Sri Lankan High Commissioner to India, Milinda Moragoda, met the Reserve Bank of India governor Shaktikanta Das on Wednesday and discussed bilateral economic cooperation.
The Reserve Bank of India (RBI) is expected to pause their interest rate hike and the current 6.5 per cent repo rate could be the terminal rate for now, said SBI Research in its latest Ecowrap report.
Pune (Maharashtra) [India], March 24 (ANI/BusinessWire India): Bajaj Markets has partnered with Upwards, an RBI-registered NBFC, to provide personal loans of up to Rs 5 Lakhs. These personal loans come with interest rates ranging between 1.50 per cent and 2.50 per cent per month on Bajaj Mar
The risk of weakness in currencies in the emerging economies in Asia is worrisome, and more so the risk is greater in India with a new bout of rupee weakness, which could force its central bank Reserve Bank of India to "press harder on the brakes", according to Moody's Analytics.
Reserve Bank of India (RBI) governor Shaktikanta Das on Wednesday laid the foundation stone for the establishment of a Greenfield Data Centre and Enterprise Computing and Cybersecurity Training Institute in Bhubaneswar, Odisha.
The central bank has written a letter to all the agency banks that they should keep their designated branches open for over-the-counter transactions related to government transactions up to the normal working hours on March 31, 2023.
The Reserve Bank of India, in its monthly bulletin on Tuesday, noted that consumer price inflation (or retail inflation) in India remained high while core inflation defied to reflect the softening of various input costs.
The Delhi High Court on Monday granted six weeks more time to the Reserve Bank of India (RBI) to respond on a Public Interest Litigation (PIL) seeking direction to implement a Uniform Banking Code for foreign exchange transactions to control black money generation and benami transactions.
According to a public statement which came on RBI website, the person should have at least fifteen years of experience in banking and financial market operations and extensive experience as a full-time director/board member.
Speaking at the Payment System Operators (PSO) Conference in Kochi on Saturday, the government said, "Availability and affordability of an expeditious grievance redress mechanism is of utmost importance to ensure public trust in digital payments."
"Climate proofing of our infrastructure has also been a priority, more so in view of the large investment in infrastructure in recent years," the governor said.