Search For "reserve bank"
Expect repo rate cut only in October RBI policy meeting: SBI Research
Updated : 1 year, 9 months ago IST
The report, authored by Soumya Kanti Ghosh, SBI's Group Chief Economic Adviser, expects first repo rate cut in October meeting. The repo rate is the rate of interest at which the RBI lends to other banks.
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Registration for third edition of Reserve Bank's hackathon starts; check p
Updated : 1 year, 9 months ago IST
Winners across each problem statement would receive Rs 40 lakh. A special prize of Rs 20 lakh would be awarded to the best 'all-women team' (a team comprising only women members), across all four problem statements. A stipend of Rs 5 lakh has been announced per team shortlisted for solution
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Sensex touches all-time high, Nifty up 2 per cent on announcement of PM Mo
Updated : 1 year, 9 months ago IST
Indian markets continued their upward trend and Sensex touched all-time high after the Reserve Bank of India (RBI) announced on Friday that it would keep policy rates unchanged at 6.5 percent and Narendra Modi will again take oath of Prime Minister of India.
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RBI says India's banking sector is sound and resilient, Gross NPA is below
Updated : 1 year, 9 months ago IST
India's banking system is robust and the gross NPA (Non-Performing Assets) of the schedule commercial banks and NBFCs are below 3 per cent highlighted RBI (Reserve Bank of India) Governor Shaktikanta Das during the Monetary policy announcement on Friday.
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RBI revises GDP growth for FY25 to 7.2 pc, inflation target remains at 4.5
Updated : 1 year, 9 months ago IST
The RBI has revised the GDP forecast for the current FY 24-25 to 7.2 per cent from 7 per cent earlier, and the CPI inflation is projected at 4.5 per cent.
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RBI Governor Shaktikanta Das to announce monetary policy amid inflation co
Updated : 1 year, 9 months ago IST
The Monetary Policy Committee (MPC), chaired by Governor Das, has been convening in Mumbai this week to deliberate on key policy decisions amidst a challenging economic landscape.
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NPCI International and the Central Reserve Bank of Peru Partner to Develop
Updated : 1 year, 9 months ago IST
Mumbai (Maharashtra) [India], June 6: NPCI International Payments Limited (NIPL) and the Central Reserve Bank of Peru (BCRP) have announced a partnership to enable the deployment of a UPI-like real-time payments system in Peru. This collaboration marks a significant milestone, making Peru th
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NIPL ties up with Central Bank of Peru for UPI-like payment system in Peru
Updated : 1 year, 9 months ago IST
NPCI International Payments Limited (NIPL) and the Central Reserve Bank of Peru (BCRP) have announced a partnership on Wednesday to enable the deployment of a UPI-like real-time payments system in Peru
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RBI MPC meets amid concerns of inflation, rate cut unlikely say economists
Updated : 1 year, 9 months ago IST
The Reserve Bank of India (RBI) is unlikely to reduce the benchmark interest rate in its upcoming monetary policy review meeting. The meeting, chaired by Reserve Bank Governor Shaktikanta Das, is underway in Mumbai
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SEBI sets up committee to review ownership, economic structure of clearing
Updated : 1 year, 9 months ago IST
Financial market regulator SEBI has formed a committee to review the ownership and economic structure of clearing corporations and suggest measures to ensure that those entities function as resilient, independent, and neutral risk managers.
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2.2 pc of Rs 2000 banknotes, with value of Rs 7755 crore, still to be retu
Updated : 1 year, 9 months ago IST
About 2.2 per cent or Rs 7,755 crore of the withdrawn Rs 2,000 banknotes have not yet been returned to the RBI, about eight months after the deadline to deposit or exchange them at bank branches was over
India's forex reserves decline USD 2 billion and come off record highs
Updated : 1 year, 9 months ago IST
India's foreign exchange reserves declined a little over USD 2 billion in the week that ended on May 24, to come off from its all-time high it experienced a week prior. The reserves are now at USD 646.673 billion.
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