Originally proposed in July 2024, the RBI's guidelines required banks to set aside an additional 5 per cent 'run-off factor' ...

The RBI in July had proposed that all banks should set aside an extra 5% ‘run-off-factor’ on digitally accessible retail deposits ...

The decision, announced on Friday by RBI Governor Sanjay Malhotra, also adjusts the Standing Deposit Facility rate to 6 per cent.

The US Federal Reserve is supposed to be an apolitical entity independent of the federal government seeking to achieve its ...

They put more weight on protecting the labour market. In Australia they have a labour market mandate as part of the Reserve Bank criteria. "In New Zealand, when the new government came in they ...

President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.

Atlanta Fed President Raphael Bostic said he wants to assess the impact of the Fed's 100 basis points of rate reductions ...

But goods inflation is important to consumers, who can vote with their wallet on whether to go out to the theaters (service) or to stay in and do some retail therapy online (goods). As the latter ...

Its dual mandate was also established by Congress ... four are assigned from the 11 Reserve Bank presidents, who each serve one-year terms on a rotating basis; and one FOMC member is the president ...

We are always watchful. We will be nimble. I want to assure that we will be very, very proactive in providing whatever ...