Search For "reserve bank of india rbi"
India's forex reserves dip by $2.23 billion to $570.74 bn
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], August 20 (ANI): India's foreign exchange (forex) reserves fell by $2.238 billion to $570.74 billion for the week ended August 12, the Reserve Bank of India (RBI) data showed.
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Inflation remains unacceptably and uncomfortably high: RBI Governor at MPC
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], August 19 (ANI): Though inflation has moderated and plateaued since its recent peak of April 2022, it remains unacceptably and uncomfortably high, Reserve Bank of India (RBI) Governor Shaktikanta Das said in his intervention during the Monetary Policy Committee
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Gradual approach to bank privatisation would result in better outcomes: RB
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], August 19 (ANI): The Reserve Bank of India (RBI) on Friday issued a clarification on a report related to privatisation of public sector banks, as published in August 2022 issue of the RBI Bulletin, saying it does not represent the central bank's views.
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RBI seeks public feedback on changes in payment systems
Updated : 3 years, 10 months ago IST
Mumbai (Maharashtra) [India], August 18 (ANI): The Reserve Bank of India (RBI) has invited feedback from the public on the various changes proposed in the payments system, including the possibility of imposing tiered charges on transactions done through the Unified Payments Interface (UPI).
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SC notice to Centre, RBI on plea seeking creation of centralised online da
Updated : 3 years, 11 months ago IST
New Delhi [India], August 12 (ANI): The Supreme Court on Friday issued notices to the Centre, Reserve Bank of India (RBI) and others on a plea seeking directions to create a centralised database providing information about bank accounts, insurance, post office funds etc. held by deceased
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RBI releases first set of norms for digital lending
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], August 10 (ANI): The Reserve Bank of India (RBI) on Wednesday released the first set of norms to regulate digital lending to crack down on the growing number of online frauds and unlawful activities.
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RBI imposes monetary penalty on Goa State Co-operative Bank
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], August 8 (ANI): The Reserve Bank of India (RBI) said on Monday it has imposed a monetary penalty of Rs 2.51 lakh on the Goa State Co-operative Bank Ltd, Panaji, for non-compliance with certain provisions of the Banking Regulation Act.
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India's forex reserves rise by $2.31 billion after 4 straight weekly fall
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], August 6 (ANI): India's foreign exchange (forex) reserves rose by $2.315 billion to $573.875 billion for the week ended July 29 on the back of robust capital inflows in the equities markets and strengthening of rupee from the record low, the Reserve Bank of Indi
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Sensex closes 89 points higher as RBI hikes policy repo rate by 50 bps
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], August 5 (ANI): The Indian stock market's benchmark Sensex closed 89 points higher in a volatile session on Friday after the Reserve Bank of India (RBI) hiked the policy repo rate by 50 basis points to tame inflation.
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RBI Governor says, 50 bps rate hike is the new normal across the world
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], August 5 (ANI): The Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said 50 basis points or 0.50 per cent hike in policy rates has become a new normal for the central banks across the world.
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RBI hikes repo rate for third time: Here's what experts have to say
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], August 5 (ANI): The monetary policy committee of the Reserve Bank of India (RBI) has decided to raise the repo rate by 50 basis points to 5.40 per cent in order to contain the persistently high inflation. Today's hike takes the repo rate above pre-pandemic level
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Rupee depreciation more because of US dollar strength than weakness in fun
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], August 5 (ANI): The depreciation of the Indian rupee is more on account of the appreciation of the US dollar rather than weakness in macroeconomic fundamentals of the Indian economy as the domestic currency is faring much better than several other currencies, Re
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