RBI MPC minutes signal hawkish tilt, bond yields jump
The Reserve Bank of India's Monetary Policy Committee unanimously voted to keep the repo rate unchanged at 5.25 per cent at its August 3-5 meeting, but the minutes released on Wednesday revealed…
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RBI deputy governor asks banks to stress-test AI systems
Reserve Bank of India deputy governor Shirish Chandra Murmu has urged banks to stress-test artificial intelligence systems before deploying them and at regular intervals thereafter. Speaking at a banking summit in Mumbai,…
RBI holds repo rate, flags inflation persistence risks
The Reserve Bank of India's Monetary Policy Committee has held the repo rate at 5.25 per cent for the fourth consecutive meeting, opting for a wait-and-watch approach as food and fuel inflation…
RBI holds repo rate at 5.25%, keeps neutral stance
The Reserve Bank of India's Monetary Policy Committee (MPC) voted unanimously to keep the policy repo rate unchanged at 5.25% following its 62nd meeting held from August 3 to 5, 2026. The…
RBI MPC minutes show governor sees scope for rate recalibration
The minutes of the Reserve Bank of India's Monetary Policy Committee meeting held on August 3-5, released on Wednesday, showed all six members voted to keep the repo rate unchanged at 5.25…
RBI holds repo rate at 5.25% for fourth straight meeting
The Reserve Bank of India's monetary policy committee on Wednesday kept the repo rate unchanged at 5.25% for the fourth consecutive meeting, choosing to retain a neutral stance. Governor Sanjay Malhotra said…
RBI explores CBDCs, payment links to cut cross-border costs
India co-chaired the BRICS finance ministers and central bank governors meeting in Jaipur on August 12-13, where RBI Governor Sanjay Malhotra stressed the need for cheaper and faster cross-border payments. Separately, Malhotra…
AI biggest risk is erosion of human judgment: RBI Governor
RBI Governor Sanjay Malhotra warned on Tuesday that the biggest risk from deploying AI in banks is the erosion of human judgment and accountability. Speaking at FIBAC 2026 in Mumbai, he listed…
RBI says MDR talks premature as Congress questions UPI bill
RBI Governor Sanjay Malhotra called discussions on Merchant Discount Rate (MDR) for digital payments premature, urging stakeholders to wait and watch. He said investment in public payment infrastructure requires someone to pay,…
RBI raises FY27 growth forecast to 6.7%, says rupee may strengthen
Reserve Bank of India governor Sanjay Malhotra told reporters after the central bank's August policy review that growth could touch 7% in FY27, even though the RBI's official estimate rose only to…
