[ad_1] NEW DELHI: The Reserve Bank of India will likely keep interest rates unchanged Friday, with chances of an early cut fading after the government warned of a coming heatwave and the economy grew faster than expected.The central bank will likely keep its benchmark repurchase rate at 6.5% for a seventh straight policy meeting, according…
[ad_1] MUMBAI: RBI governor Shaktikanta Das has recommended to other countries the Indian strategy of coordination between the central bank and govt to address the demand and supply side of inflation. Das proposed such a coordinated effort, citing the high risk of sovereign indebtedness in some countries and how raising interest alone to curb inflation…
[ad_1] NEW DELHI: RBI governor Shaktikanta Das has said that the central bank managed to moderate inflation without compromising on its growth focus. In his new year message to the central bank’s staff, Das said that the RBI has navigated multiple challenges faced by the economy and exhorted the staff to improve the quality and…
[ad_1] MUMBAI: Reserve Bank of India (RBI) governor Shaktikanta Das on Wednesday cautioned the country’s lenders against “all forms of exuberance” days after tightening rules for consumer loans.While credit growth is accelerating, banks and non bank finance companies (NBFCs) need to ensure lending to individual categories is “sustainable”, Das said at an event in Mumbai.“All…
