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Need to preserve success on inflation control on durable basis, RBI governor at MPC

India Business News: MUMBAI: The success in controlling inflation has to be preserved and taken forward to achieve a 4 per cent inflation target on a durable basis, RBI Go.

Mumbai , Maharashtra , India , Shaktikanta-das , Jayanthr-varma , Rajiv-ranjan , Michael-debabrata-patra , Ashima-goyal , Shashanka-bhide , Bank-on , Monetary-policy-committee , Reserve-bank

When food inflation became main course on MPC menu

Members of RBI's monetary policy committee believe it is too early to take their eyes off inflation, especially given the volatility in food inflation

India , Shaktikanta-das , Michael-patra , Jayanth-varma , Rajiv-ranjan , Ashima-goyal , Reserve-bank , Inflation , Repo-rate , Rbi-governor , Price-rise

RBI governor Das asks banks to play bigger role in forex market

India Business News: RBI governor Das calls for increased Indian bank participation in rupee derivatives markets, domestically and offshore, ensuring fair treatment for re

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RBI keeps repo rate unchanged at 6.5% for seventh consecutive time

RBI Repo rate: In the first MPC announcement in Financial Year 2024-25 (FY25), RBI governor kept repo rate unchanged at 6.5%.

India , Hindustan , India-general- , Shaktikanta-das , Monetary-policy-committee , Reserve-bank , Financial-year , Governor-shaktikanta-das , Reserve-bank-of-india , Rbi-governor , Interest-rates ,

RBI leaves inflation projection for FY25 unchanged at 4.5% as 'elephant' out for a walk

Reserve Bank of India Monetary Policy: The RBI today left inflation estimate for fiscal 2025 unchanged at 4.5% amid rising concerns over soaring crude oil prices and supply chain disruptions due to the Red Sea crisis. Food inflation remains a concern after it climbed to 8.7% in February, driving overall inflation, while Brent and WTI futures have now surged on geopolitical tensions.

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New UPI rules for access for prepaid instruments: Now, transfer money from your prepaid wallet using third party apps

India Business News: New UPI rule: RBI Governor Shaktikanta Das highlighted that wallet holders are no longer restricted to using the issuer's app for UPI transactions. Th

India , Thornton-bharat , Vivek-iyer , Shaktikanta-das , Third-party-app , Prepaid-payment-instruments , Reserve-bank , Grant-thornton-bharat , Business-news , Upi-rules , Rbi-governor , Rbi

RBI MPC repo rate: Status quo for the 7th time? RBI MPC may not let rains ruin repo rate, stance this time around

The RBI MPC is expected to maintain the repo rate at 6.5 per cent, focusing on 'withdrawal of accommodation' stance, as per economists. If the RBI sticks to the current rates, it will mark the seventh consecutive time the key lending rate remains unchanged. RBI Governor Shaktikanta Das will reveal the outcome of the bimonthly meeting that began on April 3, with the decision scheduled for April 5 at 10 am.

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RBI Begins First MPC Of FY 24-25: High-level Discussions Starts Today, What To Expect?

Stable rates will continue to support the housing market which has continued to remain upbeat.

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Premature move on monetary policy front could undermine efforts to check inflation: RBI Governor | India News

India News: The Reserve Bank of India's job to bring down inflation is not over, and any premature move on the policy front could undermine the success achieved so far on the price situation, according to RBI Governor Shaktikanta Das.

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RBI governor asks banks to remain alert to build-up of loan risks

India Business News: In the central bank's first meeting with bank heads since July 2023, RBI Governor Shaktikanta Das discussed the issue of outlier growth in the persona

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