Search For "reserve bank"
RBI Monetary Policy Committee hikes policy rate by 35 bps to 6.25 per cent
Updated : 3 years, 3 months ago IST
The Monetary policy committee (MPC), which determines interest rates, opted to raise the policy repo rate by 35 basis points to 6.25 per cent with immediate effect.
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Markets open on a flat note as investors wait and watch
Updated : 3 years, 3 months ago IST
BSE Sensex was 2.75 points down at 62,623.61 whereas NSE Nifty was 12 points down to 18,630 at 9.23 am in the morning.
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Nagar Urban Co-operative Bank Ahmednagar put under RBI 'directions'
Updated : 3 years, 3 months ago IST
Deposit withdrawal will be restricted to Rs 10,000 per depositor during the entire six months that the Bank will be under directions, with effect from the close of business on December 6.
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World Bank sees inflation declining in India
Updated : 3 years, 3 months ago IST
India's October inflation dropped to 6.77 per cent, from 7.41 per cent in the preceding month, mainly due to easing prices in the food basket, though it remained above Reserve Bank's comfort level for the 10th month in a row.
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RBI imposes Rs 5-lakh penalty on Bharat Co-operative Bank
Updated : 3 years, 3 months ago IST
The penalty was slapped on the non-adherence, violation of directions issued under exposure norms and statutory or other restrictions - urban cooperative banks, the central bank said.
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Delhi HC seeks RBI stand on PIL seeking uniform banking code for foreign e
Updated : 3 years, 3 months ago IST
A Public Interest Litigation (PIL) seeks direction to implement a Uniform Banking Code for foreign exchange transactions to control black money generation and Benami transactions.
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35 basis points repo rate hike looks imminent from RBI policy meet: SBI Re
Updated : 3 years, 3 months ago IST
The SBI Research, in the report, said it believes 6.25 per cent could be the terminal rate in this monetary policy tightening cycle.
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Bank of Baroda expects 25-35 basis points rate hike from Dec 5-7 RBI polic
Updated : 3 years, 3 months ago IST
The Reserve Bank of India's three-day monetary policy committee meeting commences today. Financial markets will be keenly watching the committee's stance as consumer inflation is still above the 6 per cent target band.
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RBI's 3-day monetary policy meet to start today; all eyes on rate hike sta
Updated : 3 years, 3 months ago IST
The Reserve Bank of India's three-day monetary policy committee meeting is set to commence today. Financial markets will be keenly watching the committee's rate hike stance if any, as inflation is still above the 6 per cent target band.
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India's forex reserves rise for third straight week
Updated : 3 years, 3 months ago IST
India's foreign exchange reserves during the week that ended on November 25 rose by USD 2.89 billion to USD 550.14 billion, the Reserve Bank of India data showed on Friday evening. This is the third consecutive week of rising reserves.
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Robust benchmarks critical for stability of the financial system: RBI Depu
Updated : 3 years, 3 months ago IST
T Rabi Sankar said financial benchmarks, used as reference for pricing, valuation and settlement of financial instruments, were a key driver of price integrity of financial markets.
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RBI launches retail digital rupee on pilot basis
Updated : 3 years, 3 months ago IST
The digital rupee would offer features of physical cash like trust, safety and settlement finality.
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