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RBI expected to hold policy rate again at next review meeting: Crisil
Updated : 2 years, 7 months ago IST
The monetary policy committee of the Reserve Bank of India is expected to again hold the policy rate in the next meeting, as the central bank awaits a clearer picture on the inflation trajectory, said Crisil in a report.
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RBI issues new guidelines for fair lending practices
Updated : 2 years, 7 months ago IST
The RBI's move comes as part of its ongoing efforts to ensure that borrowers are treated fairly and to address customer grievances arising from divergent practices in the imposition of penal charges.
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RBI launches centralised web portal 'UDGAM' for unclaimed deposits
Updated : 2 years, 7 months ago IST
The Reserve Bank of India(RBI) on Thursday launched a Centralised Web Portal UDGAM (Unclaimed Deposits – Gateway to Access inforMation).
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Inflation to fall below RBI’s 6 pc upper tolerance from November: Morgan S
Updated : 2 years, 7 months ago IST
Retail inflation in India rose sharply in July to 7.44 per cent and in the process breached RBI's 6 per cent upper tolerance target, largely due to a sharp spurt in vegetable, fruit, and pulses prices.
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India’s retail inflation breaches RBI’s upper tolerance limit; vegetables,
Updated : 2 years, 7 months ago IST
Retail inflation in India rose sharply in July to 7.44 per cent and in the process breached RBI's 6 per cent upper tolerance target, largely due to a sharp spurt in vegetable, fruits, and pulses prices.
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Real Estate Developers React to RBI's Decision, Repo Rates Remain Unchange
Updated : 2 years, 7 months ago IST
Delhi-NCR [India], August 14: The Reserve Bank of India announced the latest update on Repo rates and mentioned that it would remain stable at 6.5%. After consecutive hikes leaving multiple industries in a fix, this is the third time in a row that the authorities have decided to keep the rat
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RBI Governor pitches for global debt data sharing platform
Updated : 2 years, 7 months ago IST
Stating that high and unsustainable debt levels have severely constrained the fiscal capacity of many countries, Reserve Bank of India Governor Shaktikanta Das on Friday pitched for a global debt data-sharing platform as part of a solution.
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Indian stock indices decline on near-term inflationary concerns
Updated : 2 years, 7 months ago IST
Indian stock indices traded in the red Friday, a day after the Reserve Bank of India flagged concerns about possible inflationary pressures in the near term.
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RBI raises transaction limit for offline UPI Lite payments from Rs 200 to
Updated : 2 years, 7 months ago IST
As part of its continuous bid to deepen the reach and use of digital payments in the country, the Reserve Bank of India on Thursday proposed to enhance the per transaction limit for UPI Lite digital payments in off-line mode from Rs 200 to Rs 500.
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RBI proposes to introduce UPI payments through AI conversations
Updated : 2 years, 7 months ago IST
RBI Governor Shaktikanta Das, as part of its post monetary policy meeting remarks earlier today, said it will enable users to engage in conversation with AI-powered systems to make payments.
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Unlocking Business Success: The Dual Role of CIBIL Rank for Entrepreneurs
Updated : 2 years, 7 months ago IST
New Delhi [India], August 10: Apoorvaa – Credit Repair Lawyer of India, recently sponsored and participated in the Anant National Conference organized by the Bhilwara Branch of CIRC of ICAI. The platform saw thought-provoking discussions on various topics indirectly associated with the India
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RBI maintains repo rate but raises inflation forecast; experts have this t
Updated : 2 years, 7 months ago IST
The Reserve Bank of India in its three-day monetary policy committee meeting unanimously decided to keep the repo rate unchanged at 6.5 per cent – for the third time in a row, something most financial market experts had expected.
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