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RBI imposes Rs 3.06 crore fine on Amazon Pay (India) for violation of norms

3 March 2023 2:50 PM GMT
Amazon Pay is the digital payment arm of e-commerce giant Amazon

Transaction in UPI, IMPS, Bharat Bill sees slowdown in growth rate

18 Feb 2023 12:14 PM GMT
Growth in transactions of UPI, IMPS, and BBPS came in at a slower pace in both volume and value terms on year-on-year basis

RBI raises repo rate by 25 bps to 6.5%

8 Feb 2023 7:46 AM GMT
RBI now sees inflation averaging 6.5 per cent in the current 2022-23 financial year and at 5.3 per cent in 2023-24

Bank locker rules: RBI extends deadline for banks to renew locker agreements till Dec 31

23 Jan 2023 2:07 PM GMT
The RBI said the deadline will be extended in a phased manner by December 31, 2023

RBI lifts restrictions on recovery via outsourcing

4 Jan 2023 2:53 PM GMT
The Reserve Bank of India (RBI) on Wednesday lifted restrictions related to Mahindra & Mahindra Financial Services

RBI policymakers want to see decisive inflation decline before policy shift

21 Dec 2022 1:01 PM GMT
RBI Governor Shaktikanta Das also said that a premature pause in monetary policy action would be a costly policy error at this juncture

RBI raises repo rate by 35 bps

7 Dec 2022 8:17 AM GMT
The RBI has raised the repo rate (the rate at which it lends commercial banks) in each of the policy meetings since May 2022

Retail inflation eases to 6.77% in Oct, but stays above RBI's tolerance band

14 Nov 2022 12:11 PM GMT
This is the 10th consecutive time that the CPI print has come above the Reserve Bank of India's (RBI) upper margin of 6%

RBI hikes repo rate by 50 bps to combat inflation

30 Sep 2022 6:49 AM GMT
This is the fourth straight increase in the last five months, which saw the rates increase by 190 basis points

Infrastructure spending can curb supply-side inflation, says RBI official

8 Sep 2022 10:28 AM GMT
The central bank official was speaking at an event in the national capital

RBI raises repo rates to 5.4 per cent to tame inflation

5 Aug 2022 6:38 AM GMT
This is the third consecutive rate hike after a 40 basis points in May and 50 basis points increase in June

EMIs to go costlier as RBI plans to hike repo rate by 35-50 Bps

1 Aug 2022 7:09 AM GMT
For the unversed, this will be RBI’s third consecutive policy rate hike to check elevated retail inflation