Search For "the reserve bank of india"
M1xchange offers 'Small to Small Factoring' in partnership with YES BANK a
Updated : 3 years, 11 months ago IST
New Delhi [India], August 4 (ANI/PNN): M1xchange, India's first and leading TReDS platform, in partnership with YES BANK and RBL Bank, announced today that it had started testing of 'Small-Small Factoring' product under the Reserve Bank of India's (RBI's) third cohort of the regulatory sandb
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Indian stocks decline marginally after 5 straight day of gains
Updated : 3 years, 11 months ago IST
New Delhi [India], August 3 (ANI): Snapping five straight days of gains, Indian stock indices declined marginally this morning ahead of the Reserve Bank of India's monetary policy meeting.
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RBI has allowed invoicing, payments for international trade in Indian Rupe
Updated : 3 years, 11 months ago IST
New Delhi [India], August 2 (ANI): The Reserve Bank of India (RBI) has allowed invoicing and payments for international trade in the Indian Rupee, Union Minister of State for Finance Bhagwat Kisanrao Karad said on Tuesday.
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Further interest rate hike by RBI may dent real estate demand
Updated : 3 years, 11 months ago IST
New Delhi (India) July 31 (ANI): The Reserve Bank of India's upcoming monetary policy committee announcement and guidance is expected to be a decisive event for the interest rate-sensitive Indian real estate sector.
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RBI has done a good job in increasing forex reserves: Raghuram Rajan
Updated : 3 years, 11 months ago IST
Raipur (Chhattisgarh) [India], July 30 (ANI): The Reserve Bank of India (RBI) has done a good job in increasing the foreign exchange reserves and the country would not face the economic problems like Sri Lanka and Pakistan, former RBI Governor Raghuram Rajan said.
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Forex reserves fall for 4th straight week; dip by $1.15 billion
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], July 30 (ANI): Extending the loss to the fourth straight week India's foreign exchange (forex) reserves fell by $1.152 billion to $571.56 billion for the week ended July 22, the lowest level in more than 20 months, the Reserve Bank of India data showed.
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RBI may raise repo rate by 35 basis points in upcoming policy meet: Report
Updated : 3 years, 11 months ago IST
New Delhi [India], July 29 (ANI): In line with the global trend of monetary policy tightening to cool off inflation, the Reserve Bank of India (RBI) in its upcoming monetary policy meeting is expected to hike the repo rate by 35 basis points, said global information service provider S&P
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RBI imposes monetary penalty on Gauhati Co-operative Urban Bank
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], July 28 (ANI): The Reserve Bank of India (RBI) on Thursday said it has imposed a monetary penalty on Guwahati-based co-operative bank The Gauhati Co-operative Urban Bank Limited for non-compliance with KYC-related compliance.
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India's forex reserves dip by $7.54 billion as RBI sells dollars to defend
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], July 23 (ANI): India's foreign exchange (forex) reserves slumped by $7.541 billion to $572.712 billion for the week ended July 15, the lowest level in 20 months, as the Reserve Bank of India (RBI) likely used its war chest to defend the rupee, which recently dip
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Will engage with forex market, ensure rupee trades in line with fundamenta
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], July 22 (ANI): The Reserve Bank of India will continue to engage with the foreign exchange market and ensure that the rupee finds its level in line with its fundamentals, said Governor Shaktikanta Das.
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RBI reschedules August meeting of Monetary Policy Committee
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], July 21 (ANI): The Reserve Bank of India (RBI) on Thursday announced a change in the date of the upcoming meeting of the Monetary Policy Committee, which will take the decisions on policy rates.
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RBI working on phased implementation of digital currency
Updated : 3 years, 11 months ago IST
New Delhi [India], July 20 (ANI): The Reserve Bank of India (RBI) is working on a phased implementation of the Central Bank Digital Currency (CBDC) in both wholesale and retail segments, Ajay Kumar Choudhary, Executive Director, RBI, said on Wednesday.
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