Five out of six members of MPC voted to remain focused on withdrawal of accommodation to ensure inflation aligns with target while focusing on growth, RBI Governor Shaktikanta Das said on Thursday. The Monetary Policy Committee of the central bank decided to take a pause after a rate hike
It also came to fore that during 2021-22, the total amount received by the UT under CSS was Rs 7,655 crore which got enhanced to Rs 8,938 crore during 2022-23, registering a growth of nearly 15 per cent for the recently concluded financial year.
Chennai (Tamil Nadu) [India], April 5 (ANI/PNN): Paysharp, incorporated in 2019 by Krishna Kumar Mani and Sathish S, provides enterprise-grade payment solutions business, a solution including complete UPI solutions and other payment collection solutions. The startup Paysharp also received th
Indian stock indices extended their gains, though marginally, on Wednesday as investors at large are eyeing the outcome of the three-day Reserve Bank of India's monetary policy committee meeting -- the first in 2023-24 which started Monday.
ASSOCHAM President Ajay Singh said, "Though India remains the fastest-growing nation amongst the major economies, growth is uneven even as the global headwinds from volatile energy prices, geo-political developments and threat of recession in major economies need to be watched with an abunda
The monetary policy committee of the Reserve Bank of India, when it announces the outcome of the ongoing policy meeting on Thursday morning, is likely to hike the repo rate by 25 basis points (100 basis points is equivalent to 1 percentage point), according to advisory firm Emkay Global Fina
The Supreme Court has dismissed a plea for a pan India enquiry into alleged financial fraud in the working of the Kisan Credit Card system for farmers with the connivance of bank officials.
During the 31st Annual Management Convention of Thrissur Management Association, the deputy governor in his address said, "The huge gap in availability and utilisation of financial services by the urban and rural India is one such challenge."
The Governor said in a tweet, "Congratulations Team RBI for 88 years of dedicated service to the nation. It's an humbling moment. A day to rededicate ourselves to the responsibilities of this national institution."
Nigam has, over a span of more than three decades, served in Regulation and Supervision, Human Resource Management, Premises, Currency Management, Bank Accounts and other areas in the Reserve Bank, in its Central Office as well as Regional Offices.
Indian stocks traded largely steady Monday morning as investors at large are eyeing the outcome of the three-day Reserve Bank of India's monetary policy committee meeting, the first in 2023-24, starting today.