Reserve Bank Of India

A near-Goldilocks economy? Rates unchanged but RBI makes 2 major moves on 'Cloud' & Fintechs

December 09, 2023

A near-Goldilocks economy? Rates unchanged but RBI makes 2 major moves on 'Cloud' & Fintechs

In a world beset by economic volatility, India has managed to stay the course of high growth and succeeded in moderating inflation.

December 01, 2023
Indian economy tops expectations, grows by 7.6% in Q2

Gross domestic product, or GDP, growth of 7.6 per cent beat most estimates, including 6.5 per cent projected by the Reserve Bank of India (RBI).
November 18, 2023
Former RBI Governor S Venkitaramanan dies at 92

Venkitaramanan was the 18th RBI Governor and served from 1990 to 1992. He has also served as the Finance Secretary in the Ministry of Finance from 1985 to 1989.
October 08, 2023
Exchange or deposit of Rs 2000 notes only through RBI's 19 issue offices

A maximum of 10 Rs 2000 notes (Rs 20,000 in value) can be exchanged for smaller denominations through the issue offices.
October 06, 2023
RBI retains repo rate at 6.5% for fourth time

The growth projection has been retained at 6.5 per cent for the current financial year with risks evenly balanced.
September 30, 2023
RBI extends deadline to exchange, deposit Rs 2,000 notes till Oct 7

The RBI last month informed that 93 per cent of these currency notes in circulation had returned to the banking system
September 24, 2023
Reserve Bank set to cancel KTDFC’s licence

The banking regulator's action was triggered by KTDFC's inability to repay Rs 130 crore to Sri Ramakrishna Mission based in Kolkata, even months after the expiry of its term.

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