05 Feb 2021
Reserve Bank of India (RBI) has decided to leave key rates unchanged, Governor Shaktikanta Das said on Friday, in his first address after the Union Budget was presented on Monday.
24 Dec 2020
The Indian economy, which was dealt a heavy blow by the coronavirus pandemic, is recovering faster than expected and could also register a minor positive growth in the third quarter of the current fiscal year, the Reserve Bank of India (RBI) said.
04 Dec 2020
On Friday, the Reserve Bank of India revised the real GDP growth projection for 2020-21 to -7.5%, after initially predicting that it would be -9.5%.
26 Nov 2020
RBI Governor Shaktikanta Das is happy with the way the Indian economy is performing. On Thursday, he said that the pick-up in recovery has been stronger than expected.
09 Oct 2020
RBI Governor Shaktikanta Das on Friday announced Monetary Policy Committee's decisions and spoke about the revival of the coronavirus-battered Indian economy.
14 Sep 2020
India's retail inflation stood at 6.69% in August, according to data released by the Ministry of Statistics & Programme Implementation (MoSPI) on Monday.
06 Aug 2020
On Thursday, RBI Governor Shaktikanta Das announced that repo rate and reverse repo rate will not change, a move which would keep retail prices contained.
22 May 2020
Addressing the media on Friday, RBI Governor Shaktikanta Das said the central bank has brought down the repo rate by 40 basis points.
17 Apr 2020
With the economy stung drastically by the coronavirus pandemic, RBI Governor Shaktikanta Das addressed media for the second time in a month to announce key measures.
27 Mar 2020
Earlier in the day, the Reserve Bank of India (RBI) announced a few measures in view of the 21-day lockdown over coronavirus.
27 Mar 2020
RBI has cut repo rate by 75 basis points, bringing it down from 5.15% to 4.4%, Governor Shaktikanta Das told media at a briefing on Friday. The reverse repo rate was reduced by 90 basis points to 4%.
18 Mar 2020
The ailing private lender Yes Bank on Wednesday confirmed that its banking services are now fully operational.
16 Mar 2020
Reserve Bank of India (RBI) Governor Shaktikanta Das addressed a press conference at the central bank's headquarters in Mumbai on Monday.
06 Mar 2020
Finance Minister Nirmala Sitharaman on Friday gave assurance to the depositors of cash-starved Yes Bank.
18 Feb 2020
Ailing telecom companies have paid their dues linked to adjusted gross revenue (AGR) in part to the government.
14 Jan 2020
Days after the Reserve Bank of India imposed regulatory restrictions on a co-operative bank in Bengaluru, Bharatiya Janata Party MP Tejasvi Surya assured panicked depositors that the Finance Minister was personally looking into the matter.
10 Oct 2019
Finance Minister Nirmala Sitharaman met distressed customers of the crisis-hit Punjab and Maharashtra Co-operative Bank (PMC) on Thursday and assured them she will speak to Shaktikanta Das, the Governor of Reserve Bank of India (RBI), this evening.
20 Sep 2019
The effect of Finance Minister Nirmala Sitharaman's massive announcement was seen instantly as markets rejoiced on Friday.
27 Aug 2019
Amid an economic slowdown in the country, Reserve Bank of India (RBI) stepped in to bail out Prime Minister Narendra Modi's government.
24 Jun 2019
Viral Acharya, the Deputy Governor of Reserve Bank of India (RBI), has tendered his resignation, Business Standard reported on Monday.
11 Jun 2019
The Reserve Bank of India (RBI) has decided to waive off all charges on RTGS and NEFT system fund transfers from July 1, 2019.
29 Apr 2019
The fourth phase of elections began on Monday as 72 Lok Sabha seats, spread across 9 states, went into polling. In this phase, 957 candidates are in the fray.
27 Apr 2019
The Reserve Bank of India has announced that it would issue new Rs. 20 notes shortly. The notes in the Mahatma Gandhi (New) series will be greenish yellow in color and will bear the signature of Governor Shaktikanta Das.
07 Feb 2019
Taking a major policy U-turn, the RBI's six-member Monetary Policy Committee (MPC) headed by newly-appointed Governor Shaktikanta Das lowered the repo rate by 25 basis points to 6.25%.
14 Dec 2018
The International Monetary Fund (IMF) yesterday said that "operational independence" of central banks like the Reserve Bank of India (RBI) was important for carrying out their responsibilities.
13 Dec 2018
The equity benchmark BSE Sensex today rose 263.70 points, or 0.74%, to 36,042.77 in early trade, a day after Shaktikanta Das took charge as the new Governor of RBI and promised to take all stakeholders along on key policy issues to maintain growth while keeping inflation under check.
12 Dec 2018
A day after he was appointed as the new Governor of the Reserve Bank of India (RBI), Shaktikanta Das, on Wednesday, took charge of the central bank.
11 Dec 2018
On Tuesday, Shaktikanta Das was made the Governor of Reserve Bank of India after Urjit Patel resigned on Monday. He will join office immediately.
30 Nov 2017
India's smallest currency note, Rupee 1, turns 100 today.
31 May 2017
After a hiatus of 22 years, Re 1 note will resurface in a brand new avatar.
30 May 2017
The RBI has announced it will soon issue new one rupee notes. The current notes and coins in existence will also continue.
12 Apr 2017
Cash infusion into ATMs is still running short by 30%, five months after demonetization of Rs. 500 and Rs. 1,000 notes, said Cash Logistics Association.
07 Apr 2017
The parliament on April 6 passed four bills on the GST after they were approved by the Rajya Sabha without any amendments, paving the way for its nationwide rollout.
04 Apr 2017
Three weeks after RBI lifted withdrawal-restrictions, several ATMs continue to run short of cash, especially Rs. 500 and Rs. 100 notes.
29 Mar 2017
Implementation of the GST bill may be delayed from the planned July 1 to September 1 for further fine-tuning of the bill and to give industries more time to prepare.
20 Mar 2017
The union cabinet on March 20 cleared key legislations relating to the Goods and Services Tax, including the Integrated GST, the Central GST, the State or Union Territory GST, and a law related to compensation to states.
16 Mar 2017
The GST council approved two crucial legislations - the state GST and the union territory GST bills.
13 Mar 2017
The RBI has removed the cap on withdrawal of money from savings accounts, effective today. Earlier there was a withdrawal cap of Rs. 50,000 per week.
04 Mar 2017
The GST Council has cleared the Central GST and Integrated GST law. However the legal framework for the State GST and Union Territory GST have yet to be cleared by the Law Commission.
19 Feb 2017
The GST Council has cleared a bill, seeking to provide compensation to states for losses they may incur after rolling out the GST.