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Symbolic RBI rate hike to have adverse implications for equity markets

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RBI views inflation primarily as a monetary phenomenon and monetary policy action is needed to control inflation, regardless of supply or demand The extent of...

RBI to launch pilot project for public tech platform for frictionless...

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The Reserve Bank Innovation Hub is developing a frictionless credit platform The Reserve Bank of India (RBI) will on August 17 launch a pilot project...

Reserve Bank Innovation Hub to introduce platform for end-to-end frictionless credit...

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RBI to develop public tech platform for frictionless credit delivery In an effort to deliver end-to-end frictionless credit on digital mode to underserved regions, the...

RBI retains repo rate at 6.5%, GDP projected at 6.5%

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RBI keeps repo rate unchanged at 6.5%; FY24 CPI inflation forecast raised to 5.4% The Reserve Bank of India's Monetary Policy Committee (MPC) did not...

India and UAE to encourage local currency in bilateral trades. Delhi...

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Trade in rupees, IIT Delhi campus in Abu Dhabi: All about PM Modi’s visit to UAE India and the United Arab Emirates (UAE) on Saturday...

India, UAE sign MoU to begin trade settlement in their currencies

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RBI, Central Bank of UAE sign MoUs on promoting local currencies, interlinking payment systems On Saturday, Prime Minister Narendra Modi held talks with UAE President...

Google Pay rolls out UPI LITE in India to enable faster...

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Google Pay launches UPI Lite to boost small-value transactions On Thursday, Google Pay rolled out UPI LITE on its platform to enable users to make...

RBI issues draft circular on issuance of debit, credit cards and...

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RBI's draft norms allow customers to switch card networks The Reserve Bank of India (RBI) on Wednesday issued a draft circular on the issuance of...

76% of total Rs.2000 denomination notes in circulation returned to banks:...

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RBI says 76% of Rs.2000 notes, worth Rs.2.72 lakh cr, received by banks since May 19 The Reserve Bank of India (RBI) has said that...

Indian economy presents picture of resilience, robust financial system boosting growth:...

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RBI’s financial stability report says India's economic prospects brighten; core inflation, global volatility may pose risks The Indian economy presents a picture of resilience, supported...

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