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March 8, 2025, 01:56 PM - 4 min read
India is on track to resolve one of its most severe liquidity deficits in recent years, following aggressive interventions by the Reserve Bank of India (RBI).
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February 22, 2025, 06:48 PM - 3 min read
The government has appointed former Reserve Bank of India (RBI) Governor Shaktikanta Das as the second Principal Secretary to Prime Minister Narendra Modi.
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December 17, 2024, 04:29 PM - 3 min read
The rise of digital financial solutions like "buy now, pay later" (BNPL) schemes and increased credit card usage has led to a worrying trend—reduced savings among younger generations.
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December 11, 2024, 04:19 PM - 3 min read
Sanjay Malhotra has officially assumed office as the 26th Governor of the Reserve Bank of India (RBI) for a three-year term. At 56, Malhotra brings with him a wealth of experience as a seasoned bureaucrat, having served over three decades in civil service.
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November 21, 2024, 06:23 PM - 3 min read
The Reserve Bank of India (RBI) has signalled that the economic slowdown seen during the first half of fiscal year 2024-25 is now behind the country, with signs of strong recovery.
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November 17, 2024, 11:10 PM - 3 min read
A bomb threat made to the Reserve Bank of India's helpline on Saturday has drawn significant attention from law enforcement and security agencies. The caller, who introduced himself as the "CEO of Lashkar-e-Taiba," warned about a bomb at the central bank around 11 a.m. The individual also sang a song before issuing the threat, according to reports.
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October 23, 2024, 06:52 PM - 3 min read
The Reserve Bank of India (RBI) recently held a crucial meeting of its Monetary Policy Committee (MPC) to discuss the nation's economic outlook and inflationary pressures.
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August 30, 2024, 02:56 PM - 3 min read
Prime Minister Narendra Modi visited the Global Fintech pavilion at the Jio World Convention Centre in Mumbai on Friday. This visit was part of the Global Fintech Fest 2024, where PM Modi interacted with industry experts and even experienced virtual reality at one of the stalls.
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June 20, 2024, 01:21 PM - 2 min read
“We believed that if left unchecked, these vulnerabilities could escalate into a bigger problem. Therefore, we decided to act preemptively to slow down credit growth,” Das explained. He expressed satisfaction with the outcome, noting a deceleration in unsecured lending growth as intended.
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June 7, 2024, 10:53 AM - 2 min read
Announcing the second bi-monthly monetary policy for the current financial year, RBI Governor Shaktikanta Das said the Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 6.5 per cent.
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May 9, 2024, 01:27 PM - 2 min read
"The meeting entailed comprehensive discussions on strategies to broaden and deepen the adoption and usage of UPI. Valuable inputs and suggestions were exchanged among stakeholders," the statement noted.
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April 9, 2024, 12:44 PM - 2 min read
“We continue to see banking channels being used by certain persons or entities to fund activities on unauthorised FX trading platforms. This warrants enhanced vigilance by the banks,” Das said at the FIMMDA-PDAI Annual Conference in Barcelona on Monday.
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