Search For "rbi"
RBI increases UPI limit for keypad phones, UPI lite wallet limit also incr
Updated : 1 year, 5 months ago IST
In a bid to boost digital transactions and financial inclusion in the country, the Reserve Bank of India (RBI) has announced an increase in transaction limits for Unified Payments Interface (UPI) services, particularly for users of keypad mobile phones.
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RBI cautioned NBFCs for incentives and targets for loans, warned action
Updated : 1 year, 5 months ago IST
The Reserve Bank of India (RBI) Governor Shaktikanta Das has cautioned Non-Banking Financial Companies (NBFCs) that give incentives and fixed targets for granting loans to their employees.
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RBI projects 7.2 pc GDP growth for FY25, CPI inflation to moderate at 4.5
Updated : 1 year, 5 months ago IST
Das said, "Real GDP growth for 2024-25 is projected at 7.2 per cent. With Q2 at 7 per cent, Q3 at 7.4 per cent and Q4 7.4 per cent. Real GDP growth for Q1 of next financial year that is 2025-26 is projected at 7.3 per cent and the risks are evenly balanced."
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RBI keeps repo rate unchanged at 6.5 pc, changes stance to neutral to alig
Updated : 1 year, 5 months ago IST
The decision was made with a majority vote of 5 out of 6 MPC members. The standing deposit facility (SDF) rate remains steady at 6.25 per cent, while the marginal standing facility (MSF) rate and the bank rate are both maintained at 6.75 per cent.
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Nifty, Sensex open in green, RBI policy announcement to drive markets toda
Updated : 1 year, 5 months ago IST
Indian stock markets opened with gains on Wednesday, as investor confidence received a boost following favorable assembly election results for the ruling party.
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RBI MPC announcement today, unlikely change in rates, RBI may change stanc
Updated : 1 year, 5 months ago IST
The Reserve Bank of India (RBI) is set to conclude the three-day Monetary Policy Committee (MPC) meeting today, with Governor Shaktikanta Das expected to announce the central bank's decision on policy rates.
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Snapping six-day losses, stocks rise again; BJP's Haryana assembly poll pe
Updated : 1 year, 5 months ago IST
Snapping six-day losses, Indian stock indices closed in green Tuesday, primarily due to buying at lower levels and with BJP heading for a third straight term in Haryana.
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M Rajeshwar Rao re-appointed RBI Deputy Governor for another year
Updated : 1 year, 5 months ago IST
The central government has re-appointed M Rajeshwar Rao as Deputy Governor, Reserve Bank of India for one year with effect from October 09, 2024, or until further orders, whichever is earlier.
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RBI will evaluate global commodity prices before deciding on rate cut: Yes
Updated : 1 year, 5 months ago IST
As the Reserve Bank of India's (RBI) ongoing meeting draws attention, experts widely believe that the central bank will not announce any changes to the repo rate during this session.
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Non-lending financial service companies are better placed than banks in a
Updated : 1 year, 5 months ago IST
The non-lending financial service companies are better equipped to manage the impacts of rate cuts compared to traditional lending businesses, highlighted a report by Deven Choksey Research.
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RBI's monetary policy committee meeting begins today; policy to be announc
Updated : 1 year, 5 months ago IST
The Reserve Bank of India (RBI) is set to begin its three-day monetary policy meeting today, which will run from October 7 to October 9.
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Geopolitical tensions, MPC outcomes, Q2 results set to shape investors' se
Updated : 1 year, 5 months ago IST
After starting the current month on a tragic note, investors in the stock market will be closely monitoring the global geopolitical situations, outcomes of RBI's Monetary Policy Committee (MPC), and second quarter results of the companies, as per the market experts.
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