Search For "reserve bank"
RBI's monetary policy pause to help foster housing demand during festive s
Updated : 4 years, 5 months ago IST
New Delhi [India], October 8 (ANI): The Reserve Bank of India's (RBI) decision to pause the monetary policy would help foster the housing demand during festival season, a real estate expert said on Friday.
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Economy in stage of recovery, would need continued policy support: CII on
Updated : 4 years, 5 months ago IST
New Delhi [India], October 8 (ANI): Referring to the Reserve Bank of India's (RBI) readings on the current growth of the Indian economy, the Confederation of Indian Industry (CII) on Friday said that it is in the stage of recovery, and would need continued policy support even after the infla
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RBI increases IMPS transaction limit to Rs 5 lakh per transaction
Updated : 4 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 8 (ANI): The Reserve Bank of India (RBI) on Friday announced a revision in the transaction limit for the Immediate Payment Service (IMPS) of National Payments Corporation of India (NPCI), increasing it from Rs 2 lakh to Rs 5 lakh.
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Growth impulses strengthening, inflation trajectory favourable: RBI Govern
Updated : 4 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 8 (ANI): The Reserve Bank of India (RBI) on Friday informed that India's growth rate has seen improvement, and the projection for Gross Domestic Product (GDP) for the financial year (FY) of 2021-22 has been retained at 9.5 per cent.
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RBI projects Consumer Price Index inflation at 5.3 pc for FY 2022
Updated : 4 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 8 (ANI): The Reserve Bank of India (RBI) has projected the Consumer Price Index (CPI) inflation at 5.3 per cent for the financial year 2022.
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Sensex rises 187 points ahead of RBI's Monetary Policy Committee meet
Updated : 4 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 8 (ANI): Ahead of the Reserve Bank of India's Monetary Policy Committee meeting today, the BSE Sensex jumped by 187 points and is trading at 59,864.
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RBI keeps interest rates untouched, continues accommodative stance
Updated : 4 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 8 (ANI): The Reserve Bank of India (RBI) on Friday kept the repo rate unchanged for the eighth time straight and continued with an accommodative stance.
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RBI removes Indian Overseas Bank from PCA framework
Updated : 4 years, 5 months ago IST
New Delhi [India], September 29 (ANI): The Reserve Bank of India (RBI) on Wednesday removed Indian Overseas Bank from its prompt corrective action (PCA) framework, subject to certain conditions and continuous monitoring.
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RBI imposes monetary penalty on RBL Bank
Updated : 4 years, 5 months ago IST
New Delhi [India], September 27 (ANI): The Reserve Bank of India (RBI) has, by an order on Monday imposed a monetary penalty of Rs 2.00 crore on RBL Bank Limited for not complying with the Banking Regulation Act, 1949.
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Punjab CM urges Centre to help the state in hassle-free procurement for Kh
Updated : 4 years, 6 months ago IST
Chandigarh (Punjab) [India], September 24 (ANI): Punjab Chief Minister S Charanjit Singh Channi on Friday requested the Centre to help the state in getting the authorization of Cash Credit Limit (CCL) for the Kharif Marketing Season (KMS), 2021-22 from Reserve Bank of India (RBI) expeditious
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Signs of global economy emerging from Covid impact: RBI Governor Das
Updated : 4 years, 6 months ago IST
Mumbai (Maharashtra) [India], Sep 22 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das said on Wednesday the world is witnessing initial signs of recovery from the impact of coronavirus (Covid-19) pandemic.
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India, Singapore to link UPI, PayNow for faster payments
Updated : 4 years, 6 months ago IST
New Delhi [India], September 14 (ANI): The Reserve Bank of India (RBI) and the Monetary Authority of Singapore (MAS) have announced a project to link their fast payment systems -- Unified Payments Interface (UPI) and PayNow.
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