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Economy gathers steam but pvt investments missing: RBI
Updated : 4 years, 8 months ago IST
Mumbai (Maharashtra) [India], Mar 1 (ANI): Economic activity is gaining steam in India as Covid-19 incidences recede but private investments are missing in action, according to the Reserve Bank of India (RBI).
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Inflation target of 2 to 6 pc appropriate for next 5 years: RBI report
Updated : 4 years, 8 months ago IST
Mumbai (Maharashtra) [India], Feb 26 (ANI): The present inflation target of 2 to 6 per cent is appropriate for the next five years to ensure price stability, the Reserve Bank of India (RBI) said on Friday.
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MSME sector emerges as growth engine of economy, says RBI Governor
Updated : 4 years, 8 months ago IST
New Delhi [India], February 25 (ANI): The Micro, Small and Medium Enterprises (MSME) sector has emerged as the growth engine of the economy and is showing signs of revival after the Covid-led degrowth in early part of the current financial year (2020-21), Reserve Bank of India (RBI) Gover
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RBI puts Rs 1,000 withdrawal cap on Deccan Urban Cooperative Bank
Updated : 4 years, 8 months ago IST
Mumbai (Maharashtra) [India], February 20 (ANI): The Reserve Bank of India (RBI) has imposed a withdrawal cap of Rs 1,000 on customers of Deccan Urban Cooperative Bank and barred the Karnataka-based lender from granting fresh loans or accepting deposits.
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RBI reviews current economic situation, areas of its operations
Updated : 4 years, 8 months ago IST
New Delhi [India], February 16 (ANI): The Central Board of Directors of Reserve Bank of India (RBI) in a meeting on Tuesday reviewed the current economic situation, global and domestic challenges and various areas of operations of the apex bank.
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RBI announces Rs 10,000 cr special OMOs on Feb 25
Updated : 4 years, 8 months ago IST
Mumbai (Maharashtra) [India], February 15 (ANI): The Reserve Bank of India (RBI) said on Monday that it will conduct simultaneous sale and purchase of government bonds under special open market operations (OMOs) on February 25.
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