In order to control the ever-increasing inflation in the country, in the first week of May, the Reserve Bank of India (RBI) had hurriedly called a meeting of the MPC and increased the repo rates by 0.40 percent. At the same time, RBI Governor Shaktikanta Das has again indicated an increase in policy rates. After …
Reserve Bank of India Governor Shaktikanta Das on Monday said the country’s economy is in a better shape despite the challenges posed by the Russia-Ukraine war and the RBI will ensure sufficient liquidity to support the economy. He said that the challenges that remain for the world at this point of time are the rise …
Economy is in Better Shape, We Are Ready To Deal With Any Challenge: RBI Governor Read More »
The 589th meeting of the Central Board of Directors of Reserve Bank of India was held today under the Chairmanship of Shri Shaktikanta Das, Governor, through video conferencing. The Board in its meeting reviewed the current economic situation, global and domestic challenges and recent policy measures taken by the Reserve Bank to mitigate the adverse …
The Reserve bank of India Governor, Mr. Shaktikanta Das on Monday met Managing Directors (MD) and Chief Executive Officers of Non- Banking Financial Company- Micro Finance institution (NBFC- MFI) via video conference. The meeting was attended by Deputy Governors M K Jain and Dr M D Patra and a few other senior officials of RBI. …
RBI Governor meets MDs and CEOs of NBFC- Micro Finance Institution Read More »
Reserve Bank of India Governor Shaktikant Das has announced after the monetary policy review meeting on Friday that the real time gross settlement (RTGS) facility in the country will be made available 24 hours from December 2020. RTGS is a major service for online fund transfer. Earlier, RBI has instructed all banks to make free …