RBI

The Reserve Bank of India (RBI) has increased the limit of the UPI Lite. The limit for per-transaction for UPI limit has been increased from Rs 500 to Rs 1,000, said Governor Shaktikanta Das. Meanwhile, the UPI lite limit for wallet…

The Reserve Bank of India (RBI) governor Shaktikanta Das announced that the Monetary Policy Commitee (MPC) decided to keep the policy repo rate unchanged at 6.5% for a ninth consecutive meeting. Consequently, the standing deposit…

New Delhi: RBI Governor Shaktikanta Das will announce the RBI repo rate on Wednesday, said reports. This shall come after the three-day meeting of the MPC. The Monetary Policy Committee (MPC) consisted of six-members and shall end today.…

Bhubaneswar: Reserve Bank of India (RBI) Governor Shaktikanta Das will visit Odisha tomorrow to attend several official programs apart from seeking the blessings of Lord Jagannath and his siblings at Puri Shirmandir. Sources said that…

Mumbai: After UPI or Unified Payments Interface the RBI is all set to launch ULI or Unified Lending Interface for friction less credit said the RBI Governor Saktikanta Das earlier today. According to reports, while speaking at the event…

Public-sector bank Bank of Baroda recently hiked the Marginal Cost of Funds-based Lending Rates(MCLR) in different tenures. Now, two other banks Canara Bank and Bank of Baroda have followed in the footsteps of UCO Bank and hiked the MCLR…

Mumbai: RBI Governor Shaktikanta Das said on Friday that banks and financial institutions need to maintain the highest level of vigil and strengthen their IT systems keeping in mind the growing incidences of cyber-attacks globally. The…

New Delhi: As India aims to become the world's third largest economy soon, the banking sector is undergoing a decade-high performance in financial metrics, according to Swaminathan J, Deputy Governor of the Reserve Bank of India (RBI).…

In a presser on Friday, the RBI Governor clarified that the repo rate shall remain unchanged. He further clarified the stance on RBI growth. According to reports the RBI Governor Shaktikanta Das said, "The real GDP growth for the current…

Mumbai: The RBI is expected to leave interest rates unchanged in its monetary policy review as it continues to maintain a balance between pushing for economic growth and keeping inflation in check. The RBI’s Monetary Policy Committee…