Search For "rbi monetary policy"
Three-day RBI monetary policy meet starts today; another repo rate hike li
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], September 28 (ANI): The monetary policy committee of the Reserve Bank of India is all set for its bi-monthly review meeting starting today.
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Real estate sector well-placed to absorb RBI's another rate hike, says Ana
Updated : 3 years, 5 months ago IST
New Delhi [India], September 27 (ANI): With the inflationary pressures evident across the globe, many countries have been witnessing back-to-back interest rate hikes. India too is closely knit to the global economy and had to take remedial actions to control inflation, which is driven by dom
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RBI imposes monetary penalty on Andaman & Nicobar State Co-operative B
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], September 26 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed a monetary penalty of Rs 5 lakh on Andaman and Nicobar State Co-operative Bank Ltd for non-compliance with certain provisions of the banking laws.
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Slump in Indian stocks continues over monetary policy tightening risks
Updated : 3 years, 5 months ago IST
New Delhi [India], September 26 (ANI): Indian stocks extended their losses from the previous week and declined further on Monday morning following the latest policy rates hike by the US Federal Reserve in its fight against high inflation.
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No let-up in Rupee depreciation; touches another lifetime low
Updated : 3 years, 5 months ago IST
New Delhi [India], September 26 (ANI): Continuing with the depreciation, Rupee slipped further from the past week's low and hit another lifetime low on Monday morning. This consistent depreciation follows the ongoing strengthening of the US dollar index for a two-decade, on hopes that dem
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RBI will take responsible steps to keep inflation in reasonable range: Eco
Updated : 3 years, 5 months ago IST
New Delhi [India], September 17 (ANI): The Reserve Bank of India's Monetary Policy Committee (MPC) will take responsible steps to keep inflation in a reasonable range, said Sanjeev Sanyal, Member of the Economic Advisory Council to the Prime Minister.
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Inflation remains unacceptably and uncomfortably high: RBI Governor at MPC
Updated : 3 years, 6 months ago IST
Mumbai (Maharashtra) [India], August 19 (ANI): Though inflation has moderated and plateaued since its recent peak of April 2022, it remains unacceptably and uncomfortably high, Reserve Bank of India (RBI) Governor Shaktikanta Das said in his intervention during the Monetary Policy Committee
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Monetary policy over, stock investors' focus shifts to inflation data
Updated : 3 years, 7 months ago IST
New Delhi [India], August 7 (ANI): With the Reserve Bank of India's monetary policy committee meeting over on Friday, the focus of Indian stock market investors will now shift to inflation data, both in India and the US, expected next week.
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RBI hikes repo rate for third time: Here's what experts have to say
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 5 (ANI): The monetary policy committee of the Reserve Bank of India (RBI) has decided to raise the repo rate by 50 basis points to 5.40 per cent in order to contain the persistently high inflation. Today's hike takes the repo rate above pre-pandemic level
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RBI Monetary Policy: Latest hike takes repo rate above pre-pandemic levels
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 5 (ANI): The monetary policy committee of the Reserve Bank of India has unanimously decided to raise the repo rate by 50 basis points to 5.40 per cent in order to contain the persistently high inflation. Today's hike takes the repo rate above pre-pande
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Inflation may ease gradually in second half of 2022-23, says RBI Governor
Updated : 3 years, 8 months ago IST
New Delhi [India], July 9 (ANI): Inflation, which has been above the central bank's tolerance limit since the beginning of 2022, is likely to ease gradually in the second half of the current financial year, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Saturday.
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RBI hiked rates to prevent inflation from corroding economic recovery, MPC
Updated : 3 years, 8 months ago IST
Mumbai (Maharashtra) [India], June 22 (ANI): The Reserve Bank of India (RBI) Monetary Policy Committee decided to hike the policy repo rate by 50 basis points earlier this month in order to prevent inflation from corroding economic recovery, as per the minutes of the MPC meeting released on
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