RBI to issue Rs 50 notes with Guv Sanjay Malhotra's signature
The Reserve Bank of India (RBI) announced plans to issue new ₹50 banknotes featuring the signature of Governor Sanjay ...
Factbox-India's central bank begins unwinding curbs on NBFCs and banks
The Reserve Bank of India has started to ease curbs on non-banking financial companies (NBFCs) and banks after they improved ...
RBI to Release New ₹50 Notes with Signature of Governor Malhotra
RBI will release new ₹50 notes with Governor Malhotra’s signature as part of a currency update. Old notes remain valid ...
India's new cenbank chief joins Modi's effort to regain lost growth
India's new central bank chief Sanjay Malhotra is likely to take a growth-supportive approach over the next few months, as he ...
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RBI lifts curbs on Kotak Mahindra Bank; allows lender to issue fresh credit cards
After more than nine months of imposing severe business restrictions on Kotak Mahindra Bank because of concerns on the technology front, the Reserve Bank of India (RBI) on Wednesday announced lifting ...
RBI Lifts Restrictions on Kotak Mahindra Bank, Allows Issuance of Fresh Credit Cards
Kotak Mahindra Bank welcomed the decision, confirming that it would soon resume digital onboarding and credit card issuance.
India cuts rates for first time in nearly 5 years to boost growth as inflation eases
The Reserve Bank of India seeks to boost the sluggish economy and sees inflation easing towards its 4% target.
Reserve Bank of India cuts policy rate by 25 basis points to 6.25%, first reduction in five years
The last revision of rates happened in February 2023 when the policy rate was hiked by 25 basis points to 6.5% ...
India likely to cut benchmark rates for the first time in nearly five years as economy slows, inflation eases
The Indian government has been steadily lowering its full-year real GDP forecasts, after the economic growth missed ...
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India’s central bank cuts rates for first time in nearly 5 years; signals less restrictive approach
The decision was in line with a Reuters poll, where over 70% of economists had predicted a quarter-point reduction, and marked the first reduction in India's key rate since May 2020 ...
Why did RBI's new boss Malhotra stick to Shaktikanta Das' 'neutral' stance despite rate cut?
The Reserve Bank of India cut the repo rate by 25 basis points, the first reduction in nearly five years. While the rate cut ...