Search For "reserve bank"
Decreasing inflation rate in India promises a positive financial future
Updated : 2 years, 11 months ago IST
New Delhi [India], April 26 (ANI/PNN): Our world has seen sweeping tides of volatility since 2020. From the advent of a worldwide pandemic to geopolitical-based warfare which derailed the economy of many countries worldwide and caused chaos and unrest. A consequence of the aforementioned unr
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Repo rate likely to be on hold, cuts expected in early 2024: Morgan Stanle
Updated : 2 years, 11 months ago IST
The Reserve Bank of India is likely to keep the repo rate on hold for now as inflation figures seem to be under control and any reduction in the key interest rate is expected only in the early part of 2024, Morgan Stanley said in a report.
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India's forex reserves rise by USD 1.657 bn, reach 9-month high
Updated : 2 years, 11 months ago IST
According to the weekly statistical supplement of Reserve Bank of India released on Friday evening, gold reserves of the country declined by USD 521 million to USD 46.125 billion.
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India-UK 2nd Financial Markets Dialogue: G20 Roadmap for cross-border paym
Updated : 2 years, 11 months ago IST
At the meeting, UK and Indian participants provided updates on recent developments in their respective banking sectors, discussing banking trends and emerging vulnerabilities and risks in the sector. The scope for augmenting knowledge of Central Banking Digital Currency (CBDC) through mut
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FM Sitharaman calls for timely debt restructuring to counter global debt c
Updated : 2 years, 11 months ago IST
Sitharaman said this on the first day of the second G20 Finance Ministers and Central Bank Governors meeting held in Washington DC, which she co-chaired with Reserve Bank of India's Governor Shaktikanta Das.
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Does Repo Rate pause mean good times for the real estate sector?
Updated : 2 years, 11 months ago IST
Delhi NCR [India], April 10 (ANI/NewsVoir): The Reserve Bank of India (RBI) declared that the repo rate, which remains at 6.5% from the most recent review meeting, has not changed for the first time in the previous 12 months. The RBI has kept the repo rate at its current level. The real esta
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Unchanged interest rate by RBI a boon for housing sector: Anarock
Updated : 2 years, 11 months ago IST
The pause in interest rates by the Reserve Bank of India (RBI) is positive for the real estate market, which faced headwinds amid layoffs by large corporates globally, said real estate consultancy firm Anarock.
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Here's how experts reacted to RBI keeping repo rate unchanged after 250 bp
Updated : 2 years, 11 months ago IST
The Reserve Bank of India, in its first monetary policy review meeting in 2023-24, decided to keep the key benchmark interest rate - the repo rate - unchanged at 6.5 per cent, to assess the effects of the policy rate tightening done so far.
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Indian stock markets shut today for Good Friday
Updated : 2 years, 11 months ago IST
Indian stock markets will remain shut today on account of Good Friday. The usual trade will resume next week.
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RBI applies brake on repo rate hike; here's what analysts have to say
Updated : 2 years, 11 months ago IST
The Reserve Bank of India, in its first monetary policy review meeting in 2023-24, decided to keep the key benchmark interest rate - the repo rate - unchanged at 6.5 per cent.
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Headline inflation moderating but remains above targets of central banks:
Updated : 2 years, 11 months ago IST
He said the banking and non-banking financial service sectors in India remained healthy and financial markets evolved in an orderly manner
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Calculate your returns before investment with Bajaj Finance FD calculator
Updated : 2 years, 11 months ago IST
Pune (Maharashtra) [India], April 6 (ANI/NewsVoir): A fixed deposit is a type of savings account offered by banks, post offices and NBFCs where you can deposit money for a fixed period at a fixed rate of interest. Investing in a fixed-income instrument like an FD helps in growing wealth over
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