RBI MPC Meeting at a Glance: Your one-stop guide for all key decisions
The RBI's MPC, led by Governor Shaktikanta Das, has decided to maintain the current interest rates, keeping the repo rate at ...
Fortune India14h
UPI transactions limit raised to ₹10,000 for 123Pay, ₹5,000 for UPI Lite
UPI 123Pay transaction limits increase from ₹5,000 to ₹10,000, UPI Lite wallet limit rises from ₹2,000 to ₹5,000 ...
RBI MPC Meeting Live Updates: RBI keeps repo rate unchanged at 6.5%, changes stance to ‘neutral’
RBI Monetary Policy October 2024, RBI MPC Meeting Live, RBI Monetary Policy Meeting 2024 Live News & Updates: Followed by ...
'Will Take Appropriate Action': RBI Governor Warns NBFCs On Unsustainable Growth Approach
The central bank head also noted that some NBFCs, including MFIs, or Micro Finance Institution, and Housing Finance companies ...
Republic Business on MSN12h
Shaktikanta Das says elevated rates not impinging growth
After opting for a status quo for the tenth consecutive policy review, Governor Shaktikanta Das on Wednesday said Reserve ...
RBI governor Shaktikanta Das projects inflation to reach 4.5% in FY25
In his post-Monetary Policy Committee (MPC) meeting address, Governor of Reserve Bank of India Shaktikanta Das shared that ...
RBI Retains Interest Rate At 6.50%; Moves Its Stance From 'Withdrawal Of Accommodation' To 'Neutral'
The GVA or the Gross Value Added, increased by 6.8 per cent. The RBI retained the GDP expectations at 7.2 per cent. Simply ...
Republic Business on MSN14h
RBI Governor Shaktikanta Das warns NBFCs of 'growth-at-any-cost' approach
Some non-banking finance companies (NBFCs) are aggressively pursuing growth and chasing excessive returns on equity, which ...
Banks & NBFCs Cannot Impose Foreclosure Charges Or Pre-Payment Penalty On Loans For Non-Business Purposes: RBI
The RBI governor said that banks and non-banking financial corporations or NBFCs, are not permitted to levy or charge foreclosure charges or pre-payment penalities on any floating rate term loans that ...
RBI Monetary Policy: Shaktikanta Das announces breakthrough decision on pre-payment penalty
The Reserve Bank of India Governor Shaktikanta Das on Wednesday, while announcing Monetary Policy decision, said that banks ...
RBI MPC Meeting: Governor Shaktikanta Das has some strong messages for NBFCs
Banking Financial Companies (NBFCs) are aggressively pursuing growth without proper administration, said Reserve Bank of ...
'Inflation horse may bolt again': Shaktikanta Das warns as FY25 estimate stays at 4.5%; Deepak Shenoy calls it 'ludicrous'
While maintaining the retail inflation estimate for FY25 at 4.5%, Das warned, "We have to be very careful about opening the ...