Private cryptocurrencies like Bitcoin, which are unregulated, mined through a complex process and have highly volatile prices, are under the regulatory gaze in India despite their proliferation as an asset class
The reverse repo rate will also continue to earn 3.35 percent for banks for their deposits kept with RBI
The RBI is slated to announce its first bi-monthly monetary policy of the 2021-22 fiscal on 7 April after a meeting of the Monetary Policy Committee headed by RBI Governor Shaktikanta Das
RBI governor Shaktikanta Das says second COVID-19 wave one of key risks to India's economic recovery
Shashanka Bhide, a member of the Monetary Policy Committee, also said uncertainties relating to COVID-19 will impact growth and inflation scenarios in the next two to three quarters
The Reserve Bank of India Governor Shaktikanta Das on Friday said the central bank reduced the repo rate by 40 bps to 4 percent to ease the financial stress caused by the Covid-19 pandemic
RBI announces calender of MPC meetings for FY21; next meet of rate-setting panel scheduled for 3-5 June
The Reserve Bank of India on Monday announced the calendar of the meetings of the Monetary Policy Committee (MPC) for the current financial year, and decision of the first meet will be announced on 5 June
The retail inflation based on Consumer Price Index (CPI) was 6.58 percent in February 2020 and 2.86 per cent in March 2019.
Coronavirus Outbreak: RBI to use any means necessary to revive growth, preserve financial stability, says Shaktikanta Das
All-out efforts are needed to mitigate the adverse impact of the Covid-19 pandemic, and the RBI will use any instrument necessary to revive growth and preserve financial stability, according to the minutes of the central bank's policy meeting
The RBI on Friday allowed banks to put on hold EMI payments on all term loans for three months as it slashed the cost of fresh borrowing by cutting policy interest rate by steepest in more than 11 years, joining the efforts of the government to counter the economic fallout of the fast-spreading coronavirus pandemic
Coronavirus Outbreak: RBI cuts repo rate by 75 bps; full text of Shaktikanta Das monetary policy statement
The RBI on Friday put on hold EMI payments on all term loans for three months and cut interest rate by steepest in more than 11 years as it joined the government effort to rescue a slowing economy that has now got caught in coronavirus whirlwind
Coronavirus Outbreak: RBI cuts repo rate by 75 bps to 4.40%; full text of seventh bi-monthly policy statement
All members voted for a reduction in the policy repo rate and maintaining the accommodative stance as long as it is necessary to revive growth and mitigate the impact of COVID-19 on the economy, while ensuring that inflation remains within the target
RBI likely to announce liquidity-boosting steps to help stabilise financial markets amid coronavirus outbreak
A rate decision is unlikely to be taken by the RBI before its scheduled meeting, both the officials said.
RBI may not follow Fed with rate cut next month; rally in bond yields likely to prove premature: Economists
The RBI has repeatedly said there is space for more rate cuts if inflation eases. The February reading, to be released later in the month, might prove critical.
RBI monetary policy: Corporate India pitches for rate cut going forward; welcomes economy-boosting measures
India Inc on Thursday welcomed the measures announced by the RBI to boost growth and improve liquidity, but called for slashing the policy rate, which was kept unchanged for the second time in a row
RBI monetary policy: Bankers, analysts hail liquidity boosting policy measures; say its 'quite progressive and forward looking'
Bankers and analysts were positively surprised with the slew of liquidity-enabling measures announced in an otherwise expected RBI monetary policy that left the key rates unchanged at 5.15 percent
Economists and financial experts have welcomed RBI's widely expected status quo on repo rate, and other announcements to spur economic growth and ensure money supplies effectively
RBI Governor Shaktikanta Das on Thursday said the central bank has no plans to monetise the rising fiscal deficit
In a bid to increase lending to MSME as well as to auto and home segment, Reserve Bank on Thursday tweaked maintenance of cash reserve ratio (CRR) norms by providing relaxation in calculation of total deposits
RBI keeps benchmark interest rate unchanged at 5.15%; other key highlights of monetary policy review
The Reserve Bank of India, for the second straight time, on Thursday kept its key policy rate unchanged at 5.15 percent, maintaining its accommodative policy stance as long as it was necessary to revive growth
RBI monetary policy: Governor Shaktikanta Das says central bank has many other tools to revive growth, not just interest rates
After leaving benchmark interest rates rates unchanged in the second consecutive policy review, RBI governor Shaktikanta Das on Thursday said the central bank has many other instruments to address the sluggishness the economy, not just interest rates