(June 5): India’s central bank left interest rates unchanged, in line with most expectations, as policymakers seek to cushion the economy and wait out inflation pressures. The six-member Monetary Policy Committee unanimously agreed to keep the benchmark r... See more
Home Economy RBI says report on selling gold incorrect, physical stock remains unchanged Economy RBI says report on selling gold incorrect, physical stock remains unchanged Bloomberg Economics had reported that the central bank likely sold gold reserves w... See more
Home Economy RBI paid record dividend from currency gains, annual report says Economy RBI paid record dividend from currency gains, annual report says The central bank transfered a record Rs 2.87 trillion ($30.1 billion) as dividend to the govt, compared ... See more
Home Economy RBI may revisit 2013 crisis playbook as rupee slides to record low Economy RBI may revisit 2013 crisis playbook as rupee slides to record low With the rupee nearing 97 against the dollar, the RBI is weighing rate hikes and dollar-raising meas... See more
Listen to this article in summarized format The Reserve Bank of Indiaunder Governor Sanjay Malhotrais considering a range of measures to stabilize the currency, including raising interest rates, additional currency swaps and steps to raise dollars from ov... See more