Search For "reserve"
Steady repo rate at 6.5 pc aligns with market expectations: NSE Macro revi
Updated : 1 year, 9 months ago IST
According to NSE Macro Review report, the policy repo rate remains unchanged at 6.5 per cent, with a continued 'withdrawal of accommodation' stance.
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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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Four Naxalites killed in encounter with security personnel in Chhattisgarh
Updated : 1 year, 9 months ago IST
Four Naxalites were killed in an encounter with District Reserve Group (DRG) personnel in the border area of Narayanpur-Dantewada, an official said.
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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 enhances contingent reserve buffer to 6.5 pc amid positive economic ou
Updated : 1 year, 9 months ago IST
Governor Das addressed by referencing the provisional estimates released by the National Statistical Office (NSO), which placed India's real gross domestic product (GDP) growth at an impressive 8.2 per cent for the fiscal year 2023-24.
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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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Ronnie Rodrigues Features on Times Square's Billboard
Updated : 1 year, 9 months ago IST
New York [US]/ Mumbai (Maharashtra) [India], June 6: New York, one of the world's most vibrant cities, is renowned for its towering skyscrapers and bustling atmosphere. Times Square, a symbolic landmark of the city, is famously illuminated by numerous digital billboards and advertisements, s
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Delhi Waqf Board money laundering case: Court reserves order on interim ba
Updated : 1 year, 9 months ago IST
Qausar Imam Siddiqui, who is facing charges in a Delhi Waqf Board money laundering case, has requested a 30-day interim bail on the grounds of his mother's hospitalization and to support his children's education.
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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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