Search For "rbi"
Sensex, Nifty up ahead of RBI's policy, soars 81.57 and 38.50 points in ea
Updated : 1 year, 9 months ago IST
The benchmark BSE Sensex opened higher by 81.57 points, reaching 75,156.08, while the NSE Nifty began the session with a gain of 38.50 points, opening at 22,859.90.
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RBI Governor Shaktikanta Das to announce monetary policy amid inflation co
Updated : 1 year, 9 months ago IST
The Monetary Policy Committee (MPC), chaired by Governor Das, has been convening in Mumbai this week to deliberate on key policy decisions amidst a challenging economic landscape.
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Rate cut expected in Q3FY25, liquidity management will be a challenge for
Updated : 1 year, 9 months ago IST
This projection stands out as an exception compared to the trend observed in other emerging economies, where central bank rate actions typically mirror those of advanced economies.
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Rate cut might be contemplated in the second half of FY25: Care Edge
Updated : 1 year, 9 months ago IST
The Ministry of Statistics and Programme Implementation (MOSPI) estimates GDP growth at 8.2 per cent, driven by robust investment demand. Gross Fixed Capital Formation (GFCF) has surged by 9 per cent in FY24, highlighting the investment boom.
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RBI MPC meets amid concerns of inflation, rate cut unlikely say economists
Updated : 1 year, 9 months ago IST
The Reserve Bank of India (RBI) is unlikely to reduce the benchmark interest rate in its upcoming monetary policy review meeting. The meeting, chaired by Reserve Bank Governor Shaktikanta Das, is underway in Mumbai
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2.2 pc of Rs 2000 banknotes, with value of Rs 7755 crore, still to be retu
Updated : 1 year, 9 months ago IST
About 2.2 per cent or Rs 7,755 crore of the withdrawn Rs 2,000 banknotes have not yet been returned to the RBI, about eight months after the deadline to deposit or exchange them at bank branches was over
India's forex reserves decline USD 2 billion and come off record highs
Updated : 1 year, 9 months ago IST
India's foreign exchange reserves declined a little over USD 2 billion in the week that ended on May 24, to come off from its all-time high it experienced a week prior. The reserves are now at USD 646.673 billion.
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RBI is working on expanding UPI to 20 countries by 2028-29: RBI Annual Rep
Updated : 1 year, 9 months ago IST
The Reserve Bank of India (RBI) along with NPCI international payments ltd (NIPL) will work towards taking UPI to 20 countries by FY29. RBI Annual report says possibilities will be explored for increasing the global footprints of UPI and RuPay.
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Expect high dividend payments by RBI to government to continue: SBI Resear
Updated : 1 year, 9 months ago IST
After having paid an unexpectedly high dividend to the central government by the RBI last financial year, it is now expected that higher dividend payments could continue in the current year too.
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Insolvency and Bankruptcy Code helped banks to recover from NPA: Nirmala S
Updated : 1 year, 9 months ago IST
Citing the success of the IBC, she mentioned that World Bank, in its 2019 report, noted that India's 2016 insolvency regime reform increased creditor recovery rates from 26.5 to 71.6 cents on the dollar, making India 'by far the best performer in South Asia' and surpassing even the averag
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RBI projects real GDP growth for 2024-25 at 7.0 per cent
Updated : 1 year, 9 months ago IST
Despite subdued global economic activity and multiple headwinds, the Indian economy expanded impressively, with real GDP growth accelerating to 7.6 per cent from 7.0 per cent in the previous year - the third successive year of 7 per cent or above growth, the RBI highlighted in its annual rep
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Financial frauds declined by 46.7 per cent during 2023-24: RBI annual repo
Updated : 1 year, 9 months ago IST
The Reserve Bank of India (RBI) in its annual report released on Thursday has noted a 46.7 per cent decline in the amount (value) of frauds reported in 2023-24 compared to the previous year
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