Search For "monetary"
Bank of Israel leaves interest rate unchanged at 4.5 pc
Updated : 1 year, 11 months ago IST
In announcing its decision the Bank said economic activity and the labour market in Israel continue to recover gradually
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World Bank asks Pakistan to adopt National Fiscal Policy amid bailout talk
Updated : 1 year, 11 months ago IST
This is now expected to be made part of the next International Monetary Fund programme that Pakistan Finance Minister Muhammad Aurangzeb will be discussing with the lender next week in Washington on the sidelines of World Bank-IMF spring meetings, Dawn reported.
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TerraPay Receives MPI License from the MAS
Updated : 1 year, 11 months ago IST
Singapore, April 8: TerraPay, a global money movement company, has been granted a Major Payment Institution (MPI) License under the Payment Services Act 2019 by the Monetary Authority of Singapore (MAS) -- a significant milestone solidifying TerraPay's position as a cross-border payments pow
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Expect series of repo rate cuts starting October: SBI Research
Updated : 1 year, 11 months ago IST
Along anticipated lines, RBI kept the policy repo rate unchanged at 6.50 per cent
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RBI imposes monetary penalty on IDFC First Bank for non-compliance with di
Updated : 1 year, 11 months ago IST
The penalty has been imposed in the exercise of powers vested in RBI under the Banking Regulation Act, of 1949
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SBI says monetary policy reflects India's high growth and low inflationary
Updated : 1 year, 11 months ago IST
The country's largest public sector bank State Bank of India said the monetary policy statement of the RBI reflected India's high growth and low inflation. Reacting to the central bank maintaining the status quo in the repo rate, SBI Chairman Dinesh Khara said
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IMF ready to "engage" with Pakistan on fresh bailout in "coming months"
Updated : 1 year, 11 months ago IST
The International Monetary Fund (IMF) said that they are ready to "engage" with Pakistan on a fresh bailout in the "coming months" to help the country resolve "fiscal and external stability challenges," reported Geo News.
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Industry hails RBI's Monetary policy decisions
Updated : 1 year, 11 months ago IST
Industry welcomes Reserve Bank of India decisions in its first monetary policy report of FY 25. One of the key highlights of the report is the RBI's decision to maintain the repo rate at its current level, a move that has been widely applauded by industry leaders.
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RBI proposes cash deposits through UPI; widens digital currency for retail
Updated : 1 year, 11 months ago IST
The Reserve Bank of India has proposed the idea of depositing cash in Cash Deposit Machines (CDMs) using UPI mechanism, in what could be another boost to already widely recognised technology.
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At Monetary Policy meeting, RBI retains 7 % real growth rate projection fo
Updated : 1 year, 11 months ago IST
RBI Governor Shaktikanata Das, while announcing the RBI Monetary Policy Committee outcome on Friday, said that the growth is projected to be at 7.1 per cent in first quarter, followed by 6.9 per cent in second quarter and 7 per cent in both third and fourth quarters.
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RBI keeps repo rates unchanged at 6.5 pc after first Monetary Policy meeti
Updated : 1 year, 11 months ago IST
This is the seventh consecutive meeting that the MPC has maintained a status quo on the repo rate. The repo rate, is the interest rate at which banks draw funds from RBI to overcome short-term liquidity mismatches.
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Indian stock market opened cautious ahead of the RBI monetary policy resul
Updated : 1 year, 11 months ago IST
The Sensex declined by 267 points to 73,956, while the Nifty 50 declines 73 points to 22,451 on the early trade during Friday. Despite this, Nifty 50 formed a small negative candle on the daily chart, indicating substantial resistance at new all-time highs.
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