Tag: RBI
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No change in repo rate, GDP projected at 6.5% for FY24 (Ld)
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Thursday unanimously decided not to revise the repo rate, the central bank's Governor...
RBI hikes repo rate by 25 bps, projects GDP growth at 6.4% for 2023-24
The RBI on Wednesday hiked the repo rate by 25 basis points to 6.5 percent and projected GDP to grow at 6.4 percent in...
RBI Governor says current account deficit ’eminently manageable’
Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said that the current account deficit is "eminently manageable" and within the parameters of...
First finance and central bank deputies meeting to begin in Bengaluru today
With over 180 delegates from all over the world, the first Finance & Central Bank Deputies meeting under India's G20 presidency will commence in...
RBI hikes repo rate to 6.25%, 5th increase in a row
The Reserve Bank of India's (RBI) monetary policy committee (MPC) on Wednesday hiked the repo rate by 35 basis points (bps) to 6.25 percent...
RBI measures controlled inflation, but challenges remain
Economists are of the view that the measures taken by the Reserve Bank of India (RBI) have controlled inflation and add that inflation will...
India’s apex bank to pilot launch digital version of Indian currency soon
The apex bank of India -- Reserve Bank of India (RBI) -- said it would soon commence the pilot launch of the digital version...
RBI looks at securitisation of NPAs, provisioning on expected loss basis for banks
The Reserve Bank of India (RBI) will come out with discussion papers on adopting an expected loss-based approach for loan loss provisioning and on...
RBI cancels licence of Laxmi Co-operative Bank, Solapur
The Reserve Bank of India (RBI) on Thursday canceled the license of The Laxmi Co-operative Bank Ltd in Maharashtra's Solapur.
Consequently, the bank ceases to...
Rupee has held its own despite sharp depreciation in other currencies: RBI Governor
Despite extreme volatility in global stock markets, especially after US Federal Reserve chairman Jerome Powell's Jackson Hole symposium remarks last week, Reserve Bank of...