India’s Financial System Remains Stable Despite Weak Growth But Risks Persist: RBI

India’s financial system remains stable notwithstanding weakening domestic growth, said the Reserve Bank of India (RBI) while releasing December 2019 Financial Stability Report (FSR) here on Friday.

RBI cuts repo rate by 25 basis points to boost economic growth

The six-member monetary policy committee (MPC) headed by Governor Shaktikanta Das announced the decision after a three-day meeting. GDP growth slumped lower to 5% in the April to June quarter as against a 8% in the year-ago period. The Reserve…

Governor Shaktikanta Das welcomes move to bring NBFCs under RBI’s radar

Reserve Bank of India (RBI) Governor Shaktikanta Das said on Monday it will do its best after being given the additional responsibility of supervising and regulating non-banking financial companies (NBFCs) in a bid to boost investment and lending in the economy.

RBI to redesign market structure of corporate loans

RBI constitutes task force on secondary market for corporate loans The Reserve Bank of India (RBI) on Wednesday constituted a task force on the development of secondary market for corporate loans. In India, banks sell their stressed loans to the…

RBI meeting on lending rates to take place from 2 to 4

RBI meeting on lending rate from April 2 to 4 The six-member Monetary Policy Committee (MPC) headed by Reserve Bank of India Governor Shaktikanta Das will begin its three-day meeting from Tuesday as industry leaders demand that lending rate is…

RBI & Government: Match made in heaven at last?
The latest Monetary Policy Review of the RBI under Shaktikanta Das has unexpectedly cut rates, indicating far greater consonance with the government's objectives. RBI has unexpectedly cut rates by 25 basis points in its latest policy review meeting. With this…