RBI Governor: News
18 Sep 2024
Monetary Policy CommitteeSBI Chairman explains why RBI won't cut rates in 2024
The Reserve Bank of India (RBI) is not expected to reduce the benchmark policy rate (repo rate) this year due to uncertainties surrounding food inflation, according to State Bank of India (SBI) Chairman CS Setty.
07 Jun 2024
Monetary Policy CommitteeRBI holds repo rate steady at 6.5% for eighth time
The Reserve Bank of India's Monetary Policy Committee (MPC) has maintained the repo rate at 6.5% for the eighth consecutive time.
04 May 2022
Shaktikanta DasRBI hikes repo rate by 40 bps to 4.4%
In its first rate hike since August 2018, the Reserve Bank of India (RBI) on Wednesday raised the benchmark lending rate by 40 basis points to 4.4%.
04 Jun 2021
IndiaRBI keeps repo rate at 4%, cuts GDP growth projection
The Reserve Bank of India (RBI) has once again kept the repo rate unchanged at 4 percent in an attempt to "support growth and keep inflation within the target" amid India's COVID-19 crisis.
16 Mar 2020
IndiaIndia not immune to economic impact of COVID-19: RBI Governor
Reserve Bank of India (RBI) Governor Shaktikanta Das addressed a press conference at the central bank's headquarters in Mumbai on Monday.
14 Jan 2020
Lok SabhaBJP MP pacifies panicked Bengaluru bank depositors amid RBI restrictions
Days after the Reserve Bank of India imposed regulatory restrictions on a co-operative bank in Bengaluru, Bharatiya Janata Party MP Tejasvi Surya assured panicked depositors that the Finance Minister was personally looking into the matter.
15 Oct 2019
Jet AirwaysRs. 90L stuck in PMC Bank, depositor dies of heart-attack
Thousands of customers of PMC Bank don't know when will they get access to their own hard-earned money. Their savings, spanning years, have been locked up by RBI.
14 Oct 2019
Reserve Bank Of India (RBI)PMC Bank crisis: RBI hikes withdrawal limit to Rs. 40,000
In a major relief for customers of the crisis-hit Punjab and Maharashtra Co-operative (PMC) Bank, the Reserve Bank of India (RBI) raised the withdrawal limit for account holders to Rs. 40,000, on Monday. Earlier, this limit was Rs. 25,000.
10 Oct 2019
MumbaiPMC crisis: Nirmala Sitharaman says she'll talk to RBI Governor
Finance Minister Nirmala Sitharaman met distressed customers of the crisis-hit Punjab and Maharashtra Co-operative Bank (PMC) on Thursday and assured them she will speak to Shaktikanta Das, the Governor of Reserve Bank of India (RBI), this evening.
27 Aug 2019
Reserve Bank Of India (RBI)#NewsBytesExplainer: Why is RBI giving Rs. 1.76L crore to government
Amid an economic slowdown in the country, Reserve Bank of India (RBI) stepped in to bail out Prime Minister Narendra Modi's government.
12 Jul 2019
IndiaFive famous and successful alumni of IIM-Ahmedabad to know about
The Indian Institutes of Management (IIMs) are the most sought-after business schools in the country that provide quality management education.
06 Jul 2019
IndiaFive famous alumni of IIT Kanpur you should know about
The Indian Institutes of Technology (IITs) are the country's premier engineering institutes that are recognized as centers of academic excellence in science and technology.
11 Jun 2019
IndiaNo charges on RTGS, NEFT transfers from July 1: RBI
The Reserve Bank of India (RBI) has decided to waive off all charges on RTGS and NEFT system fund transfers from July 1, 2019.
07 Feb 2019
Reserve Bank Of India (RBI)RBI cuts repo rate by 25bps; loans/EMIs to get cheaper
Taking a major policy U-turn, the RBI's six-member Monetary Policy Committee (MPC) headed by newly-appointed Governor Shaktikanta Das lowered the repo rate by 25 basis points to 6.25%.
12 Dec 2018
Reserve Bank Of India (RBI)Shaktikanta Das takes charge as new RBI Governor
A day after he was appointed as the new Governor of the Reserve Bank of India (RBI), Shaktikanta Das, on Wednesday, took charge of the central bank.
10 Dec 2018
Reserve Bank Of India (RBI)Urjit Patel resigns as Governor of Reserve Bank of India
Reserve Bank of India Governor, Urjit Patel, has stepped down from the position with immediate effect amid rift with the government on various issues.
17 Apr 2018
ICICI BankParliamentary panel summons RBI Governor to answer queries on bank-scams
A parliamentary panel has called Reserve Bank Governor Urjit Patel on May 17 to answer queries on a spate of banking scams unearthed in the last few months, sources said.
05 Jan 2018
IndiaNew Rs.10, Rs.50, Rs.200 notes: All you need to know
The RBI has officially announced new notes of Rs. 10 in the Mahatma Gandhi (New) series. RBI Governor said they will be issued shortly.
17 Feb 2017
IndiaRs. 2000 notes printed when Rajan was governor
Reports revealed that even though the Rs. 2000 bears the signature of current RBI governor Urjit Patel, the printing began when Raghuram Rajan was in office.
05 Sep 2016
IndiaRBI looks to explore Islamic banking and finance
The Reserve Bank of India proposed measures to adopt interest-free banking that will open Islamic finance in India, tackling banking exclusions pitched under religious reasons.
04 Sep 2016
Raghuram RajanUrjit Patel taking charge as RBI Governor on 6 September
With Raghuram Rajan's tenure as RBI Governor seeing an end after he announced his decision to step down from taking up a second term, Urjit Patel will take over the reins as his successor on Tuesday.
