Two of his RBI colleagues and an independent member in the rate-setting Monetary Policy Committee (MPC) had also favoured a 35-basis point
By FPJ Bureau
The years of 2014-19 are representative of several measures taken by the government to make it easier to do business. There were a pletho...Read More
"Wide divergences were observed between reported and assessed position of assets classification and provisions," the 5th progress report ...Read More
Sensex erased gains of 300 points in the later part of the session to close higher by only 52.16 points or 0.14 per cent.
While SBI was to first one to link its loans and deposits to the repo rate from May and home loans from July.
The Finance Ministry is holding back-to-back discussions with the Prime Minister's office and the Reserve Bank of India to come out with ...Read More
As the liquidity crunch in the non-banking finance company (NBFC) sector, which came to light with the IL&FS crisis, continues to drag th...Read More
The Delhi High Court rapped the RBI on Friday for its "callous", "careless" and "negligent" attitude in not filing a response, from Febru...Read More
The country's foreign exchange reserves declined by USD 697.2 million to USD 428.952 billion in the week to August 2, due to fall in fore...Read More
Few days back, Reserve Bank governor Shaktikanta Das said that the government and the central bank are working together to bring back the...Read More
The Monetary Policy Committee (MPC) resolution on August 07, 2019 with a 4:2 votes decided to reduce policy repo rate by 35 basis points,...Read More
The bank's aim has always been to provide financial inclusion to the underserved sections of the society, including small business units,...Read More
By Staff Reporter
As it is already stated in the MPC resolution, which is already put in the public domain, there is demand and investment slowdown.
The Monetary Policy Committee of the RBI on Wednesday cut the repo rate by 35 basis points, to make it 5.40 per cent. This is the fourth ...Read More
Mumbai: Governor Shaktikanta Das Wednesday said the Reserve Bank will not allow any large and systemically important entity from the trou...Read More
The RBI has decided to allow round-the-clock fund transfers through NEFT from December this year in order to promote digital transactions...Read More
The Monetary Policy Committee headed by RBI Governor Shaktikanta Das Monday started deliberations on the third bi-monthly policy review o...Read More
Raiding the reserves of the central bank only illustrates the "desperation" of a government, and we should be very wary and careful while...Read More
"The RBI has been the major reason for the slowdown. The Monetary Policy Committee of the RBI has been working on the wrong model and fau...Read More
By Narsi Benwal
A bench of Chief Justice Pradeep Nandrajog and Justice Nitin Jamdar also took a jibe at the apex bank's 'demonetisation' move.