Tag: Bank
Core output rises 3.1% in October
New Delhi: India’s core sector output rose 3.1% in October from 2.4% in the month before, but was sharply lower than 12.7% from a year…
Saturday bank holiday: Are banks open or closed on November 30? Full December holiday list
Nov 29, 2024 05:25 PM IST Saturday bank holiday: Banks are closed on all second and fourth Saturdays, as well as on all Sundays, while…
RBI working to create robust data analytics ecosystem: Dy Guv Swaminathan
Mumbai: RBI is working towards creating a robust data analytics ecosystem to support its supervisory functions, ensuring that the approach remains forward-looking and agile in…
Gold holds up incremental value of forex reserves
The Reserve Bank of India’s gold purchases has helped the central bank to hold up foreign exchange reserves amidst a huge pullout by foreign portfolio…
RBI focus is on clarity in communication since it adopted flexible inflation targeting: Deputy governor Michael Patra
The Reserve Bank of India (RBI) has emphasized clarity in communication, in line with global best practices, after having adopted flexible inflation targeting as a…
Elon Musk’s X was supposed to be a bank, dating app and more by now: Report
Nov 04, 2024 08:04 AM IST Elon Musk had said in an internal X meeting last year that it “would blow my mind” if X…
Profit first: Soonicorn leaders caution against chasing aggressive growth over profitability at ET Soonicorns Summit 2024
“By the time we get to profitability in the Electric Vehicles (EV) sector—a sunrise domain—which is completely new, you’re fighting against 100-year-old technology that has…
Fall in call market volumes makes transmission of repo rate tricky
Mumbai: When it comes to rate transmission, a challenge that the Reserve Bank of India (RBI) is faced with is the visible clout of various…
Rate cut to be based on long-term inflation trajectory: RBI Governor
New Delhi: Reserve Bank of India (RBI) Governor Shaktikanta Das has said the decision on interest rate moderation will be based on long-term inflation trajectory…
Bank holiday today: Are banks closed on Saturday, September 7, 2024, for Ganesh Chaturthi?
Though September 7, 2024 is the first Saturday of the month, banks in several states will be closed on the account of Ganesh Chaturthi. All…