Tag: RBI Governor
RBI Hikes Key Lending Rate By 25 Basis Points To 6.5%
The Reserve Bank of India (RBI) on Wednesday raised its key benchmark lending rate by 25 basis point to 6.5 per cent in its third monetary policy review of 2018-19.....
Most NPAs Originated In 2006-08, Banks To Blame: Raghuram Rajan
Former RBI Governor Raghuram Rajan has said that a big number of non-performing assetes (NPAs) originated in 2006-08 when India's economic growth was strong while some banks proved inadequate in making proper due diligence....
Urjit Patel's Resignation Signals Dangerous Trend: AIBEA
Although the All India Bank Employees Association (AIBEA) had earlier demanded RBI Governor Urjit Patel's resignation, his calling it quits on Monday has left the banking body shocked and disturbed and it has termed it a "dangerous trend".....
Shaktikanta Das Appointed New RBI Governor
The government on Tuesday appointed Shaktikanta Das, who as Economic Affairs Secretary steered the monetary situation post-demonetisation, as the new RBI Governor, a day after Urjit Patel resigned amidst a tiff with the government on the RBI's autonomy.....
RBI Slashes Lending Rate By 35 Bps To 5.40%
The Reserve Bank of India on Wednesday broke with convention by reducing its key lending rates by 35 basis points which is expected to make home and auto loans cheaper and rev-up the economy by unleashing consumption.....
Discussing Privatisation Of Public Sector Banks With Centre, Says RBI Governor
Showing confidence on India economic recovery, Reserve Bank of India Governor Shaktikanta Das said that the growth projection of 10.5 per cent for the next financial year would not have to be revised given the strong economic recovery of the country.....
Shaktikanta Das Takes Over As RBI Governor
Former Economic Affairs Secretary Shaktikanta Das on Wednesday assumed charge as RBI Governor after Urjit Patel abruptly resigned from the post amidst a tiff with the government on the central bank's autonomy.....
RBI Cuts Lending Rate To 6.25%, Shifts Stance To 'neutral'
In the final monetary policy review of the current fiscal, the Reserve Bank of India (RBI) on Thursday lowered its key lending rate for commercial banks to 6.25 per cent.....
RTGS To Become Functional Round The Clock From Today
The Real Time Gross Settlement System (RTGS) for high-value transactions will be available round-the-clock from today, making India one of the few countries in the world to operate the system 24X7.....
RBI Keeps Policy Rate Unchanged 8th Time In A Row; Maintains Accommodative Stance
The Reserve Bank of India (RBI) retained its key short-term lending rates during the October monetary policy review of FY22. ....
