 | No loosening of monetary policy around the corner: RBI GuvInflation is our top priority now. We are still a long distance to cover to reach 4%, RBI said. |
 | Equity markets hit new peaks as RBI leaves policy rates unchangedThe BSE Sensex also touched an all-time high of 69,888 around 10:30 AM as the RBI governor announced a revision of the FY24 GDP growth estimate to 7%, 50 basis points higher than its earlier estimate |
 | RBI continues to remain cautious, maintains 'withdrawal of accommodation'Despite softening prices, RBI maintains 'withdrawal of accommodation' stance pointing out that inflationary risks are 'evenly balanced' |
| Rupee sees lower volatility relative to peers: RBI Governor Shaktikanta DasHe says this is due to the strength of underlying macro-fundamentals of the economy and reassuring forex buffers |
 | Monetary policy must remain extra alert to ensure economic stability: MPC minutesThe fundamental goal of the monetary policy is to align inflation with the 4 per cent target and anchor inflation expectations, Das said. |
 | Tokenising cards for safer transactionsTokenisation replaces actual card details with a 16-digit code, which is a unique combination of the card, the merchant or entity accepting the token, and the device on which the payment is made. |
 | RBI once again raises red flag over rising personal loans"The need of the hour is robust risk management and stronger underwriting standards," RBI Governor Shaktikanta Das said in his monetary policy statement on Friday. |
 | RBI Monetary Policy: FY24 Real GDP Growth Projected at 6.5 per cent, CPI Inflation at 5.4 per cent"Risks are evenly balanced...economic activity continues to be resilient and the data points justify that .. current year GDP growth will be at 6.5%," Das said. |
 | RBI Guv red-flags dominance of a few board members in large banksHe emphasised on the need for fair and democratic board discussions, where every director has an opportunity to express their views. |
| RBI Governor wants self regulatory body for fintechFintechs need to adopt best practices to avoid misselling, and stress on ethical practices, Shaktikanta Das said. |
 | RBI committed to bring down inflation to 4 per cent; watchful of price risks: Governor DasThe central bank has been mandated by the government to keep inflation at 4 per cent with a margin of 2 per cent on either side. |
| Urban co-op banks asked to strengthen governanceThe Governor held a conference of directors on the boards of select large urban cooperative banks (UCBs) in Mumbai Zone. |
 | RBI curbs excess liquidity amid war against inflationTaking cues from RBI’s liquidity tightening measures, the overnight call money rates have risen over the past few weeks. |
 | RBI asks NBFCs to strengthen governance standardsIn a meeting with MD''s and CEO's of upper layer non-bank lenders, the apex bank discussed risks associated with high credit growth in retail segment, particularly in unsecured lending space. |
 | RBI Governor pitches for expeditious completion of quota review at IMFShaktikanta Das speaks at a seminar on the global economy organised by the Ministry of Finance in Mumbai. |
 | RBI hikes CRR to suck out over Rs 1 lakh crore liquidity from banking systemThe move was the best option under the current circumstances to drain excess liquidity, said the RBI Governor Shaktikanta Das on Thursday. |
 | May need to go beyond keeping Arjuna's eye to tame inflation: RBI GuvUncertainties, however, remain on domestic food price outlook due to sudden weather events and possible El Niño conditions in August and beyond, he added. |
 | RBI, repo rate and tomatoes: A hawkish Das upsets the 'peak rate' narrativeUntil now, markets were asking when will rate cuts begin? Following Thursday's policy statement, the question is if rate hikes will make a comeback. |
 | CBDC to enable smooth cross border payments: RBI GovernorHe further added that the International Monetary Fund (IMF) is also working towards micro financial challenges rising out of CBDC which will also be factored in. |
| RBI Guv asks banks to be vigilant amid volatility in global economyThe governor held meetings with the MDs and CEOs of public sector banks and select private sector banks in Mumbai. |
