After a long gap of nearly four years, the US Federal Reserve has finally taken a major decision and announced a cut in the policy rate (US Fed Rate Cut). As per the forecast, the rate has been reduced by 50 basis points or 0.50%. The decision to change the interest rate has been taken
There has been relief on the inflation front in the last month and it is now within the range set by the Reserve Bank of India (RBI). On the other hand, there are indications of a cut in policy rates by the Federal Reserve in the US as well. In such a situation, the central
The results of the monetary policy meeting of the Reserve Bank of India (RBI MPC Meeting Results) have come and it has been decided to keep the repo rate stable for the 9th consecutive time. However, while announcing the results, Central Bank Governor Shaktikanta Das announced a relief change regarding UPI (UPI Rule Change). Actually,
The results of the MPC meeting of the Reserve Bank of India (RBI MPC Meeting Results) have arrived. Central Bank Governor Shaktikanta Das, while announcing the results of the first Monetary Policy Committee meeting held after the Budget (Budget 2024) at 10 am, said that this time also there will be no change in the
Amid the global crisis, the results of the MPC meeting of the Reserve Bank of India (RBI MPC Meeting Results) are going to come shortly from now and Central Bank Governor Shaktikanta Das will speak after the Budget (Budget 2024) at 10 am. Will announce the results of the first meeting being held. Only after
Mumbai : RBI Governor Shaktikanta Das said on Friday that banks and financial institutions need to maintain the highest level of vigil and strengthen their IT systems keeping in mind the growing incidences of cyber-attacks globally. The Reserve Bank’s supervisory assessments continue to stress the importance of improving Information Technology governance arrangements; making the technology
While the bank late on Monday announced RBI’s decision to appoint retired chief general manager Arun Kumar Singh as an additional director on its board, it did not specify the rationale behind the step. A person familiar with the development said RBI’s move was likely to ensure a smooth transition at Bandhan Bank considering its