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RBI Governor Shaktikanta Das also stressed on the need to remain vigilant on food prices, given the forecast of higher temperatures between April-June. He also said that the impact of reduction in fuel prices on inflation will deepen in the coming months. ....
According to Vivek Joshi, secretary of the finance ministry s Department of Financial Services, Paytm must resolve the regulatory problems faced by its payments bank with the Reserve Bank of India. ....
It is widely anticipated that the RBI MPC will maintain the repo rate at the current level of 6.5 percent. This would mark the sixth consecutive time when the rate remains unchanged. ....