Search For "rb"
Rate cut might be contemplated in the second half of FY25: Care Edge
Updated : 1 year, 9 months ago IST
The Ministry of Statistics and Programme Implementation (MOSPI) estimates GDP growth at 8.2 per cent, driven by robust investment demand. Gross Fixed Capital Formation (GFCF) has surged by 9 per cent in FY24, highlighting the investment boom.
Read More
RBI MPC meets amid concerns of inflation, rate cut unlikely say economists
Updated : 1 year, 9 months ago IST
The Reserve Bank of India (RBI) is unlikely to reduce the benchmark interest rate in its upcoming monetary policy review meeting. The meeting, chaired by Reserve Bank Governor Shaktikanta Das, is underway in Mumbai
Read More
MacIntyre wins RBC Canadian Open, McIlroy is fourth
Updated : 1 year, 9 months ago IST
Robert MacIntyre playing in his 45th start grabbed his maiden PGA TOUR at the RBC Canadian Open. The 27-year-old left-handed Scotsman leading by four shots after 54 holes carded 68 to win by one shot over Ben Griffin
Read More
2.2 pc of Rs 2000 banknotes, with value of Rs 7755 crore, still to be retu
Updated : 1 year, 9 months ago IST
About 2.2 per cent or Rs 7,755 crore of the withdrawn Rs 2,000 banknotes have not yet been returned to the RBI, about eight months after the deadline to deposit or exchange them at bank branches was over
MacIntyre in sight of maiden PGA Tour win; Bhatia slips to 58th
Updated : 1 year, 9 months ago IST
Searching for his maiden PGA TOUR win, Scotland's Robert MacIntyre landed a 30-foot eagle putt on the par-5 17th to make a late surge and take a four-stroke lead into the final round of the RBC Canadian Open at Hamilton Golf and Country Club
Read More
India's forex reserves decline USD 2 billion and come off record highs
Updated : 1 year, 9 months ago IST
India's foreign exchange reserves declined a little over USD 2 billion in the week that ended on May 24, to come off from its all-time high it experienced a week prior. The reserves are now at USD 646.673 billion.
Read More
Bhatia makes cut in RBC Canadian Open
Updated : 1 year, 9 months ago IST
Akshay Bhatia shot a second straight 69 and made the cut comfortably in tied 30th place at the RBC Canadian Open.
Read More
RBI is working on expanding UPI to 20 countries by 2028-29: RBI Annual Rep
Updated : 1 year, 9 months ago IST
The Reserve Bank of India (RBI) along with NPCI international payments ltd (NIPL) will work towards taking UPI to 20 countries by FY29. RBI Annual report says possibilities will be explored for increasing the global footprints of UPI and RuPay.
Read More
Expect high dividend payments by RBI to government to continue: SBI Resear
Updated : 1 year, 9 months ago IST
After having paid an unexpectedly high dividend to the central government by the RBI last financial year, it is now expected that higher dividend payments could continue in the current year too.
Read More
Insolvency and Bankruptcy Code helped banks to recover from NPA: Nirmala S
Updated : 1 year, 9 months ago IST
Citing the success of the IBC, she mentioned that World Bank, in its 2019 report, noted that India's 2016 insolvency regime reform increased creditor recovery rates from 26.5 to 71.6 cents on the dollar, making India 'by far the best performer in South Asia' and surpassing even the averag
Read More
RBI projects real GDP growth for 2024-25 at 7.0 per cent
Updated : 1 year, 9 months ago IST
Despite subdued global economic activity and multiple headwinds, the Indian economy expanded impressively, with real GDP growth accelerating to 7.6 per cent from 7.0 per cent in the previous year - the third successive year of 7 per cent or above growth, the RBI highlighted in its annual rep
Read More
Financial frauds declined by 46.7 per cent during 2023-24: RBI annual repo
Updated : 1 year, 9 months ago IST
The Reserve Bank of India (RBI) in its annual report released on Thursday has noted a 46.7 per cent decline in the amount (value) of frauds reported in 2023-24 compared to the previous year
Read More