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New Delhi: A social media post is going viral that claims that people can get Rs 10 lakh monthly by investing Rs 22,000 in a scheme. The instagram post says that the scheme is endorsed by Finance Minister Nirmala Sitharaman and former RBI Governor Shaktikanta Das. Fact-checking agency PIB has refuted the social media claim….
New Delhi30 minutes ago Copy link FY 2025-26 budget arrived. Now the eye is on the Reserve Bank. It will be a meeting of the Monetary Policy Committee (MPC) between 5-7 February. Since the focus of the budget was on increasing consumption in the country, it is expected that the Reserve Bank will also help…
RBI Staff Bids Farewell To Outgoing RBI Governor Shaktikanta Das. Source link [ad_3]
Mumbai: Outgoing Reserve Bank Governor Shaktikanta Das said on Tuesday that restoring inflation-growth balance is the most important task ahead of the central bank. Addressing a press conference on his last day as the central bank chief, Das said his successor will have to navigate the changing world order, effectively deal with cyber threats, and…
Shaktikanta Das is a 1980-batch Tamil Nadu cadre IAS officer (File) New Delhi: Shaktikanta Das, who will demit office as the Governor of the Reserve Bank of India on Tuesday, was the key man behind the planning and execution of the demonetisation drive and rollout of the landmark Goods and Services Tax (GST). At the…
New Delhi: The total area sown during the ongoing Rabi crop season so far has surpassed 493.6 lakh hectares, up from 486.3 hectares in the same period last year raising hopes of higher agricultural production that would help to bring down food prices. The area covered under wheat has increased to 239.49 lakh hectares compared…
New Delhi: Reserve Bank of India Governor Shaktikanta Das who is nearing the end of his second term, recently avoided a question about his future during a press interaction. When asked about it, he responded, “I am not giving you any headline and I think it is better we stick to monetary policy,” during his…
New Delhi: Reserve Bank of India (RBI) Governor Shaktikanta Das met Finance Minister Nirmala Sitharaman at her office in the North Block on Saturday evening. The meeting comes just days before Das’ current term as RBI Governor ends, and a day after the monetary policy meeting. Das has served as the Governor of the RBI…
New Delhi: The Reserve Bank of India on Friday decided to keep the policy rate unchanged for the 11th time in a row. The MPC also decided to continue with the neutral stance of monetary policy as it provides flexibility to monitor the progress and outlook on disinflation and growth and to act appropriately. The…
New Delhi: The Reserve Bank of India on Friday said that Small Finance Banks will now be allowed to extend pre-sanctioned credit lines through the UPI. “Credit line on UPI was launched in September 2023 and was made available through Scheduled Commercial Banks (SCBs). It has now been decided to permit Small Finance Banks also…