Shaktikanta Das Bids Emotional Farewell As RBI Governor, Shares Message To PM Modi | WATCH

10 Dec 2024

Shaktikanta Das is the 25th Governor of Reserve Bank of India (RBI). Today, he is leaving RBI as he is going to retire from his position. Sanjay Malhotra was appointed as the new RBI Governor. He thanked everybody for supporting him during the tenure and thanked the government for giving...

RBI Governor Shaktikanta Das Hospitalized for Acid Reflux; Understanding it’s Symptoms, Risks, and Prevention Tips

26 Nov 2024

RBI Governor Shaktikanta Das was admitted to a hospital in Chennai after experiencing severe acidity. According to an RBI spokesperson, “He is now doing fine and will be discharged in the next 2-3 hours.” The spokesperson assured that there is no cause for concern. What is Acid Reflux? Acid reflux...

RBI Governor Shaktikanta Das Earns ‘A+’ Rating In Global Finance Report 2024

20 Aug 2024

Reserve Bank of India (RBI) Governor Shaktikanta Das has once again received an ‘A+’ rating in the Global Finance Central Banker Report Cards for 2024. This marks the second consecutive year that Governor Das has been recognized with this top rating, reflecting his continued success in steering India’s monetary policy....

RBI Introduces New Feature In UPI Lite- Check How It Works

07 Jun 2024

The Reserve Bank of India (RBI) has recently announced the integration of UPI Lite with the e-mandate framework. Thus, helping in the auto replenishment of UPI lite balance, said RBI Governor Shaktikanta Das. This feature aims to improve the ease of conducting small-value digital transactions. While, addressing the MPC meeting,...

LS Polls 2024: RBI Governor Shaktikanta Das Casts His Vote In Mumbai

20 May 2024

RBI Governor Shaktikanta Das casts his vote along with his family in the current fifth phase of the election. The governor came to vote at the polling booth at Activity School, Peddar Road, Mumbai. After coming out of vote, the RBI Governor declared, that its proud moment for 140 crore...

RBI maintains repo rates same at 6.5 pc after first Monetary Policy meeting

05 Apr 2024

The Reserve Bank of India's Monetary Policy Committee (MPC) has opted to maintain the policy repo rate at 6.5 per cent, citing retail inflation persisting above its target of 4 per cent. This marks the seventh consecutive meeting where the MPC has opted for a status quo on the repo...

RBI Governor Shaktikanta Das set to hold meeting; Central Bank likely to keep rates steady

05 Apr 2024

Reserve Bank of India Governor Shaktikanta Das is set to disclose the outcome of the initial Monetary Policy Committee (MPC) gathering of the financial year 2024-2025 on Friday. The Indian central banking authority has maintained the repo rate unchanged over the past six consecutive MPC sessions, and experts anticipate a...

“RBI’s evolution closely intertwined with development of Indian economy”, says RBI Governor Shaktikanta Das

01 Apr 2024

Reserve Bank of India (RBI) Governor Shaktikanta Das reflected on the rich history of the central bank spanning nine decades, during the commemoration ceremony marking 90 years of the RBI held in Mumbai on Monday. In his address, Governor Das highlighted the pivotal role played by the institution in India's...

RBI expands obligation for Key Fact Statement for all retail, MSME loans

08 Feb 2024

The Reserve Bank of India (RBI) has expanded the obligation for a Key Fact Statement (KFS) to encompass all retail and MSME loans, aiming to improve transparency in the lending sector. The KFS serves as a document elucidating lending terms, offering key information on a loan agreement, including the comprehensive...

RBI leaves repo rate unchanged for sixth straight occassions

08 Feb 2024

In its February review meeting, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) unanimously opted to maintain the policy repo rate at 6.5 percent, marking the sixth consecutive instance of maintaining the status quo. The repo rate, representing the interest rate at which the RBI lends...