The country adopted the flexible inflation target (FIT) framework in 2016. The inflation target of 4 per cent and the lower and upper tolerance bands were set at 2 per cent and 6 per cent, respectively. The next review of the
The governor said RBI has also sharpened and deepened its supervisory methods and is now going to deep dive into areas of banking that were unexplored earlier.
Eligible participants can submit their bids in electronic format to the RBI on its core banking solution (E-Kuber) system between 10 am to 11 am on March 4.
In March last year, the Reserve Bank of India (RBI) had announced moratorium on repayment of term loans in order to provide relief to borrowers impacted by the COVID-19 related disruptions. Initially, the moratorium was allow
The decision of the RBI is aimed at deepening the financial markets in the IFSCs and providing an opportunity to resident individuals to diversify their portfolios.
The committee’s terms of reference will include taking stock of the regulatory measures taken by the RBI and other authorities in respect of UCBs and assess their impact over the last five years to identify key constraints
The minister could also highlight the government’s budgetary goals to boost spending in productive assets (that won’t stoke inflation), establish a development finance institution to aid infrastructure creation and back a
“On a review of current liquidity and financial conditions, the RBI has decided to conduct simultaneous purchase and sale of government securities under open market operations (OMO) for an aggregate amount of ₹10,000 cror
The Budget has estimated nominal GDP growth rate of 14.4 per cent and revenue growth at 16.7 per cent for the next financial year. Real GDP growth is expected to be in the range of 10-10.5 per cent.
"Demand has now moved beyond pent-up demand to actual demand coming up. As the lock down gets steadily lifted and movements are allowed within cities and across the country, the demand will pick up. I think the demand curve i
The RBI left the policy rates unchanged as expected but reiterated its accommodative stance both on the interest rate as well as more importantly on the liquidity side for as long as it takes.