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RBI ban on Bank of Baroda World app: Finance ministry's likely plan on frauds

In October 2023, the Reserve Bank of India (RBI) stopped Bank of Baroda from onboarding new customers on its mobile app 'BoB World'.

A security official walks past an emblem of the Reserve Bank of India at the RBI headquarters, in Mumbai.
Published on Apr 15, 2024 08:20 AM IST

India's retail inflation drops down to 10-month low at 4.85 percent in March

Easing down to a 10-month low, India's retail inflation for the month of March stood at 4.85 percent, as opposed to 5.09 percent last month.

India's retail inflation at a 10-month low. (MINT_PRINT)
Published on Apr 12, 2024 07:40 PM IST

Both dovish and hawkish

RBI has maintained its stance on policy rate citing food inflation. But tying policy to food prices may force economy to sacrifice growth

The current growth momentum of the economy has given some policy buffer to RBI in keeping interest rates high and (potentially) erring on the side of caution.(PTI Photo)
Published on Apr 05, 2024 11:49 PM IST
ByHT Editorial

RBI retains inflation, growth path in MPC

Governor's elephant analogy hints at possible future interest rate cut by RBI, despite maintaining unchanged policy rate at 6.5% to curb inflation.

RBI Governor Shaktikanta Das (ANI)
Updated on Apr 06, 2024 12:50 AM IST
By, New Delhi

Need to watch veggie prices in summer; inflation may take time to moderate to target: RBI

Need to watch veggie prices in summer; inflation may take time to moderate to target: RBI

HT Image
Updated on Apr 05, 2024 03:37 PM IST
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