RBI, the central bank of India, is the apex monetary institution that supervises, regulates, controls, and develops the monetary and financial system of India. The Reserve Bank was established in ...

MediaNama’s Take: In December 2016, the Watal Committee report recommended that the government make the regulation of payments independent of the central banking functions of the Reserve Bank of India ...

RBI raises FY26 GDP growth estimates to 6.8% from 6.5% earlier. Here are the quarterly estimates: Q2FY26: Raised to 7% from 6.7% Q3FY26: Cut to 6.4% from 6.6% Q4FY26: Cut to 6.2% from 6.3% GDP growth ...

“RBI delivered a Status Quo policy by keeping policy rates on hold. The stance is kept at Neutral. Two members, however, were in favor of changing the monetary policy stance from Neutral to ...