Search For "reserve bank"
India's forex reserves slump by $11.17 billion; steepest fall ever
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 9 (ANI): India's foreign exchange (forex) reserves dipped by $11.17 billion in the week ended April 1, the steepest weekly fall ever, due to a sharp plunge in foreign currency assets, the Reserve Bank of India (RBI) data showed.
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Real estate sector to benefit from RBI's status quo on policy rates
Updated : 3 years, 11 months ago IST
New Delhi [India], April 8 (ANI): The Reserve Bank of India's decision to keep the policy repo rate at a low level of 4 per cent will benefit the real estate sector, industry experts said.
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Sensex surges 412 points as RBI keeps policy rates unchanged
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 8 (ANI): The Indian equities markets benchmark Sensex jumped 412 points on Friday led by a strong buying support in the index heavyweight Reliance Industries as the Reserve Bank of India (RBI) kept key policy rates unchanged in its first monetary policy
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RBI keeps policy rates unchanged; raises inflation forecast, lowers growth
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 8 (ANI): In the first monetary policy review of the financial year 2022-23, the Reserve Bank of India (RBI) on Friday kept key policy interest rates unchanged for the 11th time in a row and sharply raised inflation projection and lowered growth forecast du
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Card-less cash withdrawal to be made available at all ATMs: RBI
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 8 (ANI): The Reserve Bank of India (RBI) on Friday proposed to make card-less cash withdrawal facility available across all banks and automated teller machine (ATM) networks using unified payments interface (UPI).
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RBI raises inflation forecast for FY 2022-23 to 5.7 per cent
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 8 (ANI): The Reserve Bank of India (RBI) on Friday revised upward the inflation forecast for the current financial year to 5.7 per cent from its earlier projection of 4.5 per cent announced in February.
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RBI cuts real GDP growth projection to 7.2 pc for FY 23
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 8 (ANI): While maintaining an accommodative stance, the Reserve Bank of India (RBI) on Friday cut the real Gross Domestic Product (GDP) growth projection for the current Financial Year 2022-23 to 7.2 per cent, against the earlier projection of 7.8 per c
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RBI keeps repo, reverse repo rates unchanged for 11th time in row
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 8 (ANI): Reserve Bank of India's (RBI) Monetary Policy Committee on Friday voted to keep the benchmark repo and reverse repo rates unchanged for the 11th consecutive time.
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Equity indices flat amid volatility ahead of RBI's first Monetary Policy C
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 8 (ANI): Equity indices opened flat on Friday amid the volatility ahead of the policy outcome of the Reserve Bank of India's (RBI) first Monetary Policy Committee meeting this fiscal year.
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RBI releases guidelines on establishment of Digital Banking Units
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 7 (ANI): The Reserve Bank of India (RBI) on Thursday issued guidelines for the establishment of 'Digital Banking Units' as announced in the Union Budget 2022-23 by Finance Minister Nirmala Sitharaman earlier this year.
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National Institute of Bank Management and TalentSprint join forces to crea
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 5 (ANI/BusinessWire India): TalentSprint, a global edtech company and a market leader in transformational deeptech programmes, and the National Institute of Bank Management (NIBM), an autonomous Apex Institute established by the Reserve Bank of India (RBI)
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India's forex reserves dip 3rd straight week; fall by $2.03 billion
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 2 (ANI): India's foreign exchange (forex) reserves dipped by $2.03 billion in the week ended March 25, recording a sharp drop for the third consecutive week, as the Reserve Bank of India (RBI) intervened in the currency markets by way of dollar sales to pr
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