RBI shuns hawkish signal, keeps rates unchanged amid war shock

Mumbai, April 8 -- India's rate-setting panel kept the policy rate unchanged and Reserve Bank of India governor Sanjay Malhotra indicated that benchmark rates could remain low for an extended period d... Read More

RBI holds key policy rate at 5.25%

Mumbai, April 8 -- The Reserve Bank of India's (RBI) monetary policy committee (MPC) on Wednesday kept the repo rate steady at 5.25% and maintained its stance as 'neutral'. A Mint poll of 10 economis... Read More

RBI proposes principles-based framework for bank boards, prioritizing strategy, risk oversight

Mumbai, April 8 -- India's banking regulator on Wednesday proposed rationalizing what bank boards must review, shifting their focus squarely towards strategy and risk oversight while allowing greater ... Read More

No systemic risk, says RBI on HDFC Bank chairman's sudden exit

MUMBAI, April 8 -- The Reserve Bank of India (RBI) on Wednesday sought to allay governance concerns after the sudden exit of former HDFC Bank chairman Atanu Chakraborty, saying the development does no... Read More

Rupee could fall to 100/dollar if oil stays above $110/barrel: Neelkanth Mishra

New Delhi, April 7 -- India's currency outlook is increasingly tied to the trajectory of crude oil price, Axis Bank's chief economist Neelkanth Mishra said, cautioning that the rupee could weaken to 1... Read More

RBI likely to hold rates as war-driven risks cloud inflation and growth outlook

Mumbai, April 6 -- As the Reserve Bank of India (RBI) heads into its first policy decision of the new financial year on 8 April, a rate pause is widely expected even as a rapidly shifting macro landsc... Read More

Rupee gains most in nearly 13 years after forex curbs

Mumbai, April 3 -- The rupee staged a sharp recovery on Thursday after the Reserve Bank of India (RBI) rolled out a fresh set of forex restrictions aimed at curbing speculation, but market participant... Read More

Rupee jumps the most in nearly 13 years after RBI's forex curbs, outlook uncertain

New Delhi, April 2 -- The Indian rupee staged a sharp recovery on Thursday after the Reserve Bank of India (RBI) rolled out a fresh set of forex restrictions aimed at curbing speculation, but market p... Read More

RBI bans hedge rebooking, tightens related-party rules to curb rupee speculation

Mumbai, April 1 -- India's central bank further tightened its forex curbs on Wednesday by targeting the rebooking of cancelled forex derivative contracts and tightening norms around related-party tran... Read More

AI will cause limited job losses, boost productivity: HDFC Bank ex-CEO Aditya Puri

Mumbai, March 28 -- Artificial intelligence (AI) will cause limited job losses while significantly boosting productivity and supporting India's long-term growth trajectory, former HDFC Bank chief exec... Read More

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