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The Latest Breaking News from RBI

Data | India transitions from money purse to digital wallets

The RBI’s newly introduced index shows that digital payments surged in India, especially during the pandemic

The Hindu

Data | Which items drove up inflation in February 2022?

Retail inflation crossed the RBI’s comfort level (6%) for the second consecutive month while wholesale inflation remained in double digits for the eleventh consecutive month

The Hindu

Burger King owner says operator in Russia refuses to shut shops

Parent company RBI cannot do it directly because of complicated legal contract with main partner

The Guardian - UK

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‘State recording lower debt to GSDP ratio’

SEO quotes excerpts from RBI study to illustrate State claims

The Hindu

IIT Madras Incubation Cell inks deal with RBI’s Innovation Hub

They will provide support to and nurture early-stage start-ups

The Hindu

5,292 cyber financial frauds reported in Tamil Nadu in FY2021-22, says RBI data

The total amount involved was ₹17.47 crore

The Hindu

Microfinance lenders should not charge usurious rates of interest, RBI says in revised norms for the sector

Central bank removes ceiling on interest rates, revises upward the amount eligible to be tagged as microfinance loan

The Hindu

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Prudent measures result in TS recording lower debt to GSDP ratio

SEO quotes excerpts from RBI study to illustrate the State’s claims

The Hindu

ED attaches ₹268-crore assets in Ponzi scheme case in Andhra Pradesh

It is alleged that AGFVIL cheated the public by collecting deposits without the approval of RBI and SEBI

The Hindu

Poultry industry seeks subsidy on maize, rice to minimise input cost

APSPF appeals to implement RBI guidelines of 3% interest waiver on bank loans

The Hindu

Fund managers ditch Russian assets, global stocks slide, bitcoin rises after latest sanctions – as it happened

European stocks slide further while Moscow stock exchange remains closed for second day; rouble steadies and Brent crude rises above $100 a barrel

The Guardian - UK

Thomas Mathew takes charge as RBI regional director

Thomas Mathew has taken charge as Regional Director, Reserve Bank of India (RBI), Thiruvananthapuram. Prior to the new posting, he was the Chief General Manager of the Department of Regulation at the RBI, Central Office, Mumbai.

The Hindu

Tenuous tack: On RBI’s policy stance

The RBI must be ready to recalibrate its inflation projections and shift policy stance

The Hindu

Morning Digest | Cryptocurrencies akin to Ponzi schemes, says RBI; India driving force of Quad, says White House, and more

A select list of stories to read before you start your day

The Hindu

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The Hindu

Cryptocurrencies akin to Ponzi schemes, says RBI Deputy Governor

Last week, RBI Governor Shaktikanta Das also delivered a stark warning against investing in cryptocurrencies

Dynamite News

RBI to observe financial literacy week during Feb 14-18

The Reserve Bank of India (RBI) will observe 'financial literacy week' during February 14-18, in order to propagate financial education messages among the public across the country.

The Hindu

Frozen by uncertainty: On RBI and its mandate to ensure price stability

RBI has forsaken its mandate of ensuring price stability to give an impetus to the economy

Dynamite News

RBI keeps repo, reverse repo rates unchanged for 10th time in a row

In the last monetary policy review of the current financial year, the Reserve Bank of India (RBI) on Thursday decided to keep repo and reverse repo rates unchanged.

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Benzinga

Indiam Government Officials Were Constantly Monitoring The Crypto Sector

India’s finance minister, Nirmala Sitharaman, has reportedly revealed that the government is “constantly monitoring” and “watching the crypto sector.” Referring to her budget speech, she noted that crypto taxation will be implemented before the central bank, the Reserve Bank of India (RBI), issues its digital currency.

Dynamite News

RBI to issue digital rupee using blockchain in FY 22-23: Sitharaman

To boost the Indian economy, the Reserved Bank of India (RBI) will be issuing a digital rupee using blockchain and other technologies in the Financial Year 2022-23, Finance Minister Nirmala Sitharaman told the Parliament on Tuesday.

The Hindu

RBI measures helped Indian economy step out of oblivion

Dy. Governor of central bank says they engineered turnaround of the economy

The Hindu

Minister, MP slam RBI staff for not showing respect to State song

Issue evokes strong response from political leaders

The Hindu

Dealing with the macroeconomic uncertainties

The Union Budget needs to maintain an accommodative fiscal stance to support the sustainability of economic growth

Dynamite News

RBI to conduct overnight VRR auction of Rs 75,000 cr on Monday

The Reserve Bank of India on Monday said it will be conducting an overnight variable rate repo auction under liquidity adjustment facility (LAF) for an amount of Rs 75,000 crore today.

The Hindu

Government should prevent K-shaped recovery: Raghuram Rajan

Ex-RBI Governor says Indian economy has ‘some bright spots and number of very dark stains’

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