Search For "the reserve bank of india"
Sensex touches all-time high, Nifty up 2 per cent on announcement of PM Mo
Updated : 2 years, 1 month 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 MPC meets amid concerns of inflation, rate cut unlikely say economists
Updated : 2 years, 1 month ago IST
The Reserve Bank of India (RBI) is unlikely to reduce the benchmark interest rate in its upcoming monetary policy review meeting. The meeting, chaired by Reserve Bank Governor Shaktikanta Das, is underway in Mumbai
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RBI is working on expanding UPI to 20 countries by 2028-29: RBI Annual Rep
Updated : 2 years, 1 month ago IST
The Reserve Bank of India (RBI) along with NPCI international payments ltd (NIPL) will work towards taking UPI to 20 countries by FY29. RBI Annual report says possibilities will be explored for increasing the global footprints of UPI and RuPay.
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Financial frauds declined by 46.7 per cent during 2023-24: RBI annual repo
Updated : 2 years, 1 month ago IST
The Reserve Bank of India (RBI) in its annual report released on Thursday has noted a 46.7 per cent decline in the amount (value) of frauds reported in 2023-24 compared to the previous year
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Asset Reconstruction Companies not working as per their mandate to reconst
Updated : 2 years, 1 month ago IST
The Reserve Bank of India raised alarm on the functioning of the Asset Reconstruction Companies (ARCs) by highlighting that the ARCs not working as per their mandate to reconstruct and recover the assets
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RBI imposes monetary penalty on Yes Bank and ICICI Bank
Updated : 2 years, 1 month ago IST
The Reserve Bank of India (RBI) has imposed monetary penalty on Yes Bank and ICICI Bank for non-compliances with certain directions issued by it.
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India's forex reserves jump third week to hit fresh lifetime high
Updated : 2 years, 1 month ago IST
India's foreign exchange reserves rose for the third straight week, by USD 4.549 billion to USD 648.700 billion in the week that ended on May 17, according to data shared by the Reserve Bank of India (RBI). In the process, they touched a fresh lifetime high.
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RBI approves dividend of Rs 2.11 lakh crore to government for FY24
Updated : 2 years, 1 month ago IST
The Reserve Bank of India (RBI) board approved the transfer of Rs 2,10,874 crore as surplus to the Central Government for the accounting year 2023-24.
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RBI likely to transfer Rs 1 trillion to government in FY25
Updated : 2 years, 2 months ago IST
The Reserve Bank of India (RBI) is likely to transfer approximately Rs 1000 billion to the government IN FY25 according to a report by Union Bank of India.
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RBI proposal of higher provisioning for under-construction projects will h
Updated : 2 years, 2 months ago IST
The Reserve Bank of India's (RBI) proposal to set aside 5 per cent of the loan for construction projects, which is significantly higher than the 0.4% that it used to be earlier, has raised the concerns of the builders. The proposal, however, also provisioned it to be lowered to 2.5% when the
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Ind-Ra raises FY25 GDP growth estimate to 7.1 pc: Strong government-privat
Updated : 2 years, 2 months ago IST
The new projection slightly exceeds the Reserve Bank of India's (RBI) forecast of 7.0 per cent. The agency's forecast indicates higher growth than RBI's for the first and fourth quarters of FY25 but lower for the second and third quarters.
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India and China added 60 percent of global central bank gold purchase in M
Updated : 2 years, 2 months ago IST
The Reserve Bank of India added 5 tons of Gold to its reserves during March. The gold reserves of the central banks worldwide reported a net increase in their gold reserves.
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