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RBI to transfer surplus of Rs 1.76 lakh crore to the government as per Bimal Jalan Committee recommendation

RBI found that it has more capital than required, and decided to transfer the excess amount to the government

The skewed analysis must stop: We need to stop looking at just the repo rates and talk about real rates instead

A recent article by a commentator in Hindustan Times mentions that the MPC had little ability to stimulate growth

RBI to launch mobile app for currency note identification to help visually impaired people

If successful, the RBI would help about 80 lakh blind or visually impaired people in the country

Former RBI governor Urjit Patel says before 2014, RBI and government was slow in tackling bank crisis

Urjit Patel held dilatory tactics adopted by the regulator, government and the banks till 2014 responsible for the looming NPA crisis

RBI Deputy Governor Viral Acharya resigns, six months prior to scheduled end of term

Acharya reportedly had a difference of opinion with Reserve Bank Governor Shaktikanta Das over easing of interest rates to boost economic growth.

RBI cuts repo rates for third time in a year; alters policy stand to ‘accommodative’

The RBI has delivered a rate cut of 25 bps, making it three consecutive rate cuts in a year

Rupee continues to strengthen on expectations that Modi is going to form the government again

The month of March has witnessed the most robust Rupee performance since 2nd January 2019.

On the expectation of PM Modi’s re-election in 2019, Rupee hits two-and-a-half-month high

The surging popularity of Modi could also be seen as three opinion polls envisioned a clear majority of the NDA in the upcoming general elections

RBI Policy: Repo rate cut by 25 bps, GDP projected at 7.4%, EMIs may come down

The RBI has also brought down the Repo rate by 0.25 basis points bringing it from 6.5% to 6.25%

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