Search For "reserve bank"
Indian stocks rally on a day RBI raises repo rate
Updated : 3 years, 1 month ago IST
In the just concluded three-day monetary policy committee meeting, the RBI decided to raise the repo rate, the rate at which the RBI lends money to all commercial banks, by 25 basis points to 6.5 per cent.
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Has taken number of steps to strengthen resilience of Indian banks: RBI Gu
Updated : 3 years, 1 month ago IST
While addressing the queries of the media during a press conference after the announcement of the Monetary Policy's outcome, he said RBI has taken a number of steps to strengthen the resilience of Indian banks and it has set guidelines on risk management committees and made it mandatory to a
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RBI refrains from giving any forward guidance: Governor Shaktikanta Das
Updated : 3 years, 1 month ago IST
The governor was responding to the media in a post-meeting news conference on a query on forward guidance on Wednesday.
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Eight banks participated in digital currency project: RBI Deputy Governor
Updated : 3 years, 1 month ago IST
T Rabi Sankar said that there are currently over 50,000 retail central bank digital currency (CBDC) users in India.
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RBI restores market hours for government securities to pre-Covid timing
Updated : 3 years, 1 month ago IST
The central bank's governor said, "As part of our gradual move towards normalising liquidity and market operations, it has now been decided to restore market hours for the government securities (G-secs) market to the pre-pandemic timing of 9 am to 5 pm."
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Foreign portfolio flows show signs of improvement: RBI Governor
Updated : 3 years, 1 month ago IST
The RBI governor said net foreign direct investment (FDI) flows remain strong at USD 22.3 billion during April-December 2022. It was USD 24.8 billion in the corresponding period last year, he added.
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RBI proposes UPI payments facility for inbound travellers
Updated : 3 years, 1 month ago IST
Reserve Bank of India said it has proposed to permit all inbound travellers to India to use UPI for their merchant payments while they are in the country.
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RBI MPC raises repo rate by 25 bps to 6.5 pc
Updated : 3 years, 1 month ago IST
Four out of six members of MPC have decided to go ahead with this hike in rate, RBI Governor Shaktikanta Das said on Wednesday.
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Indian stocks start fresh week in red; Adani Ports gains, other group shar
Updated : 3 years, 1 month ago IST
Indian stock markets started the fresh week on a subdued note and lost nearly half a percentage point
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Expect RBI to pause repo rate hike in February policy: SBI Research
Updated : 3 years, 1 month ago IST
SBI Research, in a report published moments before the RBI meeting started, said India's central bank is expected to pause the policy rate hike during the February 6-8 review meeting.
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Banking sector remains resilient, stable: RBI
Updated : 3 years, 1 month ago IST
The central bank said it remains vigilant and continues to monitor the stability of the Indian banking sector.
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New AUD 5 note to represent "culture and history of the First Australians"
Updated : 3 years, 1 month ago IST
After the queen's death last September, Australian authorities had said that the image of King Charles III would not automatically replace her on AUD 5 notes, and that she might be replaced by Australian figures.
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