Search For "reserve bank of india"
RBI retains GDP growth at 7.2 pc, inflation projected at 6.7 pc for FY 202
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], June 8 (ANI): Reserve Bank of India (RBI) retained the real GDP projection of 7.2 per cent for the year FY 2022-23.
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Sensex tumbles 205 points as RBI increases policy repo rate
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], June 8 (ANI): Indian stock market's benchmark Sensex opened 205 points down on Wednesday as the Reserve Bank of India (RBI) increased the policy repo rate by 50 basis points to 4.9 per cent.
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RBI hikes policy repo rate by 50 basis points to 4.9 pc
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], June 8 (ANI): The Reserve Bank of India (RBI) on Wednesday announced to increase the policy repo rate by 50 basis points to 4.9 per cent, the second hike in five weeks aimed at quelling the inflation.
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Experts believe RBI to hike repo rate by 25-50 basis points
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], June 8 (ANI): Amid rising inflation concerns in the economy, all eyes are on today's Monetary Policy Meeting outcome as experts believe that the Reserve Bank of India (RBI) is likely to increase the repo rate by 25 to 50 basis points (BPS).
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RBI likely to hike policy interest rates; raise inflation forecast today
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], June 8 (ANI): The Reserve Bank of India (RBI) is likely to hike the policy repo rate by 40 basis points to 4.80 per cent on Wednesday and increase the inflation forecast for the current fiscal to above 6 per cent from its earlier projection of 5.7 per cent, a
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RBI set to hike policy interest rates; raise inflation forecast on June 8
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], June 7 (ANI): The Reserve Bank of India (RBI) is set to hike the policy repo rate by 40 basis points to 4.80 per cent on Wednesday and increase the inflation forecast for the current fiscal to above 6 per cent from its earlier projection of 5.7 per cent, accordi
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'Naya J-K' witnesses Renaissance in Cooperative Movement
Updated : 4 years ago IST
Jammu and Kashmir [India], June 7 (ANI): In order to address the developmental needs of the underprivileged sections of society and make Jammu and Kashmir Atma-Nirbhar, the Union Territory has witnessed a renaissance in the cooperative movement during the past two years.
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RBI imposes monetary penalty on Madhya Pradesh-based cooperative bank
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], June 6 (ANI): The Reserve Bank of India (RBl) on Monday said it has imposed a monetary penalty of Rs 50,000 on Jila Sahakari Kendriya Bank Maryadit, Morena, Madhya Pradesh, for non-compliance of Know Your Customer (KYC) related norms.
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RBI imposes monetary penalty on Bassein Catholic Co-operative Bank
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], June 6 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed a monetary penalty of Rs 49 lakh on Bassein Catholic Co-operative Bank Ltd, Vasai for non-compliance with its directions.
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No proposal to replace Mahatma Gandhi's picture on banknotes: RBI
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], June 6 (ANI): The Reserve Bank of India (RBI) on Monday clarified that it has no proposal to replace the father of the nation Mahatma Gandhi's picture on currency notes.
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RBI likely to hike policy repo rate by 0.40 per cent next week
Updated : 4 years ago IST
New Delhi [India], June 4 (ANI): Amid inflationary pressure in the economy, the Reserve Bank of India is likely to raise the policy repo rate by 40 basis points next week and hike it further by 0.35 per cent in August taking it to the pre-pandemic level of 5.15 per cent, according to economi
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India's forex reserves rise above USD 600 billion mark again
Updated : 4 years ago IST
Mumbai (Maharashtra) [India], June 4 (ANI): India's foreign exchange (forex) reserves for the week ended May 27 rose by USD 3.854 billion to USD 601.363 billion led by a sharp increase in the country's foreign currency assets, the Reserve Bank of India (RBI) data showed.
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