Search For "rbi"
India's forex reserves rise by USD 2.54 billion to USD 547.25 billion
Updated : 3 years, 4 months ago IST
According to RBI's latest data, India's foreign currency assets, which are the biggest component of the forex reserves, rose by USD 1.76 billion to USD 484.28 billion.
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RBI Deputy Governor says monetary policy has to be forward-looking because
Updated : 3 years, 4 months ago IST
Reserve Bank of India's Deputy Governor also said that next week, deliberations would be starting for the next policy review to be announced in the first week of December and will have to depend on inflation data for October and growth data for July-September coming out on November 30.
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Demonetisation affected everyone, Chidambaram tells SC
Updated : 3 years, 4 months ago IST
He also pointed out that at the time of demonetisation the currency in circulation was Rs 17.9 lakh crore and today, according to RBI, it is 32.18 lakh crore and actually the currency in circulation has increased.
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Interest subvention on Kisan Credit Card loans for 2022-23, 2023-24 approv
Updated : 3 years, 4 months ago IST
The interest rate for short-term loans up to Rs 300,000 through Kisan Credit cards (KCC) for farmers will be seven per cent and interest subvention will be 1.5 per cent for the current financial year 2022-23 and the next 2023-24, RBI said in a statement on Wednesday.
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Paytm to remain unaffected by NPCI's UPI market cap move: Experts
Updated : 3 years, 4 months ago IST
Paytm Payments Bank being an issuer and payment service provider bank in itself along with being an acquirer of UPI transactions on its own platform, makes it the source and destination for all of its transactions. So, it effectively serves the customer end-to-end in a transaction.
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India set to overtake China as property investment destination
Updated : 3 years, 4 months ago IST
The property price index has been growing steadily in India in the past few years. The All India House Price Index (HPI) published by the Reserve Bank of India (RBI) grew at an annual rate of 3.5 per cent for the quarter which ended in June (Q1: 2022-23), expanding 1.8 per cent compared w
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RBI imposes Rs 3 lakh penalty on Parwanoo Urban Co-operative Bank
Updated : 3 years, 4 months ago IST
The central bank has said the action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.
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India is differently placed, at low risk of recession: RBI Guv
Updated : 3 years, 4 months ago IST
The Governor, while speaking about the rising inflation across the world, said that inflation in systemically important advanced economies turned out to be persistent rather than transitory.
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Karnataka has highest installed grid-interactive renewable power capacity
Updated : 3 years, 4 months ago IST
Tamil Nadu, with 15,225 mw, came at the second; Gujarat, with 13,153 mw, was at third position while Maharashtra, with 10,267 mw, was at the fourth, according to Handbook of Statistics on Indian States 2021-22, which was the seventh edition of its statistical publication, released by the Res
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Research Dept role is to quickly process an avalanche of data: RBI Guv
Updated : 3 years, 4 months ago IST
During his inaugural address at the annual research conference of the Department of Economic and Policy Research of RBI on Saturday, he said central banks, given their mandate on preserving macro stability, and the responsibility to be at the forefront of managing an economic crisis, have a
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"Remain watchful," RBI Governor's advice to heads of banks amid global hea
Updated : 3 years, 4 months ago IST
RBI Governor Shaktikanta Das acknowledged the crucial role played by the commercial banks in supporting economic growth throughout the turbulent times since the outbreak of the pandemic and the ongoing financial market turmoil.
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IFSCA signs MoU with RBI in the field of regulation, supervision of regula
Updated : 3 years, 4 months ago IST
The MoU facilitates technical cooperation and the exchange of information, according to an official statement from IFSC Authority released on Wednesday.
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