Page 34 - Latest Updates on Reserve Bank of India
'Goldilocks' economy to prompt RBI to keep rates on hold: Economists
As India heads into a general election this month, the economy is growing faster than expected amid signs prices are trending lower though food inflation remains a risk
 "'Goldilocks' economy to prompt RBI to keep rates on hold: Economists")
First RBI MPC meet for FY25 starts today: Here is all you need to know
RBI Policy Meet: Experts believe the RBI will keep the repo rate unchanged at 6.5% and focus on bringing inflation towards the 4% target
 "First RBI MPC meet for FY25 starts today: Here is all you need to know")
'No change in RBI's stance on underlying exposure to forex derivatives'
The RBI had said in January that effective April 5, exchanges may offer forex derivative contracts involving the rupee to users "for the purpose of hedging contracted exposure"
 "'No change in RBI's stance on underlying exposure to forex derivatives'")
Will RBI change focus to growth after PM Narendra Modi's speech?
While the central bank has not hiked the repo rate for more than a year now, but it has refused to drop the guard on inflation even if core inflation has moderated
 "Will RBI change focus to growth after PM Narendra Modi's speech?")
Monetary policy preview: If it ain't broke, don't fix it
Core inflation is falling, and the rupee is stable. But the more pertinent question here is whether there is a need for monetary easing. Let's discuss the key determinants
After three years, RBI returns to multiple price auctions for govt bonds
Since July 2021, the RBI has been conducting auctions for bonds, under uniform pricing, except for ultra-long duration bonds maturing in 30 years and beyond
RBI reverts to multiple price auctions for govt securities after 3 years
Under the multiple price auctions, buyers are allotted bonds at the price they bid at, while uniform pricing means bonds are sold at the cutoff level
PM Modi calls for economic self-reliance, making rupee more acceptable
Modi praised the role of the RBI's Monetary Policy Committee (MPC) for taking steps to control inflation
 "PM Modi calls for economic self-reliance, making rupee more acceptable")
RBI has transitioned into being enabler for market economy: Shaktikanta Das
Shaktikanta Das stated that the RBI has evolved from a central bank focused on resource allocation during the planning era to an enabler for the market economy
 "RBI has transitioned into being enabler for market economy: Shaktikanta Das")
India needs to become economically self-reliant in next 10 years: PM Modi
Modi said the banking sector has become profitable and credit growth has been increasing because of efforts taken by his government and the RBI in the last decade
 "India needs to become economically self-reliant in next 10 years: PM Modi")
PM Modi in Mumbai: Check routes to avoid, timings and parking restrictions
Prime Minister Narendra Modi will be visiting Mumbai to join the celebrations of the RBI's 90th anniversary where he will be joined by Union Minister Nirmala Sitharaman, and other guests
RBI's journey of 90 years: The building of India's financial fortress
Prime Minister Narendra Modi will join the commemoration at the National Centre for Performing Arts in Mumbai
 "RBI's journey of 90 years: The building of India's financial fortress")
The RBI story: 90 and going strong
As the Reserve Bank celebrates its 90th birthday, here's a look at how different the pitch has been for different governors to bat on since economic liberalisation. Part 1 of a two-part series
 "The RBI story: 90 and going strong")
RBI may hold rate yet again to focus on inflation management: Experts
The Reserve Bank last hiked the repo rate to 6.5 per cent in February 2023 and since then it has held the rate at the same level in its last six bi-monthly policies
 "RBI may hold rate yet again to focus on inflation management: Experts")
RBI's rate decision, macro data to dictate market trends this week: Analyst
In addition, the trading activity of foreign investors, the rupee-dollar trend and the movement of global oil benchmark Brent crude would also influence trading in equity markets
 "RBI's rate decision, macro data to dictate market trends this week: Analyst")
RBI to set up Digital India Trust Agency to check illegal lending apps
The proposed agency will enable verification of digital lending apps and maintain a public register of verified apps, sources said
India's forex reserves rise by $140 mn to hit fresh peak of $642.63 bn
Gold reserves increased by $347 million to $51.487 billion during the week, the RBI said
 "India's forex reserves rise by $140 mn to hit fresh peak of $642.63 bn")
SBI Card to raise up to Rs 2,000 crore in capital via Tier II bonds
CRISIL Ratings has assigned its "AAA/Stable" rating to the Rs 2,000 crore non-convertible debentures and Rs 2,000 crore lower Tier II bonds
 "SBI Card to raise up to Rs 2,000 crore in capital via Tier II bonds")
Indian economy can grow at 8% till 2047, reforms are key: IMF's Subramanian
Subramanian further said that clearly 8% growth target is ambitious, because India has not grown consistently at 8 per cent before, but it is achievable
 "Indian economy can grow at 8% till 2047, reforms are key: IMF's Subramanian")
Bull market ageing, could lose steam from here, says Shankar Sharma
A 'Bull', he said, can at best do a short sprint and needs occasional breaks / pauses to catch its breath before charging again
 "Bull market ageing, could lose steam from here, says Shankar Sharma")
