Rbi news

Here are the latest news and updates from the Reserve Bank of India (RBI):

Recent News

  1. RBI keeps repo rate unchanged: The RBI has kept the repo rate unchanged at 4% in its monetary policy review on April 7, 2023.
  2. Inflation target revised: The RBI has revised its inflation target to 4% (+/- 2%) for the period 2023-24, from the earlier target of 4% (+/- 1%).
  3. RBI introduces new norms for NBFCs: The RBI has introduced new norms for non-banking financial companies (NBFCs) to improve their risk management and governance practices.
  4. RBI launches digital payments system: The RBI has launched a digital payments system, called "RBI e-NACH", to facilitate online transactions.
  5. RBI imposes penalties on banks: The RBI has imposed penalties on several banks for non-compliance with regulatory norms.

Upcoming Events

  1. RBI's Monetary Policy Review: The RBI will review its monetary policy on June 7, 2023, to announce any changes to interest rates and other monetary policy measures.
  2. RBI's Financial Stability Report: The RBI will release its Financial Stability Report on June 15, 2023, which will provide insights into the stability of the financial system.

Recent Press Releases

  1. RBI's Press Release on Monetary Policy Review: The RBI has released a press release on its monetary policy review, which includes details on the repo rate, inflation target, and other monetary policy measures.
  2. RBI's Press Release on NBFCs: The RBI has released a press release on its new norms for NBFCs, which includes details on the new regulations and guidelines.

Recent Speeches

  1. RBI Governor's Speech: The RBI Governor has delivered a speech on the state of the economy and the monetary policy framework, which is available on the RBI's website.
  2. RBI Deputy Governor's Speech: The RBI Deputy Governor has delivered a speech on the financial stability of the system and the challenges faced by the banking sector, which is available on the RBI's website.

Please note that the news and updates are subject to change and may not be comprehensive. For the latest information, please visit the RBI's official website.