RBI

Bhubaneswar: India has the potential to become the second largest economy in the world by 2031, said Reserve Bank of India (RBI) Deputy Governor Michael Debabrata Patra here today. “India can also become the largest economy of the world…

Mumbai: The EMIs on the loan will rise as the Reserve Bank of India (RBI) on Friday hiked the repo rate by 50 basis points to 5.40 per cent to contain inflation. Several banks have already raised their borrowing rates and some will…

New Delhi: Taking into account the increase in prices since the housing loan limits were last revised and considering the customer needs, central bank Reserve Bank of India decided to increase the existing limits on individual housing loans…

Mumbai: The Reserve Bank of India (RBI) on Thursday retained its key short-term lending rates during the sixth and final monetary policy review of FY22. Besides, the growth-oriented accommodative stance was retained to give a push to…

New Delhi: Reduction in Central excise as well as state VAT on petrol and diesel is expected to ease domestic inflationary pressure, RBI Governor Shaktikanta Das said on Wednesday. In a virtual address post the monetary policy meet, the…

New Delhi: Prime Minister Narendra Modi on Friday launched two innovative customer-centric initiatives of the RBI -- Retail Direct Scheme and the Reserve Bank-Integrated Ombudsman Scheme. Addressing the event via video conference, the…

Mumbai: To protect the nascent economic recovery, the Reserve Bank of India retained its key short-term lending rates during the third monetary policy review of FY22. Besides, the growth-oriented accommodative stance was retained to give…

Mumbai: The Reserve Bank of India (RBI) has cautioned the public from falling prey to offers of buying or selling old banknotes and coins. In a statement, the central bank said that certain elements are fraudulently using the name and…

Mumbai:  The Reserve Bank of India (RBI) has retained its key short-term lending rates along with the growth-oriented accommodative stance during the second monetary policy review of FY22 on Friday. Accordingly, the Monetary Policy…

Mumbai:  If you planning an online money transfer using the banking system between Saturday midnight and Sunday, you are well advised to either cancel or postpone such transfers. The Reserve Bank of India (RBI) on Monday said that due to…