shaktikanta das

MUMBAI: The RBIhas tightened the guidelines to be followed by loan recovery agents acting on behalf of lenders. The new guidelines bar recovery agents from engaging in public humiliation of borrowers or calling them before 8 am or after…

India’s Consumer price-based (CPI) inflation eased to 6.71 percent in July on an annual basis, from 7.01 percent in June, owing to easing food and oil prices. Sequentially, the headline inflation slowed to 0.46 percent from 0.52 percent…

Over seven per cent of Indians owned digital currency in the form of cryptocurrency in 2021, the United Nations trade and development body UNCTAD revealed. UNCTAD highlighted that the use of cryptocurrencies globally, including the…

The Reserve Bank of India’s move to hike the repo rate by another 50 basis points will cool stubbornly high inflation and support the rupee, top industry executives said. The move may, however, hit consumption, and thus growth, with…

India's central bank may raise key policy rate by up to another 60 basis points by the end of this calendar year, before pausing, but the pace of rate hikes is likely to slow down, analysts said. "We are retaining our view of a terminal…

NEW DELHI: The RBIstuck to the growth and inflation forecasts for the year but sounded a strong note of caution on the overall price situation, citing multiple factors including the evolving geopolitical developments, commodity prices…

MUMBAI: In a move that will increase the cost of borrowings for businesses and individuals, including home and auto loans, the Reserve Bank of India has hiked its repo rate by 50 basis points from 4.9% to 5.4%. It's the third hike in…

MUMBAI: The "unacceptably high" inflation trending around 7 per cent mark led the Reserve Bank of India to hike rates by an aggressive 0.50 per cent on Friday, according to governor Shaktikanta Das. Stating that there are signs that…

The Reserve Bank of India's proposal to bring credit information companies (CICs) under the integrated ombudsman scheme, which will bring consumer complains against such companies under a centralised process of the regulator, will speed…

India's central bank head on Friday referred to the country's economy as an island of stability despite two Black Swan events and multiple shocks. "In an ocean of high turbulence and uncertainty, (the) Indian economy is an island of…