Manoranjan Mishra

Photo: India Times

RBI Appoints Manoranjan Mishra As Executive Director

The Reserve Bank of India (RBI) has appointed Manoranjan Mishra as Executive Director. As the Executive Director (ED), Manoranjan Mishra will look after the Enforcement Department, Risk Monitoring Department, and Department of External Investments & Operations. Prior to this, he was serving as the Chief General Manager in the Department of Regulation. Manoranjan Mishra has experience of over three decades in the RBI, with banking… read-more

Thu, 02 Nov 2023 - 12:14 PM / by Varsha Joshi

Tags: RBI, manoranjan mishra, RBI Executive Director, Economic Graduate, National

Courtesy: NDTV

RBI Governor

Photo: India Today

Attrition High For Pvt Sector Banks, RBI Monitoring Issue: Governor Das


Attrition at some private sector banks is "high" and the RBI is "closely" looking at the issue, Governor Shaktikanta Das said on Tuesday. Speaking at the annual BFSI Insight Summit organized by the Business Standard, Das said this is an "impatient generation", where youngsters are switching jobs faster, as against the earlier generation's tendencies to stick longer in a job. This is resulting in the high attrition rate.

Wed, 01 Nov 2023 - 06:39 PM / by Varsha Joshi

Tags: RBI, Attrition


Photo: India Today

RBI Announces Wholesale Central Bank Digital Currency

Reserve Bank of India (RBI) is planning to extend wholesale Central Bank Digital Currency (CBDC) as a token for interbank borrowing or call money market, RBI sources said on Tuesday. The pilot in the wholesale segment, known as the Digital Rupee -Wholesale (e₹-W), was launched on November 1, 2022, with the use case being limited to the settlement of secondary market transactions in government securities.

Tue, 05 Sep 2023 - 07:16 PM / by Varsha Joshi

Tags: RBI, Token Money, Central Bank, Wholesale Credit, Business News


Photo: India Today

RBI MPC Meeting, Governor keeps Repo Rate Unchanged At 6.5%

The Reserve Bank of India (RBI) concluded its bimonthly monterary policy meeting, and announced a major relaxation for people. Considering inflation above the 4% target, the RBI Governor Shaktikanta Das led MPC decided to keep repo rate unchanged at 6.5%, Standing Deposit Facility Rate remains at 6.25%. Marginal Standing Facility Rate and Bank Rate unchanged at 6.75%. More announcement into the meeting is awaited.

Thu, 08 Jun 2023 - 10:30 AM / by Varsha Joshi

Tags: RBI GOVERNOR, Indian Banks, repo rate, RBI, business

Courtesy: Live Mint

Rs 2000 notes

Photo: India Today

Exchange Of Rs 2,000 Continues, SBI Collected Rs 17,000 Crore

The withdrawal of Rs 2,000 notes from circulation has been a ruckus for businessmen as they rush to banks for exchange. Despite a span of four months given by the Reserve Bank of India, the flow of money exchange continues. Notably, a considerable number of people are disposing of Rs. 2,000 notes. Furthermore, within a week, the State Bank of deposits and exchanged currency worth Rs 3,000 crore.

Tue, 30 May 2023 - 07:03 PM / by Varsha Joshi

Tags: Bank, SBI, Indian Business, RBI, Rs 2000 Notes

Delhi High Court

Photo: India Today

Delhi HC Rejects Plea Filed Over Rs 2,000 Note Exchange

The Delhi High Court dismissed a public interest litigation (PIL) filed against the decision of no identity proof and requisition slip, in order to exchange Rs 2,000 notes. The PIL opposed the Reserve Bank of India's (RBI) decision and demanded the court to direct the agency to reverse its order. However, the HC bench led by Justice Satish Kumar Sharma, refused to entertain the petitioner

Mon, 29 May 2023 - 11:30 AM / by Varsha Joshi

Tags: RBI, Delhi HC, Notes Exchange, Rs 2000, Petition

Rs 2000 notes

Photo: India Today

Delhi HC Lists PIL Against Rs 2,000 Note Withdrawal By RBI On May 29

The Delhi court, which was hearing a PIL challenging the RBI's decision to withdraw the banknote from circulation, posted the matter for hearing on May 29. The withdrawal of Rs 2000 denomination banknotes from circulation was a “currency management exercise”, said RBI. A bench headed by Chief Justice Satish Chandra Sharma is reviewing the matter, and asked the RBI to defer the decision of the withdrawal of Rs 2,000 notes.

Fri, 26 May 2023 - 05:29 PM / by Varsha Joshi

Tags: Delhi HC, Indian government, RBI, Rs 2, 000 note

RBI Governor

Photo: Business Line

RBI Keeps Reserve Repo Rate Unchanged At 6.5%

In a major business development, the Reserve Bank of india (RBI) kept repo rate unchanged at 6.5%. The last time RBI Monetary Policy Committee announced a hike in reserve repo rate by 25% was in 2023 February. The decision was taken considering the current inflation and economic crisis, globally. However India and its made in India initiative is working wonders, with India maintaining its economic situation.

Thu, 06 Apr 2023 - 02:46 PM / by Varsha Joshi

Tags: RBI, monetary policy committee, Reserve Repo Rate, Indian Business, Inflation

Courtesy: Live Mint


Photo: NDTV

RBI Likely To Hike Repo Rate By 25 Basis Points

To maintain the inflation in India, the Reserve Bank of India is likely to go for another hike in rates. Notably, the Central Bank will announce its bi-monthly monetary policy on April 6. If experts are to be believed, the RBI will hike its repo rate by 25 bps, to control inflation. In February, India’s retail inflation stood at 6.44%, while in January, it was at 6.52%.

Wed, 05 Apr 2023 - 06:20 PM / by Varsha Joshi

Tags: RBI, repo rate, Inflation, National Business, News 2023

Courtesy: The Indian Express


Photo: The Indian Express

RBI Likely To Pause Its Interest Rate Hike In April

The Reserve Bank of India (RBI) is expected to pause its interest rate hike and the current 6.5 percent repo rate could be the terminal rate for now, said SBI Research in its latest Ecowrap report. The repo rate is the interest rate at which the RBI lends money to all commercial banks. The next monetary policy meeting is scheduled for the first week of April 2023.

Mon, 27 Mar 2023 - 08:19 PM / by Varsha Joshi

Tags: business, RBI, Interest Hike, banking sector, MPC Committee

Courtesy: Zee News India