August 6, 2025 10:22 AM

RBI keeps Repo Rate unchanged at 5.5% in August policy meet

The Reserve Bank of India (RBI) on Wednesday kept the repo rate steady at 5.5% during its August Monetary Policy Committee (MPC) meeting, citing favourable macroeconomic indicators and easing inflation. The decision was announced by RBI Governor Sanjay Malhotra following a unanimous vote by all six members of the MPC. The committee, which met over three days—August 4, 5, and 6—conducted a comprehensive review of economic and financial developments before concluding that no change to the pol...

July 25, 2025 10:08 PM

Anuradha Thakur nominated as director on RBI Central Board

The Central Government has nominated Anuradha Thakur, Secretary of the Department of Economic Affairs, as a Director on the Central Board of the Reserve Bank of India (RBI), replacing Ajay Seth. According to an official release issued on Friday, Thakur's appointment is effective from July 24, and will remain in effect until further notice. Earlier in the day, RBI Governor Sanjay Malhotra stated that the Reserve Bank’s monetary policies are forward-looking, with the Monetary Policy Committee ...