Search For "reserve"
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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RBI increases collateral free loan limit for farmers from Rs 1.6 lakh to R
Updated : 1 year, 3 months ago IST
In a much bigger relief to small and marginal farmers the Reserve Bank of India (RBI) on Friday has hiked the limit for collateral-free loans for agricultural farmers from Rs 1.66 lakh to Rs 2 lakh per borrower.
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Sensex, Nifty opens flat in anticipation of RBI's policy announcements and
Updated : 1 year, 3 months ago IST
Indian stock markets on Friday opened flat amid mixed global cues and Reserve Bank of India's (RBI) policy expectations.
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Scott Boland ready to seize opportunity in second Test against India
Updated : 1 year, 3 months ago IST
Scott Boland, aware that he isn't part of Australia's premier pace attack and cognizant that his role as the first reserve may not be permanent, is determined to make the most of his chance in the second Test against India in Adelaide.
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Markets rally: Nifty, Sensex surge as BJP forms government in Maharashtra,
Updated : 1 year, 3 months ago IST
The Indian stock market on Thursday rallied amid the anticipation of the policy rate cuts by the Reserve Bank of India (RBI). formation of BJP-led government in Maharashtra, and foreign buying, ending in the green territory.
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Notable decline in forex reserve because RBI using forex to manage currenc
Updated : 1 year, 3 months ago IST
The recent decline in India's forex reserve from USD 705 billion to USD 656.58 billion is because the central bank is using forex reserve to manage currency volatility says a report by Union Bank of India.
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"US continues to exploit other economies of the world for their benefit,"
Updated : 1 year, 3 months ago IST
Addressing the VTB Investment Forum in Moscow on Wednesday, Putin said that the opponents of the US did a lot to undermine the fundamental basis of dollar as their international reserve currency
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