The Indian government said Shaktikanta Das has been re-appointed as the governor of the Reserve Bank of India (RBI) for another three years or until further orders.

India re-appoints Das as RBI governor for another three years

India and Singapore will link their respective fast payment systems -- Unified Payments Interface (UPI) and PayNow -- to enable users to make instant, low-cost fund transfers on a reciprocal basis, the Reserve Bank said on Tuesday.

India, Singapore launch project to link payment systems for instant fund transfers

Concerned over the inconvenience caused to the public due to the non-availability of cash in ATMs, the Reserve Bank has decided to penalise banks for failure to timely replenish currency notes in such machines.

RBI to penalise banks for non-availability of cash in ATMs from October 1

The Reserve Bank of India (RBI) barred Mastercard from acquiring new customers starting July 22. The payments operator has been barred from adding domestic customers across three categories of cards – debit, credit as well as prepaid.

World Business Watch: RBI bars Mastercard from adding new clients in India from July 22

India's economy has not moderated to the extent it did during the first wave but uncertainties can act as a deterrent in the short term, the Reserve Bank of India said on Thursday.

Indian economy not as hard hit as first wave but uncertainties remain, says RBI

The restructuring option will be open to borrowers who hadn’t availed in 2020. Borrowers can now opt for it if the amount is less than Rs 25 crore.

RBI Governor announces loans restructuring facility for small borrowers

Stating that "growth is of paramount importance now", India's Reserve Bank on Wednesday said it will do whatever it takes to sustain the fledgling recovery by ensuring ample and assured liquidity and cheaper funds to oil the wheels of the economy.

Supporting growth paramount for RBI now: Governor Shaktikanta Das

The Reserve Bank Of India on Wednesday in its monetary policy for Financial Year of 2021-22 kept Repo Rate unchanged at 4%. The RBI’s monetary policy announcement has come on Wednesday after the Central government had asked the Reserve Bank to maintain retail inflation at 4 per cent with a margin of 2 per cent on either side for another five-year period ending March 2026.

RBI keeps Repo Rate unchanged at 4 Per Cent

Reserve Bank of India (RBI) Governor Shaktikanta Das on Thursday said there is a need for coordinated action between the centre and state governments to reduce taxes on petrol and diesel prices.

Need coordinated action between centre, states on tax reduction in fuel prices: RBI governor 

India`s central bank kept rates steady at record low levels as expected on Friday and said it would maintain support for the economy`s recovery from the pandemic by ensuring ample liquidity for markets to absorb a massive government borrowing programme.

RBI holds interest rates steady at record lows as economic outlook improves

The central bank had slashed the repo rate by 115 basis points since late March 2020 to support growth

India's central bank to keep repo rate unchanged at 4%

The Madurai bench of the Madras High Court has ordered notice to the Central, State Governments, Google, RBI among other institutions regarding the spate in cases of Online money lending at high interest rates via mobile apps.

PIL in Madras High Court seeks ban on Instant Money lending apps sans RBI permit 

Reserve Bank of India on Friday decided to keep benchmark interest rate unchanged at 4% but maintained an accommodative stance, implying more rate cuts in the future if the need arises to support the economy hit by the COVID-19 crisis.

RBI keeps repo rate unchanged at 4%, GDP forecast upgraded

Indian Sensex touches 45,000 mark for the first time, the Indian central bank RBI upgrades growth projections.

Indian Sensex create history by touching 45,000 mark for the first time

In an unprecedented move, the Reserve Bank has temporarily barred HDFC Bank from launching digital banking initiatives and issuing new credit cards after taking a serious view of service outages at the country's largest private sector lender over the last two years.

RBI temporarily bars HDFC Bank from issuing new credit cards, launching digital initiatives

Real estate developers on Friday welcomed the RBI's decision to lower risk weightage on housing loans, saying it would boost credit flow to the sector, but demanded that more steps should be taken to revive the industry.

Real estate developers welcome RBI's decision to lower risk weightage on home loans

The Reserve Bank of India (RBI) left key interest rates unchanged on Friday but signalled more easing ahead to support an economy that it sees contracting 9.5 per cent in the current fiscal.

RBI holds interest rates, sees economy contracting 9.5% in FY21 

The newly-constituted Monetary Policy Committee (MPC) of the Reserve Bank will begin its three-day deliberations on Wednesday amid expectations that the central bank this time around may refrain from changing the benchmark lending rates.

RBI'S MPC panel likely to hold rates

With the government appointing three members on the Monetary Policy Committee (MPC), the Reserve Bank on Tuesday said the next meeting of the rate setting panel will be held for three days beginning October 7.

RBI's next monetary policy panel meeting from October 7-9

The Reserve Bank of India (RBI) is likely to hold repo rate steady by maintaining status quo. Watch this video to know more.

India: RBI likely to hold repo rate steady

A committee set up by the Reserve Bank of India (RBI) to make recommendations on restructuring loans for the Indian banking sector has submitted its report and it has been broadly accepted, the RBI said.

RBI outlines guidelines on debt resolution for stressed sectors

The impact of the pandemic could cause a structural downshift in the potential output of Indian economy, the RBI said on Tuesday in its 2019-20 annual report.

Economic recovery post COVID-19 will be different from that of 2008

Indian government consumption will support current economic demand while private consumption is likely to lead a recovery that takes hold after the coronavirus pandemic eases, the central bank said on Tuesday.

Indian government consumption key to demand growth in economy, says RBI

India’s policymakers should focus on protecting the economy as businesses struggle amid the coronavirus pandemic instead of being overly focused on what ratings agencies think, former Reserve Bank of India governor Raghuram Rajan said on Thursday.

India should focus on protecting economy, says ex-RBI governor

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