Search For "reserve bank"
RBI Governor Shaktikanta Das expresses gratitude in emotional post as he d
Updated : 1 year, 3 months ago IST
Reserve Bank of India (RBI) Governor Shaktikanta Das in a heartfelt social media post expressed his gratitude to the government, stakeholders, and his colleagues for their support and contributions during his time in office.
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Revenue Secretary Sanjay Malhotra appointed new RBI Governor
Updated : 1 year, 3 months ago IST
Sanjay Malhotra, currently serving as the revenue secretary at the Ministry of Finance, has been appointed as the new Governor of Reserve Bank of India.
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RBI Deputy Governor M Rajeshwar Rao highlights IBC's transformative impact
Updated : 1 year, 3 months ago IST
M Rajeshwar Rao, Deputy Governor, Reserve Bank of India (RBI) on Sunday highlighted the transformative journey of the Insolvency and Bankruptcy Code (IBC) since 2016, emphasising its critical role in improving bank asset quality and facilitating substantial pre-admission settlements of un
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SBI Research anticipates RBI repo rate cut in February policy meet
Updated : 1 year, 3 months ago IST
Reserve Bank is expected to cut repo rates in February 2025 and such a decision, it at all taken, is unlikely to be impacted by rupee's weakness against the dollar, asserted SBI Research in a report.
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RBI introduces podcast as tool for wider dissemination of useful informati
Updated : 1 year, 3 months ago IST
In latest move towards effective communication, Reserve Bank of India has decided to launch podcasts for wider dissemination of information that is of interest to the public.
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India's foreign exchange reserves rise again after multi-week slump
Updated : 1 year, 3 months ago IST
India's foreign exchange (forex) reserves started to rise again after having slumped for an eighth consecutive week, in the process hitting a multi-month low.
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RBI Governor Shaktikanta Das meets FM Nirmala Sitharaman in Delhi
Updated : 1 year, 3 months ago IST
The meeting comes just days before Das' current term as RBI Governor ends, and a day after the monetary policy meeting.
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CRR cut by RBI expected to provide support to Net Interest Margins of bank
Updated : 1 year, 3 months ago IST
The Reserve Bank of India's (RBI) decision to cut the Cash Reserve Ratio (CRR) is expected to provide marginal support to the Net Interest Margins (NIMs) of banks, according to a report by Axis Securities.
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Industry welcomes CRR cut, anticipates rate cut to follow
Updated : 1 year, 3 months ago IST
The Reserve Bank of India (RBI) decided to keep the repo rate unchanged at 6.5 per cent for the 11th consecutive time, marking a continuation of its neutral monetary policy stance. The RBI downwardly revised GDP forecast for 2024-25 to 6.6 per cent from 7.2 per cent earlier.
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De-dollarisation not on agenda, only agreements for Vostro accounts with c
Updated : 1 year, 3 months ago IST
Responding to questions during the post-monetary policy press conference, the central bank governor said all that RBI has done is permit the opening of Vostro accounts to countries who wish to trade in local currency. This was a part of the de-risking of trade.
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Economists reacts to RBIs decision to keep repo rate unchanged and cut CRR
Updated : 1 year, 3 months ago IST
The Reserve Bank of India (RBI) kept its key interest rates unchanged on Friday but cut the cash reserve ratio by 50 basis points to bring enough liquidity in the banking system.
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Stable interest rates to bring predictability for homebuyers and developer
Updated : 1 year, 3 months ago IST
The real estate industry players and other stakeholders have largely welcomed the Reserve Bank of India's (RBI) decision to maintain the repo rate at 6.5 per cent, adding that the stability in the policy rate will promote market confidence by giving developers and homeowners.
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