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Reserve Bank of India

  • Economy

    RBI hikes rates, reduces GDP growth forecast

    by IN Bureau December 7, 2022
    by IN Bureau December 7, 2022

    The Reserve Bank of India (RBI) today hiked the repo rate – the rate at which banks borrow from the central bank—by 35 basis points, which was on expected lines. …

  • Economy

    With RBI’s aggressive gold buying, India now holds 9th largest yellow metal reserve

    by IN Bureau October 5, 2022
    by IN Bureau October 5, 2022

    Is the Reserve Bank of India slowing down its gold purchase? In August, RBI’s gold purchase was much lower after months of aggressive buying. Amid the global uncertainties, the RBI …

  • Economy

    Dalal Street takes RBI rate hike in its stride

    by IN Bureau September 30, 2022
    by IN Bureau September 30, 2022

    Notwithstanding the Reserve Bank of India’s (RBI) decision to increase the repo rate—the rate at which banks from the central bank—by 50 basis points or 0.5 per cent—to 5.90 per …

  • Economy

    RBI hikes interest rates to contain inflation

    by IN Bureau September 30, 2022
    by IN Bureau September 30, 2022

    The Reserve Bank of India (RBI) in its Monetary Policy Committee (MPC) meeting has further hiked the repo rate – the rate at which banks borrow from the central bank– …

  • Economy

    Inflation expected to ease as global oil prices dip, focus is now on growth

    by Mahua Venkatesh September 27, 2022
    by Mahua Venkatesh September 27, 2022

    India is expected to shift its focus back on economic growth even as inflation inched upward touching the uncomfortable 7 per cent mark in August up from 6.7 per cent …

  • Economy

    ADB pegs India’s growth rate at 7%, China’s at 3.3% for this year

    by IN Bureau September 21, 2022
    by IN Bureau September 21, 2022

    The Asian Development Bank (ADB) in its latest economic update has pegged India’s GDP growth rate at 7 per cent, lower than the 7.5 per cent projection made in April. …

  • Economy

    RBI move to allow global trade payments in rupees will bolster India’s exports to Russia, Sri Lanka, Iran

    by SPS Pannu July 12, 2022
    by SPS Pannu July 12, 2022

    <p> The Reserve Bank of India has allowed payments for exports and imports between India and other countries in rupees, a move that will facilitate trade with countries such as …

  • Economy

    Get ready to pay higher EMIs on home & car loans as RBI hikes repo rate by 0.5%

    by IN Bureau June 8, 2022
    by IN Bureau June 8, 2022

    <p> <strong>Your home and car loans would turn dearer as the Reserve Bank of India (RBI) on Wednesday raised the repo rate – the rate at which banks borrow from …

  • Economy

    With an eye on inflation, RBI unexpectedly increases policy rates, repo rate now at 4.4%

    by IN Bureau May 4, 2022
    by IN Bureau May 4, 2022

    <p> <strong>Amid increasing inflation, the Reserve Bank of India unexpectedly hiked policy rates by 40 basis points to 4.4 per cent along with a 50 basis points hike in the …

  • Economy

    RBI lowers India’s growth projection to 7.2% from 7.8%, focus now shifts to managing inflation

    by IN Bureau April 8, 2022
    by IN Bureau April 8, 2022

    <p> <strong>The Reserve Bank of India (RBI) has lowered India's GDP growth rate for the current financial year to 7.2 per cent from an earlier projection of 7.8 per cent.</strong></p> …

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