RBI
- Business
RBI hikes repo rate by 35bps, to continue battle against inflation
Chennai: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) on Wednesday in a 5:1 decision increased the repo rate by 35 basis points (bps) to 6.25 per cent to contain…
- Technology
RBI’s action and experts’ reactions
Chennai: The Reserve Bank of India’s (RBI) Monetary Policy Committee’s (MPC) action to hike the repo rate by 35 basis points (bps) to 6.25 per cent has got the following reactions from…
- Business
Continuing battle against inflation, RBI hikes repo rate by 35 bps
Chennai: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) on Wednesday in a 5:1 decision increased the repo rate by 35 basis points (bps) to 6.25 per cent to contain…
- Business
Demand for moderate rate hike by RBI voiced
Chennai: With the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) expected to revise upwards the interest rate on Wednesday, industry players are voicing out for a moderation. The MPC has…
- India
RBI, Centre inform SC that procedure was followed in 2016’s demonetisation policy
New Delhi: The Reserve Bank of India and the Centre on Monday defended the Centre’s decision to demonetise the old currency notes of Rs 500 and Rs 1,000 before the Supreme Court…
- India
Robust benchmarks critical for stability of the financial system: RBI Deputy Governor
Mumbai: RBI Deputy Governor T Rabi Sankar has talked about the reforms undertaken in financial benchmark administration in India as the country stands in the final stages of transition away from LIBOR…
- India
RBI launches retail digital rupee in four cities
New Delhi: The Reserve Bank of India (RBI) on Thursday launched the first pilot project for retail digital rupee in Mumbai, New Delhi, Bengaluru and Bhubaneswar. The retail digital rupee (e?-R) project…
- Business
RBI’s pilot project on digital rupee to be launched on Dec 1
New Delhi: The Reserve Bank of India’s (RBI) first pilot project for retail digital Rupee (ea,-R) would be launched on December 1, 2022. The pilot would cover select locations in closed user…
- Telangana
Telangana: Banks to be shut for 7 days in December
Hyderabad: The banks in the state of Telangana will be closed on seven different days as per the bank holiday list issued by the RBI (Reserve Bank of India).The bank holidays list…
- Business
RBI should consider moderating its pace of monetary tightening: CII
Delhi: Domestic demand is recovering well as mirrored by the performance of a host of high-frequency indicators. However, the prevailing global polycrisis is likely to impinge on our growth prospects too. Given…
- Business
SBI warns customers against instant loan apps
New Delhi: The country’s largest lender, State Bank of India (SBI) has warned customers against instant loan apps and even suggested measures to safeguard against the menace. “Please refrain from clicking on…
- Business
RBI imposes penalties on nine cooperative banks for violating compliances
New Delhi: The Reserve Bank of India has imposed monetary penalties on nine cooperative banks on account of various contraventions or non compliances of laid down guidelines. These banks are The Berhampur…