Page 25 - Latest Updates on Reserve Bank of India
Decoded: Why does the RBI keep gold abroad and why has it got some back?
With the transfer of around 100 metric tonnes of gold from the UK last week, India's gold reserves are now evenly distributed, with 400 tonnes each in India and abroad
 "Decoded: Why does the RBI keep gold abroad and why has it got some back?")
RBI permits automatic replenishment of UPI Lite wallet: Check details
UPI Lite users can make payments of up to Rs 500 without a PIN
 "RBI permits automatic replenishment of UPI Lite wallet: Check details")
RBI hikes threshold for bulk fixed deposit to Rs 3 crore from Rs 2 crore
Bulk fixed deposits earn slightly higher interest rate than retail term deposits as banks offer different rates as part of their liquidity management exercise
 "RBI hikes threshold for bulk fixed deposit to Rs 3 crore from Rs 2 crore")
RBI's GDP projections, gains in IT stocks help Indian shares trade higher
The NSE Nifty 50 index was up 1% at 23,060 points and the S&P BSE Sensex added 1.2% to 75,941 points after the rate decision
 "RBI's GDP projections, gains in IT stocks help Indian shares trade higher")
Repo rate unchanged for 8th time, GDP raised: 5 key takeaways from RBI MPC
The decision to maintain the repo rate and raise the GDP forecast was made during the Monetary Policy Committee meeting held between June 5 and June 7
 "Repo rate unchanged for 8th time, GDP raised: 5 key takeaways from RBI MPC")
RBI keeps repo rate unchanged, hikes FY25 GDP growth forecast: Details here
The RBI MPC maintained its 'withdrawal of accommodation' stance and kept the repo rate unchanged at 6.5 per cent. The RBI revised FY25 GDP growth forecast to 7.2 per cent
 "RBI keeps repo rate unchanged, hikes FY25 GDP growth forecast: Details here")
Rupee to hold above $83.50; awaits RBI policy, US non-farm payroll report
Non-deliverable forwards indicate rupee will mostly be flat from 83.4725 in the previous session
 "Rupee to hold above $83.50; awaits RBI policy, US non-farm payroll report")
RBI monetary policy: When and where to watch the governor's announcement?
RBI Monetary Policy Committee meeting LIVE updates: Economists expect the central bank to maintain the repo rate at 6.5 per cent for the eighth consecutive time
 "RBI monetary policy: When and where to watch the governor's announcement?")
RBI MPC highlights: Last mile of our journey towards 4% inflation target is sticky, says Governor
RBI MPC Meeting highlights: RBI Monetary Policy Committee (MPC) kept the repo rate unchanged at 6.5% for the eight consecutive time and will continue with its stance of 'withdrawal of accommodation.'
 "RBI MPC highlights: Last mile of our journey towards 4% inflation target is sticky, says Governor")
RBI-appointed auditor completes the special audit of IIFL Finance
Finance firm facing curb on gold loan business
 "RBI-appointed auditor completes the special audit of IIFL Finance")
RBI penalties surge 88% in last 3 years, KYC and AML top violations list
The Reserve Bank of India has collected Rs 78.6 crore from these penalties over three years, including 261 penalties in 2023 alone
 "RBI penalties surge 88% in last 3 years, KYC and AML top violations list")
RBI Policy: What are the expectations from first MPC meet after elections?
Following the outcome of the Lok Sabha Elections, concerns have escalated over a potential deceleration in fiscal consolidation coupled with amplified welfare spending
 "RBI Policy: What are the expectations from first MPC meet after elections?")
RBI MPC June meeting underway: It's goal, members; everything explained
The RBI MPC is entrusted with the responsibility of monetary policy in India with the primary objective of maintaining price stability while keeping in mind the objective of growth
 "RBI MPC June meeting underway: It's goal, members; everything explained")
MPC meeting: How has inflation behaved since RBI hiked repo rate last year
The expectations for the RBI panel to begin cutting interest rates soon are there, however, the exact timing remains uncertain
RBI may keep interest rates on hold as slim Modi win boosts fiscal risks
Economists had already been pushing their forecasts for rate cuts to later in the year, predicting the RBI won't move until the US Federal Reserve pivots
 "RBI may keep interest rates on hold as slim Modi win boosts fiscal risks")
RBI Monetary Policy June 2024: Check date, time and what to expect
RBI Policy: The six-member committee tasked with setting India's benchmark interest rate, the repo rate, will meet from June 5 to June 7
 "RBI Monetary Policy June 2024: Check date, time and what to expect")
Govt borrowing cut expectations fade as coalition govt takes shape
The bond market anticipates that the Reserve Bank of India (RBI) will continue conducting buyback auctions to manage the government's surplus cash
 "Govt borrowing cut expectations fade as coalition govt takes shape")
Smiling with a stiff upper lip
Alpana Killawala's book gives us a reality check and puts the role of communication at the Reserve Bank of India, along with people specialising in the function, into perspective
 "Smiling with a stiff upper lip")
RBI expected to hold rates on Friday as economic growth stays robust
The MPC last changed rates in February 2023, when the policy rate was hiked to 6.5%
RBI's Monetary Policy Committee second meeting of FY25 from June 5-7
A poll by Bloomberg revealed that economists expected the India's central bank to maintain the repo rate at 6.5 per cent for the eight consecutive time
