Reserve Bank Of India

RBI retains repo rate at 6.5 pc for 7th consecutive time

April 05, 2024

RBI retains repo rate at 6.5 pc for 7th consecutive time

The rate increase cycle was paused in April last year after six consecutive rate hikes aggregating to 250 basis points since May 2022.

April 02, 2024
Explained | RBI’s 90th anniversary

PM Modi releases a commemorative coin to mark 90 years of the RBI
March 01, 2024
To reduce dependency, Paytm, Paytm Payments Bank to discontinue inter-company pacts

The shareholders of PPBL have agreed to simplify the shareholders agreement to support PPBL's governance, independent of its shareholders
February 26, 2024
Paytm founder Vijay Shekhar Sharma steps down from board of payments bank

The RBI had asked Paytm Payments Bank to wind down operations by March 15 due to persistent non-compliances and continued material supervisory concerns.
February 16, 2024
RBI extends deadline for Paytm Payments Bank wind down to March 15

The central bank said this is being done keeping in view the interest of customers.
February 08, 2024
RBI retains repo rate at 6.5% for sixth consecutive time

RBI Governor Shaktikanta Das on Thursday said the Monetary Policy Committee (MPC) has decided to keep the repo rate unchanged at 6.5 per cent.
February 04, 2024
What led to RBI crackdown on Paytm bank?

Tthe RBI directed PPBL to stop accepting deposits or top-ups in customer accounts, wallets, FASTags and other instruments after February 29.

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