Search For "rbi"
Axis Bank to Infuse Rs. 1,612 crore in Max Life, Stake to Go up to 19.02 p
Updated : 2 years, 7 months ago IST
New Delhi [India], August 10: Pursuant to the approval of the Max Financial and Max Life Boards, Axis Bank will be infusing Rs. 1,612 Cr by subscribing to equity shares of Max Life, at fair market value determined basis DCF methodology. Axis Bank has received requisite approval from RBI for
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RBI revises inflation outlook for 2023-24, sees "substantial increase" in
Updated : 2 years, 7 months ago IST
The Reserve Bank of India has upwardly revised the country’s retail inflation projections for 2023-24 at 5.4 per cent, against 5.1 per cent it projected in its previous monetary policy meeting in June.
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RBI keeps repo rate unchanged in third straight policy meet
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, something most financial markets had expected.
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RBI Governor to announce Monetary Policy decision today
Updated : 2 years, 7 months ago IST
RBI Governor Shaktikanta Das is scheduled to make the official announcement of the MPC's decision on Thursday, August 10, at 10:00 am.
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RBI monetary policy: Morgan Stanley expects status quo in interest rates
Updated : 2 years, 7 months ago IST
In its previous meeting in early June, the central bank’s monetary policy committee unanimously decided to keep the repo rate unchanged at 6.5 per cent, something most analysts had expected. The RBI in its April meeting too had paused the repo rate.
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RBI monetary policy: SBI Research expects another pause in interest rates
Updated : 2 years, 7 months ago IST
SBI Research expects the Reserve Bank of India to again put a pause on the key policy rates as the central bank’s third monetary policy committee meeting is currently underway. The outcome of the review meeting will be announced on Thursday morning.
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Experts expect status quo in interest rates from ongoing RBI monetary poli
Updated : 2 years, 7 months ago IST
In its previous meeting in early June, the central bank’s monetary policy committee unanimously decided to keep the repo rate unchanged at 6.5 per cent, something most analysts had expected. The RBI in its April meeting too had paused the repo rate.
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Authorisation of INR as designated currency does not make it a legal tende
Updated : 2 years, 7 months ago IST
The Central Bank of Sri Lanka (CBSL) has clarified certain misrepresentations of facts currently circulating in the public domain on Indian Rupee (INR).
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RBI says 88 pc of Rs 2,000 notes returned to banking system
Updated : 2 years, 7 months ago IST
On May 19, the RBI decided to withdraw the Rs 2000 denomination banknotes from circulation but said it will continue to remain as legal tender.
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Udaya Kumar Hebbar and Manoj Nambiar elected as Chairperson and Vice-Chair
Updated : 2 years, 7 months ago IST
New Delhi [India], August 1: Microfinance Industry Network (MFIN), the premier association and RBI-recognised Self-Regulatory Organization (SRO) for the microfinance industry announced the election of Udaya Kumar Hebbar, MD & CEO, CreditAccess Grameen Ltd. as Chairperson and Manoj Kumar
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Introducing Privo Personal Loan on Bajaj Markets
Updated : 2 years, 8 months ago IST
Pune (Maharashtra) [India], July 26: Bajaj Markets, a subsidiary of Bajaj Finserv, has partnered with Privo to offer personal loans of up to Rs. 5 Lakhs at affordable interest rates starting at as low as 9.99%. One can get funds without collateral requirements and can apply for this offering
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Rs 2000 notes were introduced to meet currency requirement post demonetisa
Updated : 2 years, 8 months ago IST
Rs 2000 denomination banknotes were introduced to expeditiously meet the currency requirement of the economy after Demonetisation and are close to the end of their useful life, the Minister of State for Finance, Pankaj Chaudhary said in a written reply to the Rajya Sabha on Tuesday.
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