Search For "monet"
Inflation may ease gradually in second half of 2022-23, says RBI Governor
Updated : 3 years, 11 months ago IST
New Delhi [India], July 9 (ANI): Inflation, which has been above the central bank's tolerance limit since the beginning of 2022, is likely to ease gradually in the second half of the current financial year, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Saturday.
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RBI Governor says inflation expected to ease in second half of 2022-23
Updated : 3 years, 11 months ago IST
New Delhi [India], July (ANI): India's inflation is expected to ease gradually in the second half of the current financial year 2022-23, "precluding the chances of a hard landing" monetary policy actions, said the Reserve Bank of India Governor, Shaktikanta Das.
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Bangladesh protests as China attempts to steal credit for Padma Bridge
Updated : 3 years, 11 months ago IST
Dhaka [Bangladesh], July 8 (ANI): In the run-up to the inauguration of the bridge over the river Padma, Bangladesh has protested vehemently against an attempt by China to steal credit for its construction.
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RBI imposes Rs 5.72 crore monetary penalty on Federal Bank Limited
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], July 8 (ANI): The Reserve Bank of India (RBI) said on Friday it has imposed a monetary penalty of Rs 5.72 crore on Federal Bank Limited for non-compliance with the central bank's direction related to the delivery of financial services.
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RBI imposes monetary penalty on Bank of India
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], July 8 (ANI): The Reserve Bank of India (RBI) said on Friday it has imposed a monetary penalty of Rs 70 lakh on the Bank of India for violation of Know Your Customer (KYC) related regulations.
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Preparing India for the future workplace
Updated : 3 years, 11 months ago IST
New Delhi [India], July 8 (ANI/PNN): After a two-year hiatus due to the Covid-19 pandemic, the global job ecosystem faces multiple threats, among them the fear of an oncoming recession that the International Monetary Fund (IMF) predicted to be of the same magnitude as The Great Depression.
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IMF intends to ban Pakistan from seeking more Chinese loans: Reports
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], July 6 (ANI): The International Monetary Fund (IMF) intends to ban Pakistan from borrowing more from China, according to reports.
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What is Monetary Policy Committee, and what is its function?
Updated : 3 years, 11 months ago IST
New Delhi [India], July 5 (ANI): The MPC, or the Monetary Policy Committee under the Reserve Bank of India is a six-member body that is mandated to determine the policy interest rates required to achieve the inflation target, while keeping in mind the objective of economic growth.
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In talks with IMF, Sri Lanka is participating as bankrupt country: PM Rani
Updated : 3 years, 11 months ago IST
Colombo [Sri Lanka], July 5 (ANI): Sri Lanka Prime Minister Ranil Wickremesinghe on Tuesday said that the island country is participating in negotiations with the International Monetary Fund (IMF) as a bankrupt country.
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India's position on Crypto currency vindicated by global trends
Updated : 3 years, 11 months ago IST
Singapore, July 5 (ANI): India's conservative position on not encouraging trading in Crypto currency is being rapidly vindicated by the negative experiences of various Crypto funds, with the latest being Singapore's Three Arrows crypto fund. In line with the dip in the overall crypto market
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RBI imposes monetary penalty on IndusInd Bank
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], July 4 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed a monetary penalty of Rs 1 crore on IndusInd Bank for non-compliance with certain directions related to Know Your Customer (KYC).
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RBI imposes monetary penalty on Kotak Mahindra Bank
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], July 4 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed over Rs 1 crore monetary penalty on Kotak Mahindra Bank Limited for non-compliance with certain directions related to customer protection.
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