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Category RBI

The Reserve Bank of India's Monetary Policy Committee (MPC) cut the repo rate by 50 basis points (bps)

The Reserve Bank of India's Monetary Policy Committee (MPC) cut the repo rate by 50 basis points (bps)

On Friday, the Reserve Bank of India's Monetary Policy Committee (MPC) cut the repo rate by 50 basis points (bps) to 5.5%, marking the third consec...
India to drop a crypto regulation paper in June

India to drop a crypto regulation paper in June

India is reportedly set to drop a major discussion paper in June on crypto regulation.
RBI Accelerates Digital Rupee Rollout, Targets Global CBDC Partnerships

RBI Accelerates Digital Rupee Rollout, Targets Global CBDC Partnerships

The Reserve Bank of India is picking up the pace on its digital rupee pilot, rolling out new features that could actually make it useful for everyd...
India’s rupee surges amid RBI’s $9 billion bond purchase

India’s rupee surges amid RBI’s $9 billion bond purchase

The rupee closed at 84.58 on Friday in Mumbai, rising 1% in one week after a heavy dose of bond buying by the Reserve Bank of India.
Reserve Bank of India to inject $35 billion into the economy, boost credit growth by 2%

Reserve Bank of India to inject $35 billion into the economy, boost credit growth by 2%

The Reserve Bank of India said Monday it will unlock up to 3 trillion rupees—that’s $35.24 billion—from the banking system by loosening rules on li...