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Reserve Bank chief's term likely to be extended: Report
Business

Reserve Bank chief's term likely to be extended: Report

The current term of Shaktikanta Das is due to end on December 10, but so far no selection committee has been set up

Indian economy sailing smoothly amid global headwinds: Shaktikanta Das
Business

Indian economy sailing smoothly amid global headwinds: Shaktikanta Das

The central banker declined to comment on interest rates and maintained that the rate-setting panel will take an appropriate call on it at its next meeting in December

Inflation soars to 14-month high in Oct due to high food prices
Business

Inflation soars to 14-month high in Oct due to high food prices

The RBI has been tasked by the government to ensure retail inflation remains at 4 per cent with a margin of 2 per cent on either side

Reserve Bank governor wary of interest rate cut
Business

Reserve Bank governor wary of interest rate cut

The governor said the central bank would take a decision on interest rates on the basis of the incoming data and outlook

RBI keeps policy rate unchanged for 10th time in a row
Business

RBI keeps policy rate unchanged for 10th time in a row

The central bank maintained status quo despite the US Federal Reserve lowering the benchmark rates by 50 basis points last month

Reserve Bank slaps penalty on Axis Bank, HDFC Bank
Business

Reserve Bank slaps penalty on Axis Bank, HDFC Bank

The central bank said the penalties are based on deficiencies in statutory and regulatory compliance by the two private sector banks

India's growth story remains intact: Reserve Bank Governor
Business

India's growth story remains intact: Reserve Bank Governor

The central bank governor emphasised the need for further reforms in land, labour, and agri markets

No plans to allow business houses to run banks: RBI
Business

No plans to allow business houses to run banks: RBI

The central bank governor said while the economy needs the resources to grow, we do not necessarily require more banks to achieve the aspirations