RBI launches UDGAM- A web portal to look after unclaimed deposits across banks
Shaktikanta Das, Governor of the Reserve Bank of India, unveiled a centralised web platform named UDGAM (Unclaimed Deposits – Gateway…
18 AUG 2023
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RBI Governor Shaktikanta Das maintains repo rate at 6.5%
The Reserve Bank of India (RBI) Governor Shaktikanta Das revealed the third bi-monthly monetary policy for FY24. The six-member Monetary…
10 AUG 2023
RBI’s monetary policy committee chose to maintain the repo rate at 6.5%
The Reserve Bank of India chose to maintain the policy repo rate at 6.5%, in the face of persistent inflation.…
06 APR 2023
RBI raises repo rate by 25 basis points to 6.50 per cent
Shaktikanta Das, Governor of the Reserve Bank of India (RBI), announced that the monetary policy committee (MPC) raised the repo…
08 FEB 2023
RBI Monetary Policy Meet: Repo rate raised to 6.25 per cent
The Reserve Bank of India (RBI) raised the benchmark repo rate by 35 basis points to 6.25 per cent on…
07 DEC 2022
Foreign exchange reserves drop to $525 billion, lowest since July 2020
The Reserve Bank of India’s foreign exchange reserves fell by $3.8 billion to $524.52 billion in the week ending October…
31 OCT 2022
Banks may increase liquidity by drawing down on CRR: RBI Governor Das
Banks may boost systemic liquidity by drawing down on excess cash reserve ratio and statutory liquidity ratio, said Reserve Bank…
01 OCT 2022
RBI hikes repo rate by 50 bps: Read what leaders across the segment stated
The Reserve Bank of India raised the repo rate, or prime lending rate, by 50 basis points to 5.90 percent,…
30 SEP 2022
The authorisations issued should be followed by fintechs: RBI Governor Das
Digital lending firms should operate under the licenses given to them, said Shaktikanta Das, Governor of the Reserve Bank of…
26 JUL 2022
PM Modi unveils two customer-centric RBI schemes for
Prime Minister Narendra Modi today launched two customer-centric schemes namely Reserve Bank of India (RBI)- the RBI Retail Direct Scheme…
12 NOV 2021
