New RBI governor seeks to improve forecasts, sources say
18 hours ago · India's new central bank governor, Sanjay Malhotra, is reviewing the Reserve Bank of India's inflation and growth forecasting tools to reduce projection errors. The RBI will include new datasets and employ machine learning to improve accuracy, particularly in volatile items like food prices, reflecting in the February policy projections.
India's central bank begins unwinding curbs on NBFCs | Reuters
17 hours ago · The Reserve Bank of India has started to ease curbs on non-banking financial companies (NBFCs) after they improved their compliance following a series of supervisory restrictions.
India's new central bank chief seeks to improve forecasts, sources …
18 hours ago · India's new central bank governor Sanjay Malhotra has initiated a review of the Reserve Bank of India's inflation and growth forecasting tools to minimise projection errors, four sources said.
Reserve Bank of India - RBI Bulletin
Dec 24, 2024 · The Reserve Bank of India has been deploying traditional as well as new age communication techniques as a key part of its toolkit to ensure transparency and greater impact of its decisions, explain the rationale behind its decisions, and disseminate various awareness messages to a wider audience. The Reserve Bank has been expanding the scope of ...
RBI: RBI News, RBI Announcements, Reserve Bank of India …
The Reserve Bank of India (RBI) slashed the Cash Reserve Ratio (CRR) by 50 basis points to 4%, injecting ₹1.16 lakh crore into the banking system. This move, announced by Governor Shaktikanta Das, reverses the tightening cycle initiated in April 2022.
RBI Policy Today: Repo Rate Unchanged, CRR Cut, FY25 GDP
Dec 6, 2024 · RBI Policy Today: In line with expectations, the Reserve Bank of India (RBI) on Friday announced a status quo on the repo rate at 6.5 per cent, while keeping the stance as ‘neutral’. This is the 11th time that the RBI MPC has kept …
Press Releases - Reserve Bank of India
Jun 19, 2024 · Today, the Reserve Bank released the June 2024 issue of its monthly Bulletin. The Bulletin includes three speeches, three articles, and current statistics. The three articles are: I. State of the Economy; II. Financial Stocks and Flow of Funds of the Indian Economy 2021-22; and III. India's Deposit Insurance @60: Retrospect and Prospect.
Reserve Bank of India
Reserve Bank Announces Targeted Long-Term Repo Operations 2.0 (TLTRO 2.0) Review of Limits of Way and Means Advances (WMA) of States/UTs; Conversion/Switch of Government of India (GoI)’s Securities; RBI reviews the Market Hours; Reserve Bank Announces Fourth Targeted Long Term Repo Operation (TLTRO)
RBI Monetary Policy Meeting Highlights ... - The Indian Express
Feb 15, 2024 · RBI Monetary Policy Meeting 2024: RBI Governor Shaktikanta Das announced MPC’s 5-1 decision to keep interest rates steady at 6.5 per cent. Despite a significant reduction since the 2022 high, Das said that inflation is moving closer to the RBI’s target but is yet to reach the 4 per cent mark.
New RBI Chief Faces Calls to Unshackle Rupee Amid Surging Dollar
2 days ago · India’s new central bank head faces a tough decision on managing the rupee’s exchange rate — focus on squeezing volatility like his predecessor did, or respond to calls for more flexibility ...