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RBI Governor Sanjay Malhotra on Wednesday announced a 25 basis cut in the policy rate from 6.25 per cent to 6 per cent and change in monetary policy stance from neutral to accommodative to accelerate economic growth.

RBI cuts repo rate by 25 basis points, switches to accommodative stance to spur growth

In a speech at the Lal Bahadur Shastri National Academy of Administration, Mussoorie, this week, Patra said there is a traditional advantage that is likely to continue working in favour of India’s growth prospects.

India has potential to become world’s 2nd largest economy by 2031: RBI Dy Governor

An individual client -- Adani Group -- will not bring down the Indian banking system as the country's banking sector is resilient and strong, Reserve Bank of India (RBI) Governor Shaktikanta Das said.

One client will not affect Indian banking system: RBI Governor on Adani row

The Reserve Bank of India (RBI) raised the repo rate by 0.35% due to mounting inflation concerns.

RBI raises Repo Rate by 35 bps: Will the EMI on an existing loan also rise?

Customers would be able to avail the benefits of 24x7 RTGS, NACH on all days of the week, with effect from August 1.

RBI New Rules: Salary, pension & EMI rules to change from 1 August 2021

RBI Governor announced the decision on the key rates after the MPC concluded its three-day meeting.

RBI Monetary Policy 2021: Repo rate remains same for the sixth consecutive time

Das, however, said that he is asymptomatic and is feeling alright.

RBI Governor Shaktikanta Das tests positive for Covid-19, to work from isolation

Das, however, showed faith and confidence on the resilience of the Indian economy, and said: "We have faith on the Indian economy."

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