Search For "policy"
Has taken number of steps to strengthen resilience of Indian banks: RBI Gu
Updated : 3 years, 3 months ago IST
While addressing the queries of the media during a press conference after the announcement of the Monetary Policy's outcome, he said RBI has taken a number of steps to strengthen the resilience of Indian banks and it has set guidelines on risk management committees and made it mandatory to a
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RBI expected to remain cautious with focus on achieving full growth potent
Updated : 3 years, 3 months ago IST
In the just concluded three-day monetary policy committee meeting, the RBI decided to raise the repo rate, the rate at which the RBI lends money to all commercial banks, by 25 basis points to 6.5 per cent.
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ED arrests Punjab bizman Gautam Malhotra in Delhi excise policy case
Updated : 3 years, 3 months ago IST
The Enforcement Directorate (ED) has arrested Punjab-based businessman Gautam Malhotra, son of former Shiromani Akali Dal MLA Deep Malhotra, in connection with its ongoing probe into Delhi Excise Policy 2021-22 money laundering case, sources said on Wednesday.
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Here's what analysts and experts have to say about RBI's monetary policy
Updated : 3 years, 3 months ago IST
Since May last year, the RBI has increased the short-term lending rate by 250 basis points, including today's, to contain inflation.
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RBI proposes UPI payments facility for inbound travellers
Updated : 3 years, 3 months ago IST
Reserve Bank of India said it has proposed to permit all inbound travellers to India to use UPI for their merchant payments while they are in the country.
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RBI projects India's 2023-24 retail inflation at 5.3 per cent
Updated : 3 years, 3 months ago IST
The average inflation in Q1 2023-24 is expected at 5.0 per cent, Q2 at 5.4 per cent, Q3 at 5.4 per cent, and Q4 at 5.6 per cent, respectively.
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RBI proposes to launch pilot project for QR code-based coin vending machin
Updated : 3 years, 3 months ago IST
These vending machines will dispense coins against debit to the customer's account using Unified Payments Interface (UPI) instead of physical tendering of banknotes.
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RBI projects India's GDP growth at 6.4 per cent for 2023-24
Updated : 3 years, 3 months ago IST
The GDP projections for Q1, Q2, Q3, and Q4 2023-24 are estimated at 7.8 per cent, 6.2 per cent, 6.0 per cent, and 5.8 per cent, respectively, with risks, evenly balanced.
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RBI MPC raises repo rate by 25 bps to 6.5 pc
Updated : 3 years, 3 months ago IST
Four out of six members of MPC have decided to go ahead with this hike in rate, RBI Governor Shaktikanta Das said on Wednesday.
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Markets open with gains as investors expect RBI MPC meeting outcome
Updated : 3 years, 3 months ago IST
Key indices BSE Sensex went up 357 points to 60,643.78 while Nifty50 surged 115 points to 17,837.15.
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Delhi Excise Policy: CBI arrests Hyderabad-based Chartered Accountant
Updated : 3 years, 3 months ago IST
A Hyderabad-based Chartered Accountant named Butchibabu Gorantla was arrested by the Central Bureau of Investigation (CBI) in connection with the Delhi Excise Policy case.
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MP Cabinet approves compassionate appointment for married daughters of dec
Updated : 3 years, 3 months ago IST
The change in the compassionate appointment policy of the state was approved during the cabinet meeting chaired by Chief Minister Shivraj Singh Chouhan held here on Tuesday.
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