Search For "bank of india"
RBI likely to further ease rates after a brief pause as second half of FY2
Updated : 9 months, 1 week ago IST
The Reserve Bank of India (RBI) is likely to ease interest rates further after a brief pause as the country may require additional liquidity injection in the second half of the financial year 2025-26 (H2 FY26), according to a report titled Ionic Wealth by Angel One.
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Foreign investors infuse Rs 3,346.94 cr in Indian markets this week, but J
Updated : 9 months, 1 week ago IST
Foreign portfolio investors (FPIs) pumped Rs 3,346.94 crore into Indian stock markets this week, boosted by positive sentiment after the Reserve Bank of India (RBI) announced a rate cut, according to data from the National Securities Depository Limited (NSDL).
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India's forex reserves just shy of record high after $5.2 billion jump las
Updated : 9 months, 1 week ago IST
India's foreign exchange reserves (forex) jumped USD 5.171 billion to USD 696.656 billion in the week ending June 6, official data released by the Reserve Bank of India showed on Friday.
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Cut in edible oil import duty and above normal monsoon likely to further e
Updated : 9 months, 1 week ago IST
The recent above normal rainfall and a significant cut in import duties on edible oils are expected to support easing food inflation in the coming months, according to a report by Union Bank of India.
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India's retail inflation in Q1FY26 (April-June) likely to fall below RBI f
Updated : 9 months, 1 week ago IST
India's retail inflation in the first quarter of FY26 is expected to undershoot the Reserve Bank of India's (RBI) forecast of 2.9 per cent, according to a recent report by Bank of Baroda (BoB).
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RBI's policy rate cut to boost growth as inflation eases: BoB report
Updated : 9 months, 2 weeks ago IST
The decision of the Reserve Bank of India (RBI) to slash the policy rate will boost growth amidst easing price pressures and infuse liquidity along with supporting credit flow, said a report by Bank of Baroda.
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Jana Small Finance Bank Applies to RBI for Universal Banking License
Updated : 9 months, 2 weeks ago IST
Bengaluru (Karnataka) [India], June 11: Jana Small Finance Bank (Jana SFB), one of India's leading small finance banks, is pleased to announce that it has formally submitted an application to the Reserve Bank of India (RBI) seeking approval to transition into a Universal Bank.
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Will RBI's rate cuts and liquidity easing be enough to spur demand and gro
Updated : 9 months, 2 weeks ago IST
This year, the Reserve Bank of India (RBI) slashed policy rates by 100 basis points and cut CRR by 100 basis points, thereby injecting significant liquidity into the financial system.
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RBI to re-issue Sovereign Green Bonds of Rs 5000 cr in upcoming Rs 30,000
Updated : 9 months, 2 weeks ago IST
The Reserve Bank of India (RBI) has announced the re-issue of sovereign green bonds (SGrBs) as part of the upcoming government securities (G-Secs) auction scheduled for June 13, 2025.
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RBI to discontinue daily Variable Rate Repo from June 11, 2025 because of
Updated : 9 months, 2 weeks ago IST
The Reserve Bank of India (RBI) has announced on Tuesday to discontinue daily Variable Rate Repo (VRR) auctions starting June 11, 2025 Wednesday.
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India's poverty rate likely to decline further to 4.6% in 2024 from 5.3% i
Updated : 9 months, 2 weeks ago IST
India's poverty continues to decline steadily, with the poverty rate likely to fall to 4.6 per cent in 2024, estimates a recent report by the State Bank of India (SBI).
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Rate cut by RBI will boost 2-wheeler sales in FY 2026: CareEdge Ratings
Updated : 9 months, 2 weeks ago IST
India's two-wheeler industry is poised to surpass pre-COVID-19 sales levels, with an anticipated volume growth of 8-9 per cent in fiscal year 2026 (FY26), fuelled by rate cut by Reserve Bank of India ( RBI), a substantial recovery in exports and robust domestic demand, according to a report
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