Reflecting on the struggles he went thorough when he assumed office in 2018, Das recalled addressing issues related to banking sector and liquidity management
10 December,2024 02:33 PM IST | Mumbai | mid-day online correspondent
Outgoing RBI Governor Shaktikanta Das shares an emotional farewell, expressing gratitude to the government, stakeholders, and colleagues for their support throughout his tenure.
10 December,2024 11:08 AM IST | New Delhi
The appointment is effective from Wednesday, December 11, 2024, and will continue for three years, as per an official notification from the Department of Personnel and Training issued on Monday
09 December,2024 07:46 PM IST | Mumbai | mid-day online correspondent
RBI extends UPI credit line linking to Small Finance Banks, introduces an AI ethics framework, and launches AI-driven fraud detection to strengthen the financial system.
06 December,2024 12:31 PM IST | New Delhi
The Reserve Bank of India maintains the repo rate at 6.5 percent and revises GDP growth for FY25 down to 6.6 percent. Inflation forecast is raised to 4.8%.
06 December,2024 10:54 AM IST | New Delhi
The Indian rupee rose by 4 paise to 84.71 against the US dollar in early trade on Thursday, supported by positive domestic equities, despite the strength of the US dollar and rising crude oil prices
05 December,2024 10:11 AM IST | Mumbai
Morgan Stanley has revised India’s GDP growth forecast for FY25 from 6.7 percent to 6.3 percent, citing a slowdown in the July-September quarter. However, signs of recovery in October and November indicate a rebound in the latter half of the fiscal year
03 December,2024 12:36 PM IST | Mumbai
Reserve Bank of India Governor Shaktikanta Das has been admitted to a hospital in Chennai. He is under medical observation
26 November,2024 10:18 AM IST | Chennai | mid-day online correspondent
The Reserve Bank of India (RBI) and the Maldives Monetary Authority (MMA) have signed an MoU to enable cross-border transactions using the Indian Rupee (INR) and Maldivian Rufiyaa (MVR). This initiative aims to reduce transaction costs, enhance trade efficiency, and strengthen economic ties between the two nations
22 November,2024 08:40 AM IST | Mumbai
Bank of Baroda’s report highlights India’s resilience in handling current rupee challenges, citing strong macroeconomic fundamentals, controlled deficits, and robust foreign exchange reserves.
18 November,2024 08:44 AM IST | New DelhiADVERTISEMENT
