Originally proposed in July 2024, the RBI's guidelines required banks to set aside an additional 5 per cent 'run-off factor' ...
Malhotra: You would have observed in the past couple of months and even before that, it has been the RBI’s endeavour to ...
The RBI in July had proposed that all banks should set aside an extra 5% ‘run-off-factor’ on digitally accessible retail deposits ...
The central bank maintained its growth projections, forecasting a GDP growth rate of 6.6 percent for FY25 and 6.7 percent for FY26. Malhotra explained that the current focus on growth stems from ...
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 ...
The Reserve Bank of India cut the benchmark repo rate by 25 basis points on February 7, aiming to boost the slowing economy.
The Bombay High Court on Friday stayed Canara Bank’s November 2024 order classifying industrialist Anil Ambani’s loan account ...
Mr Hogan labelled inflation "the biggest strategic threat to the economy" and said the RBA has insufficient evidence it's ...