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India's forex reserves decline for sixth straight week by USD 6.4 billion
Updated : 1 year, 7 months ago IST
India's foreign exchange (forex) reserves dropped for a sixth consecutive week to hit a near three-month low of USD 675.65 billion as of November 8, data from the Reserve Bank of India (RBI) showed on Friday, November 15.
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Mumbai: Hoax threat call to RBI customer care dept, case registered
Updated : 1 year, 7 months ago IST
A hoax threat call was received by the customer care department of the Reserve Bank of India (RBI) in Maharashtra's Mumbai.
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Rate cut unlikely even in February, inflation to dip January onwards: SBI
Updated : 1 year, 7 months ago IST
The interest rate cut by Reserve Bank of India (RBI) is unlikely in February due to the persistent inflation, SBI Research stated in its latest report, adding that a slight easing in inflation is expected starting in January.
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India's 7pc+ FY25 growth target relies on robust investment, inflation con
Updated : 1 year, 8 months ago IST
Recent reports indicate a mixed outlook, with the Reserve Bank of India (RBI) maintaining a cautious stance on monetary policy amid rising inflation.
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India's external assets grew faster than liabilities: RBI report
Updated : 1 year, 8 months ago IST
India's external assets grew faster than its liabilities between June 2023 and June 2024, according to the latest report from the Reserve Bank of India (RBI).
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Amid global economic crisis, RBI hikes its gold reserve to 855 metric tonn
Updated : 1 year, 8 months ago IST
Amid the ongoing global crisis India's total gold reserves held by the Reserve Bank of India (RBI) stand at 854.73 metric tonnes, according to the latest report by the central bank.
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RBI report shows India's forex reserves cover stands at 11.2 months of imp
Updated : 1 year, 8 months ago IST
The Reserve Bank of India (RBI) in its latest report stated that the country's foreign exchange reserves cover of imports (on balance of payments basis) stood at 11.2 months
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Shaktikanta Das receives award for A+ grade in Central Bank Report Cards 2
Updated : 1 year, 8 months ago IST
Shaktikanta Das, the Governor of Reserve Bank of India (RBI), on October 26, received award for A+ grade in Central Bank Report Cards 2024, for the second consecutive year.
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Emerging economies must get equitable voice in global financial governance
Updated : 1 year, 8 months ago IST
Reserve Bank of India (RBI) Governor Shaktikanta Das highlighted the need for reforms in the international financial system to address challenges faced by emerging economies and to adapt to the evolving global economic landscape.
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India's forex reserves decline third straight week after stellar run
Updated : 1 year, 8 months ago IST
In the week that ended on October 18, the forex reserves kitty dipped USD 2.163 billion to USD 688.267 billion, as per the data released by the Reserve Bank of India (RBI) on Friday. In the two weeks prior to that, the kitty declined USD 3.7 billion and USD 10.7 billion, respectively.
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Even with potential cut in repo rate, bank deposit rates unlikely to be lo
Updated : 1 year, 8 months ago IST
A research report highlighted that even if the Reserve Bank of India (RBI) announces a rate cut, deposit costs in the banking system are expected to remain high due to the prevailing high credit-to-deposit ratio.
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Rising inflation may push RBI to continue with neutral stance for a longer
Updated : 1 year, 8 months ago IST
The soaring figures of retail inflation in September could force the Reserve Bank of India (RBI) to continue with neutral stance for a longer duration, stated SBI research, adding that "first rate cut could be based on growth, and need not be inflation."
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