Search For "the reserve bank of india"
RBI report shows India's forex reserves cover stands at 11.2 months of imp
Updated : 1 year, 4 months ago IST
The Reserve Bank of India (RBI) in its latest report stated that the country's foreign exchange reserves cover of imports (on balance of payments basis) stood at 11.2 months
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India's forex reserves decline third straight week after stellar run
Updated : 1 year, 5 months ago IST
In the week that ended on October 18, the forex reserves kitty dipped USD 2.163 billion to USD 688.267 billion, as per the data released by the Reserve Bank of India (RBI) on Friday. In the two weeks prior to that, the kitty declined USD 3.7 billion and USD 10.7 billion, respectively.
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Rate cut at this stage will be premature and very very risky, says RBI Gov
Updated : 1 year, 5 months ago IST
The Reserve Bank of India's (RBI) Governor Shaktikanta Das on Friday said that interest rate cut at this stage will be 'premature, and very, very risky'.
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Even with potential cut in repo rate, bank deposit rates unlikely to be lo
Updated : 1 year, 5 months ago IST
A research report highlighted that even if the Reserve Bank of India (RBI) announces a rate cut, deposit costs in the banking system are expected to remain high due to the prevailing high credit-to-deposit ratio.
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Rising inflation may push RBI to continue with neutral stance for a longer
Updated : 1 year, 5 months ago IST
The soaring figures of retail inflation in September could force the Reserve Bank of India (RBI) to continue with neutral stance for a longer duration, stated SBI research, adding that "first rate cut could be based on growth, and need not be inflation."
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Heavy reliance on AI could lead to concentration risks in the financial se
Updated : 1 year, 5 months ago IST
The Reserve Bank of India (RBI) Governor Shaktikanta Das on Monday cautioned that heavy reliance on artificial intelligence (AI) could lead to concentration risks in the financial sector.
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RBI increases UPI limit for keypad phones, UPI lite wallet limit also incr
Updated : 1 year, 5 months ago IST
In a bid to boost digital transactions and financial inclusion in the country, the Reserve Bank of India (RBI) has announced an increase in transaction limits for Unified Payments Interface (UPI) services, particularly for users of keypad mobile phones.
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RBI cautioned NBFCs for incentives and targets for loans, warned action
Updated : 1 year, 5 months ago IST
The Reserve Bank of India (RBI) Governor Shaktikanta Das has cautioned Non-Banking Financial Companies (NBFCs) that give incentives and fixed targets for granting loans to their employees.
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RBI MPC announcement today, unlikely change in rates, RBI may change stanc
Updated : 1 year, 5 months ago IST
The Reserve Bank of India (RBI) is set to conclude the three-day Monetary Policy Committee (MPC) meeting today, with Governor Shaktikanta Das expected to announce the central bank's decision on policy rates.
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RBI will evaluate global commodity prices before deciding on rate cut: Yes
Updated : 1 year, 5 months ago IST
As the Reserve Bank of India's (RBI) ongoing meeting draws attention, experts widely believe that the central bank will not announce any changes to the repo rate during this session.
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RBI's monetary policy committee meeting begins today; policy to be announc
Updated : 1 year, 5 months ago IST
The Reserve Bank of India (RBI) is set to begin its three-day monetary policy meeting today, which will run from October 7 to October 9.
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RBI may shift monetary stance to 'Neutral'; rate cuts likely by December 2
Updated : 1 year, 5 months ago IST
The Reserve Bank of India (RBI) will shift its monetary stance to 'neutral' from current 'withdrawal of accommodation' in credit policy this month, rate cuts likely to commence from December, according to a report by Nuvama.
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