Search For "reserve bank of india"
Outpacing merchandise exports, India's services capturing larger share of
Updated : 2 years, 2 months ago IST
India's services exports, in US dollar terms, grew at a robust compound annual growth rate (CAGR) of more than 14 per cent over the last 30 years (between 1993 and 2022), significantly higher than India's merchandise export growth (10.7 per cent) as well as world services export growth (6.8
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RBI announces premature redemption price for SGB: Investors to receive Rs
Updated : 2 years, 2 months ago IST
According to the Government of India notification dated October 06, 2017, and October 08, 2018, premature redemption of SGB may be permitted after the fifth year from the date of issue, aligning with the date on which interest is payable on the bond.
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Inflation remains main concern against rate cuts: RBI policy minutes
Updated : 2 years, 2 months ago IST
Inflation continues to remain the main concern for the Reserve Bank of India's monetary policy committee members before it goes ahead and loosens its stance on key interest rates.
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India's forex exchange reserves decline after seven-week rise
Updated : 2 years, 2 months ago IST
As per the latest data released by the Reserve Bank of India (RBI), the country's foreign exchange kitty declined by USD 5.401 billion to USD 643.162 billion in the April 12 week
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RBI seeks comments on draft rules to regulate payment aggregators
Updated : 2 years, 2 months ago IST
Comments or feedback on the draft directions may be sent by email or by post to the Chief General Manager-in-Charge, Department of Payment and Settlement Systems, Reserve Bank of India, Central Office, 14th Floor, Shahid Bhagat Singh Marg, Mumbai-400001, on or before May 31, 2024.
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RBI allows early redemption in Sovereign Gold Bond Scheme, 2017-18 Series
Updated : 2 years, 2 months ago IST
The press statement of the RBI says early redemption price has been fixed at Rs 7260/- per unit of SGB, based on the average closing gold price over the previous three business days.
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Crisil expects RBI to initiate repo rate cuts from mid-2024
Updated : 2 years, 2 months ago IST
As the Reserve Bank of India (RBI) maintained the status quo in repo rate for the seventh time this month, rating agency Crisil now expects the rate cut cycle to begin from mid-2024. The repo rate is the rate of interest at which RBI lends to other banks.
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India forex reserves rise for seventh week to reach fresh peak
Updated : 2 years, 2 months ago IST
India's foreign exchange reserves rose for the seventh straight week to hit a fresh all-time high of USD 648.562 billion in the week ending on April 5, as per the latest data released by the Reserve Bank of India (RBI).
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India's Reserve Bank leads surge in gold reserves amid global central bank
Updated : 2 years, 2 months ago IST
India's consistent efforts to bolster its gold reserves reflect a strategy aimed at diversifying its foreign exchange reserves and mitigating risks associated with currency fluctuations and economic uncertainties.
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RBI launches new website and mobile application
Updated : 2 years, 2 months ago IST
The new website and mobile application of the Reserve Bank of India (RBI) was released on Friday by Governor Shaktikanta Das.
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India's foreign exchange reserves rise further to hit fresh high
Updated : 2 years, 2 months ago IST
India's foreign exchange reserves rose for the sixth straight week to hit a fresh all-time high of USD 645.583 billion in the week ending on March 29, as per the latest data released by the Reserve Bank of India
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RBI cancels registration of four non-banking financial companies
Updated : 2 years, 2 months ago IST
Those companies are Uttar Pradesh-based Kundles Motor Finance Private Limited, Tamil Nadu-based Nithya Finance Limited, Punjab-based Bhatia Hire Purchase Pvt Ltd, and Himachal Pradeesh-based Jiwanjyoti Deposits and Advances Limited.
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