Search For "monet"
IMF projects India's growth at 7.4 pct in 2018
Updated : 8 years, 1 month ago IST
New Delhi [India], Apr. 20 (ANI): The International Monetary Fund (IMF) on Thursday said that it expects India to re-emerge as one of the fastest growing major economies in the 2018 - 2019 period, projecting the country's growth rate at 7.4 percent in 2018.
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RBI slaps Rs.3 Cr monetary penalty on IDBI bank
Updated : 8 years, 2 months ago IST
Mumbai (Maharashtra) [India], Apr. 12 (ANI): The Reserve Bank of India (RBI) imposed monetary penalty worth Rs. 3 crore on IDBI Bank for not complying with the outlined norms related to reporting of bad loans.
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Cryptocurrency: ASSOCHAM calls for extreme care
Updated : 8 years, 2 months ago IST
New Delhi [India], Apr. 08 (ANI): Commenting on the Reserve Bank of India's (RBI) move to explore and examine the introduction of official virtual currency in the country, apex trade association, the ASSOCHAM, cautioned that extreme care needs to be taken to ensure safety of data trail that
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FICCI recommends RBI to 'find space for rate cut'
Updated : 8 years, 2 months ago IST
New Delhi [India], Apr. 6 (ANI): Post the Reserve Bank of India's (RBI) bi-monthly monetary policy statement, the Federation of Indian Chambers of Commerce and Industry (FICCI) has said the former must find space for a rate cut in the coming quarters.
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RBI to review feasibility of introducing digital currency
Updated : 8 years, 2 months ago IST
New Delhi [India], Apr. 6 (ANI): The Reserve Bank of India (RBI) has announced reviewing the feasibility of introducing a central bank digital currency.
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RBI directs payment operators to keep data within India
Updated : 8 years, 2 months ago IST
Mumbai (Maharashtra) [India], Apr. 05 (ANI): The Reserve Bank of India (RBI) on Thursday directed all payment system operators in India to store data within the country.
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RBI policy in line with expectations: ICRA
Updated : 8 years, 2 months ago IST
New Delhi [India], Apr. 5 (ANI): Following the announcement of the Reserve Bank of India's (RBI) bi-monthly monetary policy, credit-rating body ICRA noted that the statement is in line with industry expectations.
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RBI keeps repo rate, reverse repo rate unchanged
Updated : 8 years, 2 months ago IST
Mumbai (Maharashtra) [India], Apr. 05 (ANI): The Reserve Bank of India (RBI) on Thursday kept the repo rate and reverse repo rate unchanged at 6 percent and 5.75 percent respectively.
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RBI to announce policy rates today
Updated : 8 years, 2 months ago IST
New Delhi [India], Apr. 05 (ANI): Ahead of the Reserve Bank of India (RBI) policy today, there is little hope of a cut in the key policy rates from the apex bank in its first bi-monthly monetary policy for the new fiscal 2018-19, owing to hardening global crude oil prices.
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Sensex surges 400 pts ahead of RBI policy
Updated : 8 years, 2 months ago IST
New Delhi [India], Apr. 05 (ANI): Market indices opened sharply higher on Thursday, with the Sensex rising 383.96 points to 33,403.03 and the Nifty gaining 124.10 points at 10,252.50, ahead of the announcement by Reserve Bank of India's (RBI) Monetary Policy Committee (MPC), later in the
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RBI should follow balanced approach in MPC meet, says FICCI
Updated : 8 years, 2 months ago IST
New Delhi [India], Apr. 03 (ANI): Apex business organisation, FICCI, on Tuesday urged the Reserve Bank of India (RBI) to take a balanced approach in the upcoming meeting of the Monetary Policy Committee (MPC).
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RBI imposes monetary penalty worth Rs 58.9 crore on ICICI Bank
Updated : 8 years, 2 months ago IST
New Delhi [India], Mar 29 (ANI): In a rare move, The Reserve Bank of India (RBI) on Thursday imposed monetary penalty worth Rs. 58.9 crore on ICICI Bank, the country's biggest private bank, for failing to abide by rules on the sale of bonds in the held-to-maturity (HTM) category.
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