Monday, December 5, 2022
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Reserve Bank of India

CBDC: RBI to soon start pilot launch of e-rupee for specific use cases

The CBDC concept note presents the background, motivation, choices of design features and other policy frameworks for e-rupee system for the country

Bank credit growth accelerates to 14 pc in Q1 despite hike in lending rates: RBI data

Bank credit growth has come despite a 0.21 percent increase in the weighted average lending rate on the outstanding loans

FM to review state of economy at FSDC meeting on Sep 15

Nirmala Sitharaman will review the state of the economy amid global and domestic challenges at a meeting of the Financial Stability and Development Council

EoI for IDBI Bank stake sale likely next month

Govt is likely to invite preliminary bids for selling a stake in IDBI Bank next month and the discussions with the RBI are at the final stages

Bank credit growth accelerates to 14.2% in June quarter: RBI data

Bank credit growth accelerated to 14.2 percent in the quarter ended June 2022 from 6 percent in the same period of the previous year

Eight years of systemic reforms increased india’s macroeconomic stability: RBI MPC Member Ashima Goyal

Eight years of systemic economic reforms under the Modi government have increased India's macroeconomic stability and its capacity to withstand...

Inflation ‘unacceptably and uncomfortably’ high: RBI Governor at MPC meet

RBI Governor Shaktikanta Das said the retail inflation is "unacceptably and uncomfortably" high and proposed the 50 basis points hike in repo rate

Cabinet approves Rs 34,856 crore for interest subvention scheme for agriculture loans

Union Cabinet has earmarked Rs 34,856 crore towards the interest subvention scheme to help banks provide short-term agriculture loans of up to...

RBI has taken steps to promote rupee as preferred currency for global trade: Sitharaman

RBI has taken steps to promote the rupee as the preferred currency for global trade in order to promote exports, said RBI Governor on Monday

RBI hikes interest rate by 50 bps to pre-pandemic level

RBI raised the key interest rate by 50 basis points, the third straight increase since May in an effort to cool stubbornly high inflation

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