The Latest Breaking News from RBI

Tamil Nadu had ₹5.38 lakh crore outstanding liability from bonds at end of March 2023, with 38.5% due in 1-5 years.

BRS MLA K.T. Rama Rao criticizes Congress govt. for wrong publicity & false claims of debts in Telangana.

The dissonance in messaging from the central bank, i.e. the Monetary Policy Committee, is telling

The Reserve Bank of India raised the UPI payment limits for hospitals and educational institutions from ₹1 lakh to ₹5 lakh per transaction, said Governor Shaktikanta Das on December 8.

The Monetary Policy Committee of the Reserve Bank of India (RBI) in its December review meeting unanimously decided to keep the policy repo rate unchanged at 6.5 per cent, thus maintaining status quo for the fifth straight time.

Most loans to coal-fired plants were given by public sector banks of corporations

The Hindu Morning Digest gives a select list of stories to start the day. Read the top news today on November 26, 2023

India's Q2 GDP grew 7.6%, higher than expected, driven by govt spends & manufacturing. GVA growth eased to 7.4%, but farm sector skidded to 1.2%. Construction & manufacturing led with 10.5% & 9.3% growth respectively. PFCE growth halved to 3.1%. RBI & govt expect 6.5% growth this year.

Ernakulam District Consumer Disputes Redressal Commission orders nationalised bank to refund ₹39,507 to credit card holder and pay ₹35,000 compensation for unauthorised withdrawal. Commission cites Kerala High Court ruling that bank cannot deny liability despite RBI's limited liability circular. Bank should not have approved transaction exceeding established limit, highlighting flaw…