Das has repeatedly said the RBI wants to see inflation settling around the 4% target level on a durable basis before considering a cut. India’s central bank governor Shaktikanta Das…
NEW DELHI: The Reserve Bank of India's (RBI) governor Shaktikanta Das on Friday said that interest rate cut at this stage will be 'premature, and very, very risky'.Speaking at the…
RTGS, which is used for real-time fund transfers between banks, is operated by the RBI. (AI image) RTGS in dollars soon? Real Time Gross Settlement System or RTGS could possibly…
MUMBAI: India's foreign exchange reserves declined for the first time in eight weeks, falling by $3.7 billion to $701.2 billion in the week ended Oct 4, according to RBI data.…
MUMBAI: Bandhan Bank has appointed Partha Pratim Sengupta as MD and CEO, following approval from RBI. Sengupta will be taking over from interim CEO Ratan Kumar Kesh, who took charge…
NEW DELHI: Realtors' apex body Credai on Wednesday said the RBI should have cut key interest rates to boost housing demand during the current festive season and demanded that the…
MUMBAI: Electronic Payment and Services (EPS) has become the fifth company to receive a license to operate white-label ATMs (WLAs) in India, marking the first such approval in a decade.…
Reserve Bank of India governor Shaktikanta Das India’s new monetary policy committee may lay the ground for an interest rate cut on Wednesday as a wave of global easing kicks…
NEW DELHI: The Reserve Bank of India might maintain steady repo rates in the monetary policy meeting on Wednesday. However, a few investors are speculating a shift to neutral, which…
MUMBAI: Banks that have a large conglomerate structure will now have to consolidate similar activities under one entity, according to RBI's new draft circular for banks. RBI has also asked…