‘No change in RBI’s view on cryptocurrencies’

The RBI had first come out with a circular on the issue in 2018, cautioning people about investing in cryptocurrencies, which do not have any sovereign character. It had barred entities regulated by it from dealing in such instruments. Continue Reading

RBI keeps key policy rate unchanged

The Reserve Bank of India today kept its key policy rates unchanged for the sixth consecutive time and at record lows, as it continued with its ‘accommodative stance to revive and sustain growth on sustainable basis’ amid the second wave of the Covid-19 pandemic. Continue Reading

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