New Delhi: While a policy rate hike is surely not a zero probability event, the bar for the same appears high for now, with the Reserve Bank of India (RBI) likely to look through the supply side induced increase in inflation, according to a new report. Yes Bank’s own estimates indicate headline WPI averaging 9.0.
The RBI's currency printing arm has invited global Expressions of Interest for polymer banknote substrate, marking India's first formal move towards introducing durable plastic currency notes.
Washington: Federal Reserve Chairman Kevin Warsh has enlisted former Reserve Bank of India Governor Raghuram Rajan to help review the US central bank’s balance sheet, as part of a sweeping reform programme aimed at reshaping monetary policymaking after years of elevated inflation. US Lawmakers Welcome Rajan’s Inclusion The appointment drew praise from Senate Banking Committee.
Mumbai: The Reserve Bank of India (RBI) has appointed Ravi Shankar as its new Executive Director (ED), with the appointment taking effect from July 1, the central bank announced on Wednesday. “The Reserve Bank of India (RBI) has appointed Ravi Shankar as Executive Director (ED) with effect from July 1, 2026,” it said. Before his.
New Delhi: The Parliamentary Standing Committee on Finance is scheduled to hold consultations with officials from the Reserve Bank of India (RBI) on July 2 in the national capital on the future regulatory framework for cryptocurrencies. According to a notification, the committee will be deliberating on the “oral evidence” of the representatives of the Reserve.
New Delhi: The Reserve Bank of India (RBI) is likely to maintain its wait-and-watch approach and keep the repo rate unchanged at 5.25 per cent in upcoming monetary policy meetings as easing geopolitical tensions reduce uncertainty and allow policymakers to focus on incoming economic data, according to a report. As per analysis by BofA Securities,.
The Reserve Bank of India's recent measures to attract foreign capital could bring in USD 55-65 billion of inflows, strengthen the rupee to around 92 against the US dollar and help India's balance of payments (BoP) turn surplus in FY27, according to a report by State Bank of India.
India’s GDP growth is expected to moderate in FY 2027 at 6.6 per cent after a stronger than expected 7.7 per cent expansion in fiscal 2026. The report from Crisil Ratings said that a sharp rise in crude prices, a below normal monsoon and higher inflation will weigh on consumption and growth. Growth outperformed expectations.
The Indian rupee appreciated sharply against the US dollar on Friday after the Reserve Bank of India eased investment norms for foreign portfolio investors (FPIs) and announced measures aimed at improving capital flows, boosting investor sentiment
Mumbai: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) on Friday unanimously decided to keep the policy repo rate unchanged at 5.25 per cent, in line with the expectations from economists. The Standing Deposit Facility (SDF) rate was set at 5 per cent, while the Marginal Standing Facility (MSF) rate and the bank.
New Delhi: The Reserve Bank of India’s Monetary Policy Committee is likely to maintain a wait‑and‑watch stance at its June meeting and hold rates unchanged amid rising inflationary pressures and external volatility, a report said on Monday. The report from CareEdge Ratings said inflationary concerns have intensified due to projected below‑normal monsoon and recent retail.
