Search For "monetary"
Adjusted for inflation, policy rate still remains accommodative, says RBI
Updated : 3 years, 3 months ago IST
According to the statement of the Governor of the Reserve Bank of India (RBI), Shaktikanta Das, said consequently, the standing deposit facility (SDF) rate stands adjusted to 6 per cent, and the marginal standing facility (MSF) rate and the bank rate to 6.50 per cent.
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RBI Monetary Policy Committee hikes policy rate by 35 bps to 6.25 per cent
Updated : 3 years, 3 months ago IST
The Monetary policy committee (MPC), which determines interest rates, opted to raise the policy repo rate by 35 basis points to 6.25 per cent with immediate effect.
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Sri Lanka envoy meets Sitharaman, thanks India's unprecedented emergency a
Updated : 3 years, 3 months ago IST
Sri Lanka High Commissioner to India, Milinda Moragoda on Tuesday met with Union Finance Minister Nirmala Sitharaman and thanked her for the brief emergency assistance India has provided to the island nation throughout its difficult period.
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APJ Financial Services: Akamai Research shows APJ Surpasses North America
Updated : 3 years, 3 months ago IST
Singapore, December 6 (ANI/PRNewswire): Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today released a new State of the Internet report that indicates a severe risk to the financial services sector in Asia-Pacific and Japan (APJ) region, as
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World Bank sees inflation declining in India
Updated : 3 years, 3 months ago IST
India's October inflation dropped to 6.77 per cent, from 7.41 per cent in the preceding month, mainly due to easing prices in the food basket, though it remained above Reserve Bank's comfort level for the 10th month in a row.
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Indian stocks extend losses to third day; all eyes on RBI policy meet
Updated : 3 years, 3 months ago IST
At the time of writing this report, Sensex traded at 62,600.88 points, down 233.72 points or 0.37 per cent, whereas Nifty traded at 18,627.45 points, down 73.60 points or 0.39 per cent.
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RBI imposes Rs 5-lakh penalty on Bharat Co-operative Bank
Updated : 3 years, 3 months ago IST
The penalty was slapped on the non-adherence, violation of directions issued under exposure norms and statutory or other restrictions - urban cooperative banks, the central bank said.
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35 basis points repo rate hike looks imminent from RBI policy meet: SBI Re
Updated : 3 years, 3 months ago IST
The SBI Research, in the report, said it believes 6.25 per cent could be the terminal rate in this monetary policy tightening cycle.
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Indian stock indices extend losses to second day; Sensex down over 300 pts
Updated : 3 years, 3 months ago IST
At the time of writing this report, Sensex traded at 62,516.75 points, down 351.75 points or 0.56 per cent, whereas Nifty traded at 18,600.80 points, down 95.30 points or 0.51 per cent. Rupee opened at 81.23 against the US dollar. On Friday, it closed at 81.32.
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Bank of Baroda expects 25-35 basis points rate hike from Dec 5-7 RBI polic
Updated : 3 years, 3 months ago IST
The Reserve Bank of India's three-day monetary policy committee meeting commences today. Financial markets will be keenly watching the committee's stance as consumer inflation is still above the 6 per cent target band.
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RBI's 3-day monetary policy meet to start today; all eyes on rate hike sta
Updated : 3 years, 3 months ago IST
The Reserve Bank of India's three-day monetary policy committee meeting is set to commence today. Financial markets will be keenly watching the committee's rate hike stance if any, as inflation is still above the 6 per cent target band.
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Pakistan to repay foreign debt, old dues
Updated : 3 years, 3 months ago IST
According to The Express Tribune citing Optimus Capital Management, Pakistan is scheduled to pay the foreign debt and bear debt servicing costs worth USD 26.3 billion over the 12-month period (November to October).
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