The Reserve Bank of India (RBI) reduced its key repo rate on Friday for the first time since May 2020, aiming to provide ...

The Indian rupee weakened to a record low on Wednesday as a sharp decline in the afternoon triggered stop losses amid a ...

Following are the highlights of the bi-monthly monetary policy announced by Governor Sanjay Malhotra on Friday: * Repo rate ...

Reserve Bank on Friday projected the growth rate for the upcoming financial year at 6.7 per cent, up from 6.4 per cent estimated for the current fiscal ending March. Healthy Rabi prospects and an ...

As India’s economy navigates a critical phase post-Budget 2025, all eyes are on the Reserve Bank of India’s (RBI) upcoming Monetary Policy Committee (MPC) meeting on February 7. Market experts ...

The all-new Monetary Policy Committee under new RBI Governor Sanjay Malhotra is set to hold key deliberations from February 4. All eyes will be on the February 7 announcement, when Governor ...

The Economic Survey tabled in Parliament on Friday, aligns with RBI's projection of headline inflation for FY26 at 4.2 per cent and 4.8 per cent in the current fiscal ahead of the Union Budget to ...

Mumbai, Jan 14 (PTI) The RBI must start a rate cut cycle with a 0.25 per cent reduction in key rates at the next policy review in February, a German brokerage said on Tuesday. Delaying rate cuts ...

This digital transformation is further evidenced by the RBI's Digital Payment Index, which has more than quadrupled from its base value of 100 in March 2018 to 445.50 in March 2024. RBI Deputy ...

RBI Dy Governor portfolio reshuffle: The Reserve Bank of India (RBI) announced the portfolio duty rejig of its three remaining deputy governors on Tuesday, January 14, with the retirement of Dr ...

The RBI will continue its currency market intervention strategy to manage excessive volatility and maintain macro-economic stability. The rupee hit a new low of 86.63 against the dollar amid ...

“When Paytm and PhonePe introduced UPI Lite on February 15, 2023, and May 2, 2023, respectively, a sustained increase in UPI Lite payment volumes and values was observed,” the RBI report observes.