RBI likely to maintain status quo: Experts

The RBI is slated to announce its first bi-monthly monetary policy of 2021-22 fiscal on April 7, 2021, after a three-day meeting of the Monetary Policy Committee (MPC) headed by the RBI Governor Shaktikanta Das. Continue Reading

RBI projects retail inflation in 5-5.2% range for H1 FY22

The Reserve Bank on Friday projected retail inflation to be in 5-5.2 per cent range during the first half of the next fiscal year, expecting further softening of vegetables prices in near term. Continue Reading

RBI flags concerns over high govt debt

The Reserve Bank has said the increased government borrowing due to the pandemic has intensified concerns over its sustainability and led to fears of crowding out the private sector. Continue Reading

Indian economy reviving at unforeseen pace: RBI

As economic activities gather momentum and strive to get back to pre-Covid levels, the Reserve Bank of India has said that the Indian economy is reflating at a pace higher than most predictions. Continue Reading

Industry cheers hike in contactless card transaction limit by RBI

The payments industry on Friday welcomed the Reserve Bank of India’s move to hike the limit of contactless card transaction from Rs 2,000 to Rs 5,000. Continue Reading

Modi’s global investor meet on Thursday

Prime Minister Narendra Modi will chair the Virtual Global Investor Roundtable (VGIR) on Thursday. Continue Reading

RBI Governor tests positive for Covid-19, alerts his contacts

Reserve Bank of India Governor Shaktikanta Das has tested positive for Covid-19. Announcing this, he added that he is asymptomatic and will continue to work from isolation. Continue Reading