Page 3 - Latest Updates on Reserve Bank of India
Rupee hits record low as appointment of new RBI chief spurs dovish bets
The rupee hit a low of 84.80 in early trading, surpassing its previous all-time low of 84.7575 hit last week
 "Rupee hits record low as appointment of new RBI chief spurs dovish bets")
Investors urge RBI to let state govt debt be sold as zero-coupon bonds
Allowing state notes to be turned into so-called strip bonds would give investors an extra spread of 30-to-40 basis points over comparable federal securities, one of the people said
Turning the page: Focus on external front new RBI governor's first test
Mr Das' term over the past six years was fairly challenging for both the Indian economy and the RBI, largely because of the pandemic
 "Turning the page: Focus on external front new RBI governor's first test")
Six years of Shaktikanta Das's leadership as Mint Road's helmsman
It's been an eventful six year for Shaktikanta Das as Mint Road's helmsman. Here's a look at some of the significant moves during his watch
 "Six years of Shaktikanta Das's leadership as Mint Road's helmsman")
Fuelling growth, taming inflation to top Sanjay Malhotra's agenda at RBI
The pace of the country's economic growth moderated sharply in the second quarter ended September 2024
Princeton-educated, consensus builder Sanjay Malhotra appointed new RBI Guv
He takes over as the 26th Governor of the central bank at a time when the RBI is under pressure to cut interest rates to support growth
Revenue Secretary Sanjay Malhotra succeeds Shaktikanta Das as RBI governor
Malhotra takes over the reins of the RBI at a time when growth in the domestic economy has fallen to a seven-quarter low
 "Revenue Secretary Sanjay Malhotra succeeds Shaktikanta Das as RBI governor")
Shaktikanta Das: More hits than misses in six-year tenure as RBI governor
RBI became stronger, surer under Shaktikanta Das
 "Shaktikanta Das: More hits than misses in six-year tenure as RBI governor")
Shaktikanta Das: The man behind GST, note ban, Covid monetary response
Das, 67, a career bureaucrat, was put into the high job of the RBI Governor when Urjit Patel abruptly resigned in December 2018
 "Shaktikanta Das: The man behind GST, note ban, Covid monetary response")
RBI Governor Shaktikanta Das to demit office on Tuesday after 6 years
Not once since he took over did the issue of the RBI autonomy come up in news headlines. Das has been articulate and approachable to his colleagues and the media
 "RBI Governor Shaktikanta Das to demit office on Tuesday after 6 years")
Sanjay Malhotra to be next RBI governor, to succeed Shaktikanta Das
Sanjay Malhotra, a 1990 batch IAS officer from the Rajasthan cadre, will take over from Shaktikanta Das, whose term comes to an end on December 10
 "Sanjay Malhotra to be next RBI governor, to succeed Shaktikanta Das")
Repo rate status quo shows RBI's continued focus on inflation over growth
Monetary policy support to growth will be limited
 "Repo rate status quo shows RBI's continued focus on inflation over growth")
News updates: MCOCA court remands eight accused in judicial custody in Baba Siddique murder
Stay with us for all the major news updates from around the world
 "News updates: MCOCA court remands eight accused in judicial custody in Baba Siddique murder")
RBI to launch podcasts for wider dissemination of info to general public
In recent years, the Reserve Bank has significantly expanded its public awareness initiatives, including active engagement on social media platforms
RBI policy: CRR cut to improve lenders' margins, may lift credit growth
Deposit rates may start easing
 "RBI policy: CRR cut to improve lenders' margins, may lift credit growth")
RBI to introduce new benchmark SORR based on secured money markets
Secured Overnight Rupee Rate (SORR), will be developed with the support of Financial Benchmarks India Limited (FBIL), which has been requested to take the proposal forward
 "RBI to introduce new benchmark SORR based on secured money markets")
RBI Innovation Hub develops MuleHunter.ai to combat mule account frauds
The RBI has taken several measures to prevent and mitigate digital frauds in the financial sector, including the issuance of cybersecurity and cyber fraud prevention guidelines, among others
 "RBI Innovation Hub develops MuleHunter.ai to combat mule account frauds")
What is MuleHunter.AI? RBI's latest tool against financial fraud explained
The Reserve Bank Innovation Hub has launched MuleHunter.AI, an advanced AI tool designed to identify and flag mule accounts, aiming to combat financial fraud and money laundering
 "What is MuleHunter.AI? RBI's latest tool against financial fraud explained")
Realty, infra firms say CRR cut positive for sector, will infuse liquidity
RBI's decision will enable banks to have more funds to lend, they say
 "Realty, infra firms say CRR cut positive for sector, will infuse liquidity")
No room for knee-jerk reaction on growth forecast, RBI action: Guv Das
RBI Monetary Policy Committee answers queries on growth forecasts, liquidity, cash demand, and CRR adjustment
 "No room for knee-jerk reaction on growth forecast, RBI action: Guv Das")
