RBI

In a spirited rebuttal of the charge that the Reserve Bank of India (RBI) was too slow to act against inflation, governor Shaktikanta Das on Friday said that any move to prematurely tighten monetary policy would have been disastrous for…

The RBI on Friday came out with its ‘Payments Vision 2025’ document which seeks a three-fold jump in the number of digital payments, increase in debit card usage and less cash in circulation. The document also talks about ring-fencing…

The country’s foreign exchange reserves declined by USD 4.599 billion to USD 596.458 billion in the week ended June 10, RBI data showed on Friday.In the previous week, the reserves had decreased by USD 306 million to USD 601.057 billion.…

RBI Governor Shaktikanta Das said that harsh recovery methods used by a few lenders is a serious area of concern for the central bank. He mentioned how certain regulated, as well as unregulated entities use unacceptable recovery methods…

Movements on the government securities (g-sec) yield curve are indicating an improvement in the long-term economic prospects of the country, a paper written by RBI staffers including Deputy Governor Michael Patra, said on Thursday. The…

The Reserve Bank of India (RBI) on Tuesday flagged instances of poor due diligence by banks while funding government-owned entities. As a corrective measure, the regulator has asked banks to compile comprehensive reports on the status of…

The government on Tuesday appointed Anand Mahindra, Venu Srinivasan, Pankaj Ramanbhai Patel and Ravindra Dholakia as part-time non-official directors on the central board of Reserve Bank of India (RBI). The appointment will remain valid…