Page 4 - Latest Updates on Reserve Bank of India
RBI raises FY25 inflation estimate to 4.8%, CPI to remain elevated in Q3
Consumer price index (CPI)-based inflation increased sharply in September and October 2024 led by an unanticipated increase in food prices
 "RBI raises FY25 inflation estimate to 4.8%, CPI to remain elevated in Q3")
RBI raises rates for non-residents to attract forex, halt rupee losses
The move comes as the monetary authority has been using its foreign-exchange reserves to slow the pace of the drop in the rupee
 "RBI raises rates for non-residents to attract forex, halt rupee losses")
What did RBI Governor Shaktikanta Das say about his tenure extension?
RBI MPC: Governor Shaktikanta Das dodges term question with a smile, focuses on policy
 "What did RBI Governor Shaktikanta Das say about his tenure extension?")
RBI allows small finance banks to offer pre-sanctioned credit line on UPI
Step will 'further deepen financial inclusion and enhance formal credit', says central bank
 "RBI allows small finance banks to offer pre-sanctioned credit line on UPI")
RBI hikes rate caps on diaspora's currency deposits to attract flows
Das said the rupee has depreciated by 1.3 per cent mainly on strengthening of the US dollar
 "RBI hikes rate caps on diaspora's currency deposits to attract flows")
RBI keeps repo rate unchanged, cuts banks' CRR and lowers GDP forecast
Monetary Policy Committee keeps repo rate unchanged at 6.50% for the eleventh consecutive review
 "RBI keeps repo rate unchanged, cuts banks' CRR and lowers GDP forecast")
RBI MPC: Inflation remains a key concern, Das expects relief in Q4 FY25
The RBI Governor Shaktikanta Das in his MPC announcement said that factors like frequent weather disruptions, geopolitical tensions, and financial market volatility pose significant risks to inflation
 "RBI MPC: Inflation remains a key concern, Das expects relief in Q4 FY25")
RBI keeps repo rate unchanged at 6.5%, lowers FY25 GDP growth forecast
Reserve Bank of India Monetary Policy Committee: Food prices likely to keep headline inflation up in the near future
 "RBI keeps repo rate unchanged at 6.5%, lowers FY25 GDP growth forecast")
RBI Monetary Policy: Date, time, & where to watch Shaktikanta Das live
The RBI's crucial Monetary Policy review is underway, with Governor Shaktikanta Das set to reveal key decisions on December 6 at 10 am. Here's what you need to know
RBI MPC: Policy likely to ease through liquidity if not rates, say analysts
MPC is largely expected to hold the key policy rate steady at 6.5 per cent for the eleventh straight meeting, but a few economists have forecast a 25 basis points (bps) cut
RBI MPC Updates: Shaktikanta Das headlines inflation, says no room for knee-jerk reactions
RBI Monetary Policy Meeting Dec 2024 Updates: Catch all the updates here
 "RBI MPC Updates: Shaktikanta Das headlines inflation, says no room for knee-jerk reactions")
RBI approves Canara Bank's stake sale in MF, insurance subsidiaries via IPO
Canara Robeco AMC was established in 1993 and was initially known as Canbank Mutual Fund
 "RBI approves Canara Bank's stake sale in MF, insurance subsidiaries via IPO")
Rupee weakness will not deter RBI from cutting rates, says Nomura
Nomura noted that high prices were concentrated in a few items, including food, rather than being broad-based, and that inflation excluding vegetables and other volatile items was still subdued
 "Rupee weakness will not deter RBI from cutting rates, says Nomura")
News updates: Nykaa Fashion CEO Nihir Parikh quits with immediate effect
Latest news updates: Catch all the major news updates from across the world here
 "News updates: Nykaa Fashion CEO Nihir Parikh quits with immediate effect")
Brickwork Ratings settles matter with mkt regulator Sebi for Rs 1.54 crore
In January 2020, Sebi and the Reserve Bank of India had undertaken a joint inspection of Brickwork, where the two regulators found "several irregularities"
 "Brickwork Ratings settles matter with mkt regulator Sebi for Rs 1.54 crore")
SBI urges RBI to include non-financial transactions for account status
SBI had also started announcing a special drive on inoperative accounts over the weekend
 "SBI urges RBI to include non-financial transactions for account status")
Rupee recovers losses after hitting new intraday low of 84.76 per dollar
Market participants said that the RBI might have sold around $2 billion today, which helped the domestic currency cut losses
 "Rupee recovers losses after hitting new intraday low of 84.76 per dollar")
Speculation over RBI Guv Shaktikanta Das' extension grows after GDP miss
Das himself has largely refrained from discussing his own future, telling Bloomberg a few months ago that he's focused on his work at the RBI
 "Speculation over RBI Guv Shaktikanta Das' extension grows after GDP miss")
Self-help groups, farmers struggling to get loans : RBI Deputy Governor
MSMEs led by women underserved in borrowing system, says Swaminathan J in speech
 "Self-help groups, farmers struggling to get loans : RBI Deputy Governor")
Will RBI announce a rate cut? MPC meet date, time, and what to expect
The RBI is expected to revise its growth forecast for the financial year 2024-25 following low Q2 GDP figures
