Search For "reserve bank of india"
RBI revises inflation outlook for 2023-24, sees "substantial increase" in
Updated : 2 years, 10 months ago IST
The Reserve Bank of India has upwardly revised the country’s retail inflation projections for 2023-24 at 5.4 per cent, against 5.1 per cent it projected in its previous monetary policy meeting in June.
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RBI keeps repo rate unchanged in third straight policy meet
Updated : 2 years, 10 months ago IST
The Reserve Bank of India in its three-day monetary policy committee meeting unanimously decided to keep the repo rate unchanged at 6.5 per cent, something most financial markets had expected.
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RBI monetary policy: SBI Research expects another pause in interest rates
Updated : 2 years, 10 months ago IST
SBI Research expects the Reserve Bank of India to again put a pause on the key policy rates as the central bank’s third monetary policy committee meeting is currently underway. The outcome of the review meeting will be announced on Thursday morning.
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Experts expect status quo in interest rates from ongoing RBI monetary poli
Updated : 2 years, 10 months ago IST
In its previous meeting in early June, the central bank’s monetary policy committee unanimously decided to keep the repo rate unchanged at 6.5 per cent, something most analysts had expected. The RBI in its April meeting too had paused the repo rate.
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Authorisation of INR as designated currency does not make it a legal tende
Updated : 2 years, 11 months ago IST
The Central Bank of Sri Lanka (CBSL) has clarified certain misrepresentations of facts currently circulating in the public domain on Indian Rupee (INR).
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RBI says 88 pc of Rs 2,000 notes returned to banking system
Updated : 2 years, 11 months ago IST
On May 19, the RBI decided to withdraw the Rs 2000 denomination banknotes from circulation but said it will continue to remain as legal tender.
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RBI caps deposit withdrawal from ailing National Co-operative Bank at Rs 5
Updated : 2 years, 11 months ago IST
The Reserve Bank of India (RBI) has imposed certain restrictions on Bengaluru-based ailing The National Co-operative Bank Ltd and capped deposit withdrawal at Rs 50,000 per account.
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Measuring exposure at risk key to manage climate events: RBI Dy Governor
Updated : 2 years, 11 months ago IST
Stating that the consequences, intensity, severity, and frequency of climate events were hard to measure and difficult to predict, the Reserve Bank of India (RBI) Deputy Governor M Rajeshwar Rao noted that the first step for banks and other regulated entities must take is to measure the amou
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Bajaj Finserv Gold Loan: A hassle-free way to access instant funds
Updated : 2 years, 11 months ago IST
Pune (Maharashtra) [India], July 25: Life is full of uncertainties, and financial emergencies can strike when least expected. During these challenging times, having instant access to funds is crucial. In such situations, leveraging the value of idle gold jewellery can be a smart solution. Ba
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2.51 pc of Rs 2,000 notes in circulation till June end: MoS Finance in Lok
Updated : 2 years, 11 months ago IST
On May 19, the RBI decided to withdraw the Rs 2000 denomination banknotes from circulation but said it would continue to remain as legal tender. However, RBI has advised banks to stop issuing such banknotes with immediate effect.
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Earn Better Returns with High Interest Rate Fixed Deposits on Bajaj Market
Updated : 2 years, 11 months ago IST
Pune (Maharashtra) [India], July 24: The Reserve Bank of India (RBI) has been periodically revising its repo rates by going on a ‘rate-hike’ spree, which began in May 2022. This has, in turn, resulted in an uptick in lending rates and Fixed Deposit (FD) interest offerings.
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Rupee, Dirham mechanism is a paradigm shift in making trade settlements: I
Updated : 2 years, 11 months ago IST
“Now, just like that, the Rupee-Dirham mechanism which we have just signed, is the first one for both of us. In that sense, it's extremely significant. I actually see it as a paradigm shift in how we can make trade settlements”, he added.
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