduce the tenure by increasing the EMI. You can pre-pay the loan amount. In between, you can make a one-time pre-payment. You can also make systematic part payment every month. Avoid Investing in Long Duration Debt Funds: Mrin Agarwal, Founder, Finsafe India and Monika Halan, Author and Professor, NISM.
Today RBI has increased the repo rate by 50 basis points to 5.9%. This is the fourth time since May that the RBI has increased the repo rate. Home loan, personal loan and car loan will become expensive after the repo rate hike. On the other hand, the interest paid by banks to customers on FDs will also increase. This will have an impact on all types of home loans in the coming days. Will there be a relief from inflation now? Watch this special report of Aapki Khabar Aapka Fayda.
Benchmark indices soared in today's trade after the RBI's repo rate hike news. The S&P BSE Sensex gained 1,017 points to end at 57,427 level, while the Nifty50 climbed 276 points to close at 17,094 level.
Motilal Oswal's Amit Sajeja said that there will be consolidation in the near term and by the end of this year, Rupee could test levels of 83.20 against the Dollar
RBI Monetary Policy Review, Reaction from experts, analysts and industry leaders: The monetary policy committee (MPC), comprising three members from the RBI and three external experts, raised the key lending rate or the repo rate to 5.90 per cent - the highest since April 2019 - with five out of the six members voting in favour of the hike.
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