RBI firm on taming inflation under 4%: Shaktikanta Das
The Indian economy continues to sustain the momentum achieved in the first half of 2023-24, going by high-frequency indicators, write RBI economists
The Indian economy continues to sustain the momentum achieved in the first half of 2023-24, going by high-frequency indicators, write RBI economists
Macquarie downgrades Paytm stock, cutting its 12-month price target from ₹650 to ₹275, while rating it ‘underperform’
Business restrictions are imposed only when constructive engagement doesn't work, RBI governor says on the regulator's action on Paytm Payments Bank.
RBI keeps the key policy rate unchanged at 6.5% for the sixth time in a row; to remain focussed on MPC ‘withdrawal of accommodation’
RBI also makes enhancements to PIDF Scheme; Vishwakarma Scheme beneficiaries to now come under it
Shaktikanta Das says the October-December quarter growth now seen at 6.5% up from 6% predicted earlier
Banks are significantly upping lending to risky NBFCs, forcing RBI to sound an alarm
It is necessary to be watchful of any undue risk build-up in the system due to information gaps in these models, says Shaktikanta Das.
Such concentrated linkages may create a contagion risk, says Shaktikanta Das
RBI directs credit bureaus to resolve complaints in 30 days or pay ₹100/day fine