Search For "the reserve bank of india"
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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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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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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RBI may explore other liquidity tools like open market operations (OMOs) a
Updated : 1 year, 3 months ago IST
The Reserve Bank of India (RBI) may keep the current policy rates unchanged in the ongoing Monetary Policy Committee (MPC) meeting, according to a report by the Union Bank of India.
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RBI raises UPI Lite wallet limit to Rs 5,000
Updated : 1 year, 3 months ago IST
The Reserve Bank of India on Wednesday revised the wallet limit for the UPI Lite from Rs 2,000 to Rs 5,000.
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RBI's MPC meeting begins today, all eyes on central bank action on rising
Updated : 1 year, 3 months ago IST
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) meeting to determine the policy rate in the country commenced today in Mumbai.
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RBI advises banks to organize special campaigns like Aadhaar updation for
Updated : 1 year, 3 months ago IST
The Reserve Bank of India (RBI) has directed banks to take immediate steps to reduce the number of inoperative or frozen accounts and to make the activation process smoother and more hassle-free.
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RBI unlikely to cut rates in upcoming MPC meeting: SBI Report
Updated : 1 year, 3 months ago IST
The Reserve Bank of India (RBI) is expected to keep policy rates unchanged in the upcoming Monetary Policy Committee (MPC) meeting scheduled from December 4 to December 6, according to a report by the State Bank of India (SBI).
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FM Nirmala Sitharaman to move Banking Laws (Amendment) Bill in Lok Sabha t
Updated : 1 year, 3 months ago IST
As per the schedule issued by the secretariat, Sitharaman is expected to move the Bill further to amend the Reserve Bank of India Act, 1934, the Banking Regulation Act, 1949, the State Bank of India Act, 1955, the Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970 and
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India's foreign exchange reserves decline for eighth consecutive week
Updated : 1 year, 3 months ago IST
India's foreign exchange (forex) reserves slumped for an eighth consecutive week to hit a multi-month low of USD 656.582 billion in the week that ended on November 22, data from the Reserve Bank of India (RBI) showed.
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