RBI can’t give definite timeline for launch of Digital Rupee, says Shaktikanta Das
Das however added that the central bank cannot give a definite timeline as to when Digital Rupee will be released while cautioning investors that such assets have no underlying whatsoever, not even a tulip.
Feb 10, 2022, 15:13 PM IST
RBI first Monetary Policy after Budget: No respite to home and auto loan borrowers; RBI keeps interest unchanged at 4%
The central bank announcing the outcome of its bi-monthly Monetary Policy rates on February 10 said that it has decided to keep the repo rate unchanged at 4 percent and the reverse repo rate at 3.35 percent.
Feb 10, 2022, 10:08 AM IST
RBI Monetary Policy today: Central Bank may keep policy rates steady
This policy review is particularly important as it comes just nine days after the 2022 budget announcements. This is the last policy review of the financial year 2021-22.
Feb 10, 2022, 09:05 AM IST
RBI likely to leave policy rates unchanged till April: Report
The key repo rate has been at 4 per cent since May 2020, an all-time low, even though bond yields have been heading north for many months now.
Feb 04, 2022, 15:36 PM IST
RBI's Big Announcement: UPI-based payment products for feature phone users to be launched soon
Das also proposed to release a discussion paper on various charges in the payment system to have a holistic view of the issues involved and possible approaches to mitigating the concerns so as to make digital transactions more affordable.
Dec 08, 2021, 11:30 AM IST
Indian economy on recovery path but it can't be immune to global situation: RBI Governor
Das, announcing the outcome of the Reserve Bank of India (RBI) Monetary Policy said that Globally, economies are opening up, activities level are reaching pre-pandemic level.
Dec 08, 2021, 11:16 AM IST
RBI Monetary Policy December 2021: No respite to home and auto loan borrowers; RBI keeps interest unchanged at 4%
The central bank announcing the outcome of its bi-monthly Monetary Policy rates on December 8 said that it has decided to keep the repo rate unchanged at 4 percent and the reverse repo rate at 3.35 percent.
Dec 08, 2021, 10:10 AM IST
RBI Monetary Policy: Central Bank may keep policy rates steady amid Omicron scare
In the last policy review in October, the RBI had kept the key lending rates unchanged for eight consecutive times.
Dec 08, 2021, 08:40 AM IST
RBI Monetary Policy December 2021: Central bank to hold rates, hike early next year
This comes when retail inflation - the central bank`s preferred gauge - has been within its 2%-6% target range since July.
Dec 06, 2021, 12:25 PM IST
RBI Monetary Policy October 2021: Key highlights of RBI Governor Shaktikanta Das's announcement
This is the eighth time in a row that MPC has decided to keep the policy rate unchanged.
Oct 08, 2021, 10:53 AM IST
RBI Monetary Policy October 2021: No respite to home and auto loan borrowers; RBI keeps interest unchanged at 4%
This is the eighth time in a row that MPC has decided to keep the policy rate unchanged. RBI had last revised its policy rate on May 22, 2020, in an off-policy cycle to perk up demand by cutting interest rates to a historic low.
Oct 08, 2021, 10:07 AM IST
RBI monetary policy October 2021: Will RBI offer respite on key interest rates? Here is what is expected
Reserve Bank's rate-setting panel started its three-day deliberations on the monetary policy on Wednesday. The decision of the six-member Monetary Policy Committee (MPC) would be announced at 10 am by RBI Governor Shaktikanta Das.
Oct 08, 2021, 08:36 AM IST
RBI Monetary Policy August 2021: No respite to home and auto loan borrowers; RBI keeps interest unchanged at 4%
The central bank announcing the outcome of its RBI bi-monthly Monetary Policy rates on August 6 said that it has decided to keep the repo rate unchanged at 4 percent and the reverse repo rate at 3.35 percent.
Aug 06, 2021, 10:12 AM IST
RBI keeps policy rate unchanged for 6th time in a row: Here is how Industry leaders reacted
This is the sixth time in a row that the Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das has maintained status quo. RBI had last revised its policy rate on May 22, 2020, in an off-policy cycle to perk up demand by cutting interest rate to a historic low.
Jun 04, 2021, 13:47 PM IST
RBI Monetary Policy June 2021: No respite to home and auto loan borrowers; RBI keeps interest unchanged at 4%
The central bank announcing the outcome of its RBI bi-monthly Monetary Policy rates on June 4 said that it has decided to keep the repo rate unchanged at 4 percent and the reverse repo rate at 3.35 percent.
Jun 04, 2021, 10:13 AM IST
RBI monetary policy June 2021: Will RBI offer respite on key interest rates? Here is what is expected
The MPC kept the key benchmark rate unchanged in its last five reviews. RBI had last revised its policy rate on May 22, 2020, in an off-policy cycle to perk up demand by cutting interest rates to a historic low.
Jun 04, 2021, 08:44 AM IST
Airtel Payments Bank increases day-end balance limit to Rs 2 lakh from Rs 1 lakh
The Bank deposits are insured under the Deposit Insurance and Credit Guarantee Corporation (DICGC) which is a wholly owned subsidiary of the RBI.
Apr 19, 2021, 13:10 PM IST
Mobile wallet accounts limit raised to Rs 2 lakh, know how your mobile wallet may soon turn into a bank
Henceforth, Payments Banks can hold a maximum balance of Rs 2 lakh per individual customers at the end of the day.
Apr 08, 2021, 12:20 PM IST
RBI hikes Payments Banks deposit limit per customer from Rs 1 lakh to Rs 2 lakh
Henceforth, Payments Banks can hold a maximum balance of Rs 2 lakh per individual customers at the end of the day.
Apr 07, 2021, 17:02 PM IST
Local lockdowns across the country, but RBI says no need for loan moratoriums at present
Amid an increase in localised lockdowns across the country, Reserve Bank Governor Shaktikanta Das on Wednesday said there is no need for a loan repayments moratorium at present, stating that businesses are better prepared to face the situation.
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