Search For "rbi"
Indian stocks trading flat ahead of RBI monetary policy outcome
Updated : 2 years, 9 months ago IST
Investors eye policy outcome of the meeting, headed by RBI governor Shaktikanta Das, to be announced Thursday. A majority of analysts expect the RBI will continue to keep the repo rate unchanged at 6.5 per cent.
Read More
How investors can make the most of the high FD rates by Bajaj Finance Fixe
Updated : 2 years, 9 months ago IST
Pune (Maharashtra) [India], June 6: The repo rate has been increased by a total of 100 basis points (bps) in 2023. The Reserve Bank of India (RBI) increased the repo rate by 25 bps in February, followed by another 50 bps in April and 25 bps in May. The repo rate is now at 6.50 per cent.
Read More
RBI launches financial inclusion dashboard Antardrishti
Updated : 2 years, 9 months ago IST
The Reserve Bank of India (RBI) has come up with a Financial Inclusion Dashboard named Antardrishti, a platform that will provide insights to assess and monitor the progress of financial inclusion. RBI governor Shaktikanta Das launched it on Monday.
Read More
Indian stocks steady ahead of RBI's monetary policy meet
Updated : 2 years, 9 months ago IST
Indian stock indices traded largely on a steady note Tuesday morning as investors stared at the the Reserve Bank of India's bi-monthly monetary policy review for fresh cues.
Read More
Time right to address governance gaps in banking, says RBI deputy governor
Updated : 2 years, 9 months ago IST
Deputy Governor at the Reserve Bank of India, Rajeshwar Rao, said time is right to address the gaps in governance frameworks in banks as the overall banking sector in India at the moment is sound, resilient, and financially healthy.
Read More
RBI may again pause repo rate at this week's policy meet: SBI Research
Updated : 2 years, 9 months ago IST
A monetary policy committee headed by RBI governor Shaktikanta Das will hold a three-day-long meeting with its decision be announced on June 8 (Thursday).
Read More
Indian stocks start fresh week in green; RBI meeting in focus
Updated : 2 years, 9 months ago IST
Indian stock indices traded on a positive note Monday morning, extending gains from the previous week on expectations that the RBI will continue to keep the repo rate unchanged in its upcoming monetary policy review meet later this week.
Read More
SC declines urgent hearing of appeal against Delhi HC order on exchange of
Updated : 2 years, 9 months ago IST
The Supreme Court on Thursday declined an urgent hearing of an appeal against the Delhi High Court order which dismissed a plea challenging RBI's decision permitting citizens to exchange Rs 2,000 banknotes, which are being pulled out of circulation, without any requisition slip and ID proof.
Read More
"Absolutely no cause for cheer in today's GDP numbers," says Congress lead
Updated : 2 years, 10 months ago IST
In this regard, Jairam Ramesh took to Twitter and said, "The economy is not a film like QSQT--Quarter Se Quarter Tak. There is absolutely no cause for cheer in today's GDP numbers. They will be spun, but deep structural problems on the double engines of investment and consumption remain."
Read More
Inflation in India breached central bank's target but deviation lower than
Updated : 2 years, 10 months ago IST
Retail inflation or (Consumer Price Index) peaked at 7.8 per cent in April 2022 to an 18-month low of 4.7 per cent in April 2023, driven by a reduction in food and core inflation. In some advanced countries, inflation had in fact touched a multi-decade high and even breached the 10 per cent
Read More
Small Finance Banks are revolutionizing banking services in rural and semi
Updated : 2 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 31: Small Finance Banks, such as AU Small Finance Bank, are emerging as powerful agents of change, revolutionizing banking services in rural and semi-urban areas. By prioritizing increased access to banking services, designing tailored products and services,
Read More
Appeal filed in SC challenging Delhi HC order rejecting plea against excha
Updated : 2 years, 10 months ago IST
An appeal was filed in the Supreme Court on Wednesday two days after the Delhi High Court dismissed a plea challenging RBI's decision permitting citizens to exchange Rs 2000 banknotes, which are being pulled out of circulation, without any requisition slip and ID proof.
Read More