Search For "reserve bank of india"
India's foreign exchange reserves see USD 3.7 billion dip after scaling al
Updated : 1 year, 8 months ago IST
India's foreign exchange reserves dipped USD 3.7 billion to USD 701.18 billion as of October 4 after scaling all-time high, according to data released by Reserve Bank of India on Friday
Read More
Deposit growth will soon outweigh credit growth: SBI Research
Updated : 1 year, 8 months ago IST
"Interestingly the yearly gap between credit and deposit growth has narrowed down to 150 bps during the latest fortnight which is lowest since 6 May'22. This indicates that deposit growth will soon outweigh credit growth." said the report.
Read More
If rate cut happens in Feb, it will come with significant downward revisio
Updated : 1 year, 8 months ago IST
Reserve Bank of India's (RBI) decision to keep the repo rate unchanged and change the policy stance to neutral indicates that inflation is still the main concern for the central bank, according to a research report by Union Bank of India.
Read More
RBI increases UPI limit for keypad phones, UPI lite wallet limit also incr
Updated : 1 year, 8 months ago IST
In a bid to boost digital transactions and financial inclusion in the country, the Reserve Bank of India (RBI) has announced an increase in transaction limits for Unified Payments Interface (UPI) services, particularly for users of keypad mobile phones.
Read More
RBI cautioned NBFCs for incentives and targets for loans, warned action
Updated : 1 year, 8 months ago IST
The Reserve Bank of India (RBI) Governor Shaktikanta Das has cautioned Non-Banking Financial Companies (NBFCs) that give incentives and fixed targets for granting loans to their employees.
Read More
RBI MPC announcement today, unlikely change in rates, RBI may change stanc
Updated : 1 year, 8 months ago IST
The Reserve Bank of India (RBI) is set to conclude the three-day Monetary Policy Committee (MPC) meeting today, with Governor Shaktikanta Das expected to announce the central bank's decision on policy rates.
Read More
M Rajeshwar Rao re-appointed RBI Deputy Governor for another year
Updated : 1 year, 8 months ago IST
The central government has re-appointed M Rajeshwar Rao as Deputy Governor, Reserve Bank of India for one year with effect from October 09, 2024, or until further orders, whichever is earlier.
Read More
RBI will evaluate global commodity prices before deciding on rate cut: Yes
Updated : 1 year, 8 months ago IST
As the Reserve Bank of India's (RBI) ongoing meeting draws attention, experts widely believe that the central bank will not announce any changes to the repo rate during this session.
Read More
RBI's monetary policy committee meeting begins today; policy to be announc
Updated : 1 year, 8 months ago IST
The Reserve Bank of India (RBI) is set to begin its three-day monetary policy meeting today, which will run from October 7 to October 9.
Read More
RBI may shift monetary stance to 'Neutral'; rate cuts likely by December 2
Updated : 1 year, 8 months ago IST
The Reserve Bank of India (RBI) will shift its monetary stance to 'neutral' from current 'withdrawal of accommodation' in credit policy this month, rate cuts likely to commence from December, according to a report by Nuvama.
Read More
RBI appoints Aviral Jain as new Executive Director
Updated : 1 year, 8 months ago IST
As Executive Director, Jain will look after the Legal Department, Premises Department and Right to Information Act (First Appellate Authority).
Read More
RBI's potential 50 bps rate cut will have 15-20 bps impact on bank's net i
Updated : 1 year, 8 months ago IST
If the Reserve Bank of India goes for a potential 50 basis point (bp) cut in the repo rate, it is expected to negatively impact the net interest margins (NIMs) of large private banks by 15-20 basis points, highlighted a report by Nomura.
Read More