Page 14 - Rbi

Inflation momentum on downward slope, RBI projections robust: Guv Das

RBI Governor Shaktinakta Das on Monday said the central bank's retail inflation outlook for FY23 was quite "robust"

RBI DG Rabi Sankar asks for complete ban on cryptocurrencies in India

'We have examined arguments by those advocating cryptos should be regulated, and found that none of them stand up to basic scrutiny,' says RBI Deputy Governor

Banning crypto is perhaps the most advisable choice open to India: RBI DG

Cryptocurrencies are akin to Ponzi schemes or even worse and banning these is the most sensible option for India, the Reserve Bank of India's deputy govenor said on Monday.

Govt, RBI in complete harmony on cryptocurrencies, says FM Sitharaman

Finance Minister Nirmala Sitharaman said discussions with regard to private cryptocurrencies and central bank-backed digital currency have been going on with the Reserve Bank

Momentum of inflation on downward slope, says RBI Governor Shaktikanta Das

The Reserve Bank's inflation projections, Das said, are "robust" but contingent on downside and upside risks associated with the movement of global crude oil prices

Discussions on with RBI over digital currency: Finance Minister Sitharaman

Sitharaman in her Budget speech on February 1 had announced that Digital Rupee or Central Bank Digital Currency (CBDC) would be issued by the RBI in the coming fiscal year

IPO going to be very positive development in LIC history, says Sitharaman

Moving one step closer to initial public offering (IPO), LIC on Sunday filed draft papers with the market regulator Securities and Exchange Board of India (SEBI)

Jan retail inflation likely rose to 6%, but no cause for panic: RBI Guv

There's a sort of major delicate balance between inflation and growth and the Reserve Bank is fully aware of its commitment to inflation, says Shaktikanta Das

RBI's dovish inflation call raises eyebrows as price pressures build

India is beginning to diverge from many other major global central banks, which now see price pressures as more entrenched and in need of action

Top headlines: Monetary policy, LIC share sale and RIL's drone ambitions

Business Standard brings you the top headlines at this hour

Banks in India can offer foreign currency-settled rupee derivatives

Move is expected to remove segmentation between onshore and offshore markets

Monetary policy: RBI cautious on CBDC; cap on e-RUPI vouchers at Rs 1L

In line with the Budget announcement, RBI governor Shaktikanta Das said that central bank digital currency (CBDC) will be launched in the next fiscal year

Decoupling from US: RBI governor Shaktikanta Das's boldest monetary policy

RBI has the repo rate (the rate at which the RBI infuses liquidity into the system) and the reverse repo rate (the rate at which it sucks out liquidity) unchanged at 4 per cent and 3.35 per cent

Strategy, stance: The fine dictum in RBI policy

The RBI policy statement of status quo has a clear distinction between policy strategy and policy stance and can coexist simultaneously

Normalisation delayed

Monetary policy will not drive growth

RBI releases master directions for credit derivative transactions

The Reserve Bank on Thursday came out with its master directions for credit derivative transactions, a year after it released the draft guidelines.

Consumer confidence showing gradual improvement, says RBI survey

The survey also covered employment scenarios, overall price situation and own income and spending from 5,387 households across these cities

RBI measures for MSMEs, contact-intensive sectors augur well for economy

RBI's additional measures for MSMEs, contact-intensive sectors and digital transactions augurs well for the overall economic health, financial market participants said on Thursday.

Parliament LIVE: UPA term was India's 'andhkaal', says FM Sitharaman

Rampant corruption, double digit inflation, policy paralysis were part of the dark age under Congress rule, says Sitharaman

Bankers, experts hail RBI's decision to keep policy rates unchanged

Bankers and financial experts Thursday welcomed the RBI's decision to keep policy rates unchanged, saying the move is extremely positive and aimed at controlling liquidity in the system. The central bank's monetary policy committee earlier in the day decided to keep the benchmark interest rate unchanged at 4 per cent, and continue with its accommodative stance. Shanti Lal Jain, MD & CEO of Indian Bank, said with the variable reverse repo rate (VRRR) and other measures, the RBI will look to control liquidity in the system. Increasing the cap for foreign portfolio investment in the domestic bond market will help the government in its borrowing plans, he said. Jain also said allowing banks to participate in off-shore swaps and increasing the mandate limit for trade credit to MSMEs was a welcome move. Deputy MD of IDBI Bank, Samuel Joseph, said leaving the rates unchanged and with the guidance for 2022-23 inflation at 4.5 per cent, the policy is extremely positive for the ...