reserve bank
PAGE 13
Latest from reserve bank
RBI MPC decision on April 9, experts say 25 bps repo rate cut possible
The potential rate cut is to counter economic strain from the 26% tariff on Indian imports by the US, which is expected to affect India’s GDP growth this year.

IndusInd Bank stock jumps nearly 6% after RBI assures bank's stability
The RBI in the clarificatory statement said there was no need for depositors to react to the speculative reports at this juncture.

RBI imposes ₹68 lakh penalty on Nainital Bank, Ujjivan Small Finance Bank
RBI also levied a penalty of ₹5.80 lakh on Shriram Finance, a non-banking entity, for non-compliance with certain provisions.

Revenue secretary Sanjay Malhotra appointed as new RBI governor
Revenue secretary Sanjay Malhotra appointed new RBI governor

Since withdrawal, 98% of ₹2,000 notes have been returned: RBI
The Reserve Bank of India reported that 98% of ₹2,000 notes have been returned since their withdrawal announcement in May 2023.
