Search For "the reserve bank of india"
RBI to keep repo rate unchanged at meeting next week, chances of rate cut
Updated : 1 year, 3 months ago IST
The Reserve Bank of India (RBI) is expected to maintain its policy rate during its upcoming meeting next week, as GDP growth slowed significantly in the second quarter of FY25. However, the likelihood of a rate cut in February has increased, according to a report by HDFC Bank.
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Rate cuts likely to boost home affordability over next 12 months: JLL
Updated : 1 year, 3 months ago IST
India's residential real estate market could see increase in affordability shift, driven by anticipated interest rate cuts by the Reserve Bank of India (RBI), a report by JLL said.
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India's forex reserves decline for 7th straight week touching over 4-month
Updated : 1 year, 4 months ago IST
India's foreign exchange (forex) reserves dropped for a seventh consecutive week to hit an over four-month low of USD 657.892 billion in the week that ended on November 15, data from the Reserve Bank of India (RBI) showed.
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RBI inks treaty for cross border transactions with Maldives to promote use
Updated : 1 year, 4 months ago IST
The Reserve Bank of India (RBI) and the Maldives Monetary Authority (MMA) signed a Memorandum of Understanding (MoU) in Mumbai to establish a framework to promote the use of their respective local currencies, the Indian Rupee (INR) and the Maldivian Rufiyaa (MVR).
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MMAD Communications Unveils RBI-Approved Payment Aggregator Services Under
Updated : 1 year, 4 months ago IST
New Delhi [India] November 19: MMAD Communications, a leading technology solutions provider in digital payments, announced that it is launching a new payment aggregator brand 'Mpay', post its receiving final authorization to this effect from the Reserve Bank of India (RBI). Mpay will enable
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India's forex reserves decline for sixth straight week by USD 6.4 billion
Updated : 1 year, 4 months ago IST
India's foreign exchange (forex) reserves dropped for a sixth consecutive week to hit a near three-month low of USD 675.65 billion as of November 8, data from the Reserve Bank of India (RBI) showed on Friday, November 15.
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Mumbai: Hoax threat call to RBI customer care dept, case registered
Updated : 1 year, 4 months ago IST
A hoax threat call was received by the customer care department of the Reserve Bank of India (RBI) in Maharashtra's Mumbai.
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Vegetable prices sky-rocket in October, food inflation at 10.87%, CPI at 6
Updated : 1 year, 4 months ago IST
India's retail inflation was at 6.21 per cent in October, breaching the Reserve Bank of India's 6 per cent upper tolerance level.
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FPI can go beyond 10% in listed company by reclassifying investment as FDI
Updated : 1 year, 4 months ago IST
The Reserve Bank of India on Monday announced that a foreign portfolio investor (FPI) investing in excess of the prescribed 10 per cent limit in a company, shall have the option of divesting their holdings or reclassifying such holdings as foreign direct investment (FDI).
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India's 7pc+ FY25 growth target relies on robust investment, inflation con
Updated : 1 year, 4 months ago IST
Recent reports indicate a mixed outlook, with the Reserve Bank of India (RBI) maintaining a cautious stance on monetary policy amid rising inflation.
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India's external assets grew faster than liabilities: RBI report
Updated : 1 year, 4 months ago IST
India's external assets grew faster than its liabilities between June 2023 and June 2024, according to the latest report from the Reserve Bank of India (RBI).
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Amid global economic crisis, RBI hikes its gold reserve to 855 metric tonn
Updated : 1 year, 4 months ago IST
Amid the ongoing global crisis India's total gold reserves held by the Reserve Bank of India (RBI) stand at 854.73 metric tonnes, according to the latest report by the central bank.
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