Shaktikanta Das
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UPI transactions decline in volume & value terms in April
Unified Payments Interface (UPI) Transactions Decline in April 2023: The National Payments Corporation of India’s “UPI Monthly Product Statistics” reported a decline in the volume and value of UPI transactions in April 2023, following a peak in the previous month....
Published On May 2nd, 2023 -
Bimonthly RBI monetary policy: MPC keeps repo rate unchanged at 6.50%
Bimonthly RBI monetary policy: The Reserve Bank of India has announced its bimonthly monetary policy and kept the repo rate unchanged at 6.50 per cent. The RBI’s Monetary Policy Committee (MPC) unanimously decided to keep the repo rate unchanged at...
Published On April 6th, 2023 -
RBI’s Data Centre And Cybersecurity Training Institute To Come Up In Bhubaneswar
The Governor of the Reserve Bank of India (RBI), Shaktikanta Das, initiated the establishment of a "Greenfield Data Centre" and an "Enterprise Computing & Cybersecurity Training Institute" in Bhubaneswar, Odisha, during a foundation stone laying ceremony. Buy Prime Test Series...
Published On March 23rd, 2023 -
Daily UPI transactions jump 50% to 36 crore: RBI
Reserve Bank of India governor Shaktikanta Das said payments through UPI (unified payment interface) have grown exponentially in the past 12 months with daily transactions crossing 36 crore, which is up 50 per cent from 24 crore in February 2022....
Published On March 9th, 2023 -
RBI launches mission to make every citizen a user of digital payment
While digital payments have skyrocketed during the past few years, a significant portion of the population still does not use digital payments for day-to-day transactions. In order to bridge this gap, Reserve Bank of India (RBI) governor Shaktikanta Das launched a...
Published On March 7th, 2023 -
RBI’s new pilot project on coin vending machines
Recently, RBI Governor Shaktikanta Das had stated during the most recent Monetary Policy Committee (MPC) address that the apex banking regulator, in collaboration with banks, would launch a pilot project to evaluate the operation of a QR-code based coin vending machine. Buy Prime...
Published On March 2nd, 2023 -
RBI Monetary Policy: Repo rate raised by 25 basis points; FY23 GDP growth estimate raised
RBI Monetary Policy 2023 Reserve Bank of India (RBI) Governor Shaktikanta Das released the Monetary Policy statement, which included the highly anticipated increase in the repo rate of 25 basis points. The central bank had increased the important benchmark interest...
Last updated on February 10th, 2023 03:44 pm -
Launch of Utkarsh 2.0 – Reserve Bank of India’s Medium-term Strategy Framework
The Reserve Bank of India’s Medium-term Strategy Framework for the period 2023-2025 – ‘Utkarsh 2.0’ – was launched by Shri Shaktikanta Das, Governor, RBI. The first strategy framework (Utkarsh 2022) covering the period 2019-2022 was launched in July 2019. It...
Published On January 2nd, 2023 -
599th Meeting of Central Board of the Reserve Bank of India
The 599th meeting of the board was held in Kolkata on December 16. The meeting was chaired by RBI Governor Shaktikanta Das. Buy Prime Test Series for all Banking, SSC, Insurance & other exams Attendees Of The Meeting: Directors of...
Published On December 20th, 2022 -
RBI Monetary Policy 2022: RBI Repo Rate Hike by 35 bps to 6.25%
RBI Monetary Policy 2022: The decision of the Reserve Bank of India (RBI) Governor Shaktikanta Das headed six-member Monetary Policy Committee (MPC) has been announced. In the consecutive fifth hike this year, the RBI’s Monetary Policy Committee has raised the...
Published On December 8th, 2022
