RBI hikes interest rate by 40 bps; EMIs to become expensive

In a move that will raise borrowing costs for corporate and individuals, the RBI on Wednesday after an unscheduled MPC meeting hiked the benchmark lending rate by 40 basis points (bps) to 4.40 per......

Economic recovery uneven, continued support crucial: RBI Guv

Amid prolonged uncertainty, continued policy support will be crucial for sustained economic recovery from the coronavirus pandemic, Reserve Bank Governor Shaktikanta Das said at the recent meeting......

What transpired at RBI's monetary meet

Uncertainty is emerging as the only certainty, said RBI Governor Shaktikanta Das as he emphasised on continued policy support at the December MPC meet during which members expressed concerns over......

RBI remains laser-focused to bring inflation back to 4%: Guv Das

The Reserve Bank remains laser-focused to bring back retail inflation to 4 per cent over a period of time in a non-disruptive manner, Governor Shaktikanta Das stressed while voting for status quo......