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Sensex surges 412 points as RBI keeps policy rates unchanged
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 8 (ANI): The Indian equities markets benchmark Sensex jumped 412 points on Friday led by a strong buying support in the index heavyweight Reliance Industries as the Reserve Bank of India (RBI) kept key policy rates unchanged in its first monetary policy
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RBI keeps policy rates unchanged; raises inflation forecast, lowers growth
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 8 (ANI): In the first monetary policy review of the financial year 2022-23, the Reserve Bank of India (RBI) on Friday kept key policy interest rates unchanged for the 11th time in a row and sharply raised inflation projection and lowered growth forecast du
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Card-less cash withdrawal to be made available at all ATMs: RBI
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 8 (ANI): The Reserve Bank of India (RBI) on Friday proposed to make card-less cash withdrawal facility available across all banks and automated teller machine (ATM) networks using unified payments interface (UPI).
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RBI raises inflation forecast for FY 2022-23 to 5.7 per cent
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 8 (ANI): The Reserve Bank of India (RBI) on Friday revised upward the inflation forecast for the current financial year to 5.7 per cent from its earlier projection of 4.5 per cent announced in February.
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RBI cuts real GDP growth projection to 7.2 pc for FY 23
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 8 (ANI): While maintaining an accommodative stance, the Reserve Bank of India (RBI) on Friday cut the real Gross Domestic Product (GDP) growth projection for the current Financial Year 2022-23 to 7.2 per cent, against the earlier projection of 7.8 per c
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RBI keeps repo, reverse repo rates unchanged for 11th time in row
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 8 (ANI): Reserve Bank of India's (RBI) Monetary Policy Committee on Friday voted to keep the benchmark repo and reverse repo rates unchanged for the 11th consecutive time.
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Equity indices flat amid volatility ahead of RBI's first Monetary Policy C
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 8 (ANI): Equity indices opened flat on Friday amid the volatility ahead of the policy outcome of the Reserve Bank of India's (RBI) first Monetary Policy Committee meeting this fiscal year.
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Sri Lanka appoints new central bank governor
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 7 (ANI): Amid the worst economic crisis since its independence, Sri Lanka appointed Dr Nandalal Weerasinghe as the new Governor of the country's Central Bank.
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Former Governor of Central Bank of Sri Lanka barred from leaving country
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], April 7 (ANI): As Sri Lanka continues to face a dire economic crisis, the Colombo Magistrate's Court today issued an order preventing the former Governor of the Central Bank of Sri Lanka (CBSL) Ajith Nivard Cabraal from leaving the country.
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State Bank of Pakistan hikes interest rate by 250 basis points to 12.25 pe
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], April 7 (ANI): The State Bank of Pakistan has increased the interest rate by 250 basis points to 12.25 per cent, reported the local media on Thursday.
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BJP councillor gets one-year imprisonment in check bounce case
Updated : 3 years, 11 months ago IST
Vadodara (Gujarat) [India], April 7 (ANI): A councillor of Bhartiya Janata Paty was sentenced to one-year imprisonment by a local court on Tuesday following a cheque bounce in the bank.
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ADB forecasts gloomy picture for Pakistan's economy
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], April 7 (ANI): The Asian Development Bank (ADB) on Wednesday forecast Pakistan's economic growth rate to slow down to 4 per cent this year from 5.6 pc in the Fiscal Year 2021.
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