monetary policy – News Portal

RBI Deputy Governor rules out stablecoins in India

December 12, 2025December 12, 2025cpooldigitalLeave a Comment

[ad_1] Reserve Bank of India (RBI) Deputy Governor T. Rabi Sankar. File | Photo Credit: ANI RBI Deputy Governor T. Rabi Sankar ruled out the need for stablecoins as they do not “appear to have” a promise to pay, which is the feature of a sovereign currency, while speaking at a media event on Friday […]

Govt invites application for RBI Deputy Governor post

March 19, 2023March 19, 2023cpooldigitalLeave a Comment

[ad_1] The Reserve Bank of India seal on a gate outside the RBI headquarters in Mumbai. File | Photo Credit: Reuters The Finance Ministry has initiated the process to appoint a new Reserve Bank Deputy Governor in place of M.K. Jain, whose extended term is coming to an end in June. The applicant should have […]

Indian economic growth ‘extremely fragile’, needs all support: RBI Monetary Policy Committee member Jayanth Varma

December 23, 2022December 23, 2022cpooldigitalLeave a Comment

[ad_1] India’s economic growth is now ‘extremely fragile’ and needs all the support that it can get, as private consumption and capital investment are yet to pick up, RBI Monetary Policy Committee (MPC) member Jayanth R Varma said on December 23. Mr. Varma further said out of the four engines of growth for the economy, […]

Pause could prove costly, said Shaktikanta Das; growth fragile, held MPC dissenter Varma

December 21, 2022December 21, 2022cpooldigitalLeave a Comment

[ad_1] Reserve Bank of India (RBI) Governor Shaktikanta Das. File. | Photo Credit: PTI The Reserve Bank of India could ill afford to opt for a “premature pause in monetary policy action” as it would prove costly at a time when there was stickiness in core inflation, Governor Shaktikanta Das stressed at the Monetary Policy […]

India should choose fiscal, monetary policy carefully to support ‘bright spot’ growth forecast: IMF

October 14, 2022October 14, 2022cpooldigitalLeave a Comment

[ad_1] With downgrades in growth forecasts from June, and a slowdown predicted next year, a growth rate next fiscal year of 6.1% for India was “still a bright spot”, said an IMF official With downgrades in growth forecasts from June, and a slowdown predicted next year, a growth rate next fiscal year of 6.1% for […]

RBI raises repo rate by 50 basis points

September 30, 2022September 30, 2022cpooldigitalLeave a Comment

[ad_1] The announcement was made by the Monetary Policy Committee (MPC) of RBI. The announcement was made by the Monetary Policy Committee (MPC) of RBI. The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on September 30, 2022 increased policy repo rate by 50 basis points (bps) to 5.9% making loans expensive. […]

Investors richer by more than ₹5.77 lakh crore as markets rally

June 21, 2022June 22, 2022cpooldigitalLeave a Comment

[ad_1] The BSE Sensex zoomed 934.23 points or 1.81% to settle at 52,532.07. The BSE Sensex zoomed 934.23 points or 1.81% to settle at 52,532.07. Equity investors became richer by more than ₹5.77 lakh crore on June 21, helped by a rally in the broader market where the BSE benchmark jumped nearly 2%. The BSE […]