The RBI, the Department for Promotion of Industry and Internal Trade (DPIIT) and the Finance Ministry will also look at the change of ownership holding/control of listed fintech companies to enable them to be in sync with regulatory compliance, an official statement said.
New Delhi: As widely anticipated by financial markets and policy observers, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) opted to maintain the policy repo rate at its current level of 6.50 percent during its meeting on Thursday.
Mumbai: The Reserve Bank of India's Monetary Policy Committee (RBI MPC) kept the repo rate unchanged at 6.5 percent for the fifth time in a row on Friday, thus maintaining the status quo.
The governor made it clear that the RBI is aware of what s happening and acts accordingly, but doesn t make a noise about that, points out Tamal Bandyopadhyay.