Stagflation rests low while prices rise in India
According to a bulletin from the Reserve Bank of India (RBI) on Aug. 17, despite a significant surge in prices, the risk of stagflation—a situation characterised by sluggish growth and…
Have Unclaimed FD? RBI Launches UDGAM Portal to Track Them
The RBI has launched ‘UDGAM’, a website allowing users to search for unclaimed bank deposits.
RBI to Start Public Tech Platform: Aims to Launch Pilot for Frictionless Credit
The Reserve Bank of India (RBI) announced plans to begin an initiative called The Public Tech Platform for Frictionless Credit on August 10, 2023, under the monitoring of the Statement…
RBI keeps repo rate unchanged at 6.5 percent: effects on you and the economy
The Reserve Bank of India (RBI) recently had the Monetary Policy Committee (MPC) meet, in which they decided to keep the main interest rate, called the repo rate, at 6.5%.…