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The Latest Breaking News from RBI

RBI surprises with 40 bps rate increase amid inflation ‘alarm’

RBI governor Shaktikanta Das says MPC of RBI met in an off-cycle meet and decided to increase policy rates to help curb rising inflation

The Hindu

Business: RBI raises repo rate by 40 basis points to 4.40 pc with immediate effect

Reserve Bank of India (RBI) on Wednesday increased the policy repo rate by 40 basis points to 4.40 per cent with immediate effect. Read more on Dynamite News:

Dynamite News

Govt. issues revised guidelines and conditions for empanelment of banks for govt. banking transactions

Banks should have minimum net worth of ₹1,000 crore

The Hindu

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Data | Excess rain, extreme heat hurts mango, lemon production

The excess unseasonal rainfall and extreme heatwave recorded in the last six months across India have adversely affected mango and lemon arrivals, pushing up their retail prices

The Hindu

Sansad Watch Ep 31: What's the RBI doing to control inflation, and is it enough?

Last week, we told you all about how inflation happens and what the government is doing about it.

Newslaundry

Anchoring inflationary expectations

Actual individual experiences shape economic behaviour

The Hindu

This age of inflation

How RBI postponed the necessary course-correction

The Hindu

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RBI prohibits issue of unsolicited credit cards, upgradation

Issuers, agents asked not to resort to intimidation or harassment when recovering dues

The Hindu

Bumps ahead: On IMF’s India growth forecast

The IMF expects India to grow 8.2% this year, but has flagged multiple risk factors ahead

The Hindu

Cops on the hunt for man who deposited fake currency into ATM

Bengaluru

The Hindu

Business: SBI hikes lending rate by 0.1 pc; EMIs to go up

The country's largest lender State Bank of India (SBI) has raised its marginal cost of funds based lending rate (MCLR) by 10 basis points (bps) or 0.1 per cent across all tenures, a move that will lead to an increase in EMIs for borrowers. Read more on Dynamite News:

Dynamite News

Cryptos and a CBDC are not the same thing

The central bank must note that a Central Bank Digital Currency can only be a fiat currency and not a crypto

The Hindu

Is the Reserve Bank doing enough to rein in inflation?

Nurturing the real economy, not just tweaking the repo rate, is the need of the hour

The Hindu

Alarm bells: On the need to tame inflation

Inflation must be tamed before it dampens consumption and growth

The Hindu

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The Hindu

Belated pivot: On RBI, inflation and sustainable growth

Without curbing inflation, the RBI will not be able to promote sustainable growth

Dynamite News

Repo and reverse repo rates unchanged for now: RBI

Reserve Bank of India's (RBI) Monetary Policy Committee on Friday voted to keep the benchmark repo and reverse repo rates unchanged for the 11th time in a row. Read details on Dynamite News

The Hindu

Govt. to raise ₹15,000 crore through open market borrowings in first quarter

RBI releases indicative calendar of borrowings by States/UTs

Al Jazeera

Has India’s central bank avoided tackling high inflation?

As the RBI focuses on managing Indian government’s debt & propping up growth, inflation soars.

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Al Jazeera

Indian government helps central bank to circumvent inflation law

India’s finance ministry let RBI escape accountability for missing the inflation target in 2020.

Al Jazeera

India sought probe into ex-RBI gov Rajan for helping ‘white man’

India accused the RBI of setting interest rates to favour developed nations, pushing it to slash the rates.

The Hindu

WMA limit for TS fixed at ₹1,728 cr.

State’s limit was the same previous year also

The Hindu

India on cusp of major economic recovery; talks of stagflation overhyped: Niti Aayog VC Rajiv Kumar

On rising inflation, the Niti Aayog Vice-Chairman Rajiv Kumar says that the RBI is keeping a close watch as per its mandate

The Hindu

ED issues notices to Transcorp

Notices have also been sent to the company’s promoter director, Ashok Kumar Agarwal, and managing director, Gopal Krishan Sharma: ED .

The Hindu

RBI Governor emphasises importance of self-sufficiency in bank note manufacturing

MYSURU

The Hindu

Home-grown banks making a mark

These institutions, with over 100 years of unique history, have made key contributions to the growth of the State

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