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PM Modi praises RBI's 90-year milestone, charts course for India's economi
Updated : 1 year, 11 months ago IST
According to a PM office press release, Prime Minister Modi unveiled a commemorative coin and applauded the pivotal role of the RBI in shaping India's economic landscape.
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"RBI's evolution closely intertwined with development of Indian economy",
Updated : 1 year, 11 months ago IST
Governor Das remarked, "The journey of reserve bank over the 9 decades has been one of efficient functioning and contribution to the nations' progress."
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Monetary tightening measures by RBI stabilised G-sec yields, contributed t
Updated : 1 year, 11 months ago IST
Sitharaman stated, "RBI, the central bank of India had a remarkable chequered history. Once in a century, pandemic the Covid hit us. The RBI Adopted and infact deployed conventional and unconventional range of instruments to provide liquidity and to promote growth and to ensure financial
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"Transformation occurred due to honesty, consistency in our efforts": PM M
Updated : 1 year, 11 months ago IST
"The transformation occurred because there was honesty and consistency in our efforts. This change has come because our policies, intentions and decisions were clear. When the intentions are clear, then the policies are right. When policies are right, then the decisions are right. And whe
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PM Modi to address ceremony marking 90 years of RBI in Mumbai today
Updated : 1 year, 11 months ago IST
The event will also be attended by Union Finance Minister Nirmala Sitharaman and RBI Governor Shaktikanta Das.
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Rs 2000 banknotes: Exchange, deposit at RBI offices won't be available on
Updated : 1 year, 11 months ago IST
The window for the exchange or deposit of Rs 2000 banknotes at RBI regional offices will not be available on Monday, April 1.
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No hurry to cut interest rates, US Fed Chair indicates
Updated : 1 year, 11 months ago IST
The Federal Reserve's preferred inflation gauge, the Personal Consumption Expenditures price index, was up 2.5% for the 12 months.
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Reserve assets rose by USD 34.8 bn, net claims of NRI decreased by USD 12.
Updated : 1 year, 11 months ago IST
According to Reserve Bank of India, this dip in net claims is primarily attributed to a substantial surge in Indian residents' overseas financial assets, amounting to USD 40.7 billion, outpacing the increase in foreign-owned assets within India, which stood at USD 28.5 billion.
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India's foreign exchange reserves hit fresh all-time high
Updated : 1 year, 11 months ago IST
Forex reserves, or foreign exchange reserves (FX reserves), are assets that are held by a nation's central bank or monetary authority.
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Rs 2000 banknotes: Exchange, deposit at RBI offices won't be available on
Updated : 1 year, 11 months ago IST
The central bank cited operations related to "Annual Closing of Accounts" as the reason behind the unavailability of exchange and deposit services. The facility will resume on Tuesday.
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RBI releases schedule for 2024-25 monetary policy meetings
Updated : 1 year, 11 months ago IST
The RBI typically conducts six bimonthly meetings in a financial year, where it deliberates interest rates, money supply, inflation outlook, and various macroeconomic indicators.
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Religare Broking Ltd Appoints Dr Ravi Singh as Senior Vice President - Ret
Updated : 1 year, 11 months ago IST
New Delhi/ Mumbai (Maharashtra) [India], March 27: Religare Broking Ltd. (RBL), one of the leading securities firms in India, in its noteworthy addition to the strong research team, has announced the appointment of Dr Ravi Singh as Senior Vice President (SVP) - Retail Research.
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