The Indian rupee, previously buoyed by FCNR(B) deposits, depreciated as crude oil prices rose. Will the pressure on INR ease in the near future? Here's what RBI DG said in an article published in the central bank's bulletin.
2 min read26 Sep 2026The Reserve Bank of India held its second policy meeting for FY26 on June 06, maintaining the real GDP growth forecast at 6.5%.
2 min read6 Jun 2025Indian economy will likely grow 6.7 per cent in 2025-26, at the higher end of the government's forecast of 6.3-6.8 per cent. The RBI expects inflation to ease to 4.2 per cent in the next financial year but flagged continuing risk to prices.
2 min read19 Feb 2025According to the article, there is evidence to suggest that in the years following the covid-19 pandemic, India’s growth trajectory is seen to be shifting upwards from the 2003-19 average of 7% to the 2021-24 average of 8% or even more, powered by domestic drivers.
3 min read19 Jun 2024RBI retains repo rate at 6.5%. Bond yield reaches 7.12%. Governor Das emphasizes inflation progress, stable financial sector, and robust GDP growth.
4 min read5 Apr 2024RBI Amends Billing Cycle Rules For Credit Cards; Co- Branded Cards To Face More Scrutiny | Details #rbi #shaktikantadas #creditcard #credit #debt #lakshadweep #banking #banks #axisbank #hdfc #icicibank #sbi #idfc #pnb #kotakmahindrabank
15 Mar 2024The latest amendment stipulates that the cardholder will be provided option to choose any date as the starting or closing date of the billing cycle at least once. Additionally, card-issuers may provide the option to modify the billing cycle through multiple channels, RBI’s rules state
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