Search For "reserve bank"
RBI proposes to link credit cards to UPI platform
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 8 (ANI): The Reserve Bank of India (RBI) on Wednesday proposed to allow the linking of credit cards to the Unified Payments Interface (UPI) platform.
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RBI raises inflation forecast for FY 2022-23 to 6.7 per cent
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 8 (ANI): The Reserve Bank of India (RBI) on Wednesday raised inflation forecast for the current financial year to 6.7 per cent from its earlier projection of 5.7 per cent.
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RBI hikes policy repo rate by 50 bps, raises inflation forecast to 6.7 per
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 8 (ANI): The Reserve Bank of India (RBI) on Wednesday hiked the policy repo rate by 50 basis points to 4.9 per cent and raised the inflation projection for the current financial year to 6.7 per cent.
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RBI retains GDP growth at 7.2 pc, inflation projected at 6.7 pc for FY 202
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 8 (ANI): Reserve Bank of India (RBI) retained the real GDP projection of 7.2 per cent for the year FY 2022-23.
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Sensex tumbles 205 points as RBI increases policy repo rate
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 8 (ANI): Indian stock market's benchmark Sensex opened 205 points down on Wednesday as the Reserve Bank of India (RBI) increased the policy repo rate by 50 basis points to 4.9 per cent.
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RBI hikes policy repo rate by 50 basis points to 4.9 pc
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 8 (ANI): The Reserve Bank of India (RBI) on Wednesday announced to increase the policy repo rate by 50 basis points to 4.9 per cent, the second hike in five weeks aimed at quelling the inflation.
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Experts believe RBI to hike repo rate by 25-50 basis points
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 8 (ANI): Amid rising inflation concerns in the economy, all eyes are on today's Monetary Policy Meeting outcome as experts believe that the Reserve Bank of India (RBI) is likely to increase the repo rate by 25 to 50 basis points (BPS).
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RBI likely to hike policy interest rates; raise inflation forecast today
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 8 (ANI): The Reserve Bank of India (RBI) is likely to hike the policy repo rate by 40 basis points to 4.80 per cent on Wednesday and increase the inflation forecast for the current fiscal to above 6 per cent from its earlier projection of 5.7 per cent, a
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RBI set to hike policy interest rates; raise inflation forecast on June 8
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 7 (ANI): The Reserve Bank of India (RBI) is set to hike the policy repo rate by 40 basis points to 4.80 per cent on Wednesday and increase the inflation forecast for the current fiscal to above 6 per cent from its earlier projection of 5.7 per cent, accordi
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'Naya J-K' witnesses Renaissance in Cooperative Movement
Updated : 3 years, 9 months ago IST
Jammu and Kashmir [India], June 7 (ANI): In order to address the developmental needs of the underprivileged sections of society and make Jammu and Kashmir Atma-Nirbhar, the Union Territory has witnessed a renaissance in the cooperative movement during the past two years.
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RBI imposes monetary penalty on Madhya Pradesh-based cooperative bank
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 6 (ANI): The Reserve Bank of India (RBl) on Monday said it has imposed a monetary penalty of Rs 50,000 on Jila Sahakari Kendriya Bank Maryadit, Morena, Madhya Pradesh, for non-compliance of Know Your Customer (KYC) related norms.
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RBI imposes monetary penalty on Bassein Catholic Co-operative Bank
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 6 (ANI): The Reserve Bank of India (RBI) on Monday said it has imposed a monetary penalty of Rs 49 lakh on Bassein Catholic Co-operative Bank Ltd, Vasai for non-compliance with its directions.
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