Search For "bank of india"
RBI is unlikely to cut rate or change status in Oct 9 monetary policy: BoB
Updated : 1 year, 9 months ago IST
The Reserve Bank of India (RBI) is expected to uphold the status quo on both policy rate and stance for the tenth consecutive time in its October policy meet, says a research report by the Bank of Baroda (BoB).
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Monetary Policy Committee of RBI reconstituted with new members
Updated : 1 year, 9 months ago IST
The central government has reconstituted the Monetary Policy Committee (MPC) under the provisions of the Reserve Bank of India (RBI) Act, 1934, the Ministry of Finance said in a statement.
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RG Hospitals Presents Goa's Biggest Run, Supported by the Government of Go
Updated : 1 year, 9 months ago IST
New Delhi [India], October 1: RG Hospitals, one of India's largest chains of urology and minimally invasive surgery hospitals, announced its highly anticipated RG Marathon 5.0- Goa's most extensive and annual running event. The sporting event is scheduled to take place on October 13th, 2024.
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India's forex reserve touches fresh record high of USD 692.3 billion
Updated : 1 year, 9 months ago IST
India's foreign exchange reserves scaled a new high of USD 692.296 billion, jumping by USD 2.838 billion in the week that ended on September 20, as per the data released by the Reserve Bank of India (RBI) on Friday.
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Spend and loan growth of credit cards slowed as lenders are cautious on as
Updated : 1 year, 9 months ago IST
Growth in credit card spending across the system has dropped to about 13 per cent year-on-year (y-o-y) in August 2024, down from 19 per cent in July 2024. The Reserve Bank of India (RBI) credit card data for August 2024, has also highlighted a continued slowdown in both the number of cards i
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Rupee will remain stable with positive momentum supported by FPI inflows:
Updated : 1 year, 9 months ago IST
As the fed rate cuts have increased the liquidity in the Indian markets, the Indian rupee will get support against the dollar and will trade around Rs 83.57, highlighted a research report by the Union Bank of India.
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Bajaj Finserv New Car Loan simplifies the borrowing experience for new car
Updated : 1 year, 9 months ago IST
Pune (Maharashtra) [India], September 25: As the festive season approaches, many people dream of purchasing a new car. The thrill of driving a new vehicle and the joy it brings is hard to resist. However, buying a car can be a significant financial commitment, which is where car loans come i
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Riding on NRI-Shakti: Fi Money Goes International
Updated : 1 year, 9 months ago IST
Bengaluru (Karnataka) [India], September 24: India's digital inclusion journey for Financial services has progressed at breakneck speeds with fintech players entering the foray. While the homebound have reaped the benefits of the developments in the financial space, the obvious next step is
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Jefferies expects 25 basis points repo rate cut by RBI this year
Updated : 1 year, 9 months ago IST
The Reserve Bank of India (RBI) is likely to cut the repo rate by 25 basis points this year, and cumulatively by 1 percentage point as part of its departure from steady monetary policy, said investment banking company Jefferies in a report.
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Household consumption to surge in Q2 as headline inflation eases and rural
Updated : 1 year, 9 months ago IST
Household consumption in India is set to experience accelerated growth in the second quarter of FY 2024-25, the Reserve Bank of India said in its September Bulletin released on Friday.
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RBI may go for a rate cut in Feb 2025 as inflation is still above 4 pc: SB
Updated : 1 year, 9 months ago IST
In light of the recent 50 basis points (bps) rate cut by the US Federal Reserve, the Reserve Bank of India (RBI) may consider a similar move, potentially announcing a rate cut by February 2025, according to a report by SBI Research.
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India extends USD 50 million budgetary support to Maldives for another yea
Updated : 1 year, 9 months ago IST
India has extended budgetary support to the Maldives government in the form of a rollover of the USD 50 million Treasury Bill for another year on the Maldivian government's request.
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