Tag: Bank
forex: India’s forex reserves rise $1.65 billion to $586.41 billion
India’s forex reserves rose $1.65 billion to $586.41 billion for the week ended April 14, data shared by the Reserve Bank of India stated on…
RBI may hold rates again in June; monsoon, crude key
Members of India’s rate-setting panel believe that cumulative hike since last May appears sufficient for tackling inflation, increasing the likelihood the Monetary Policy Committee (MPC)…
Who’ll finance Indian infrastructure after the Adani scandal?
As the Adani Group grapples with uncomfortable scrutiny, there’s a palpable nervousness in India about what will happen next. In just over a quarter-century, the…
India GDP Growth: India’s economic growth projected to decelerate to 6% in 2023 from 6.6% in 2022: UN
By Yoshita Singh United Nations, India’s economic growth is projected to decelerate to 6 per cent in 2023 from 6.6 per cent in 2022, according…
Foreign Exchange Reserves: India’s forex reserves snap 2-week rise, down $380 million
India‘s foreign exchange reserves retreated from more than eight-month highs to $578.45 billion as of the week ended March 31, the Reserve Bank of India’s…
rbi pre approved credit: Now avail pre-approved credit on your UPI account, mandates RBI
The Reserve Bank of India (RBI) has expanded the scope of the ubiquitous UPI by permitting pre-approved credit lines to be drawn through the facility….
rbi first policy: What’s behind the central bank’s ‘surprise’ pause?
Polls held by most financial media companies had forecast the Reserve Bank of India (RBI) would raise rates in the first policy review of FY24…
Instant View: What experts think of RBI’s surprise rate decision
The Reserve Bank of India (RBI) surprised markets by holding its key repo rate steady on Thursday after six consecutive hikes, saying it was closely…
RBI to set up portal for unclaimed deposits across bank accounts
PTI | | Posted by Sreelakshmi B The Reserve Bank on Thursday announced to set up a centralised portal to access details of unclaimed deposits…
Rbi rates hike: RBI puts brake on rate increase, but don’t celebrate as yet
The Reserve Bank of India (RBI) surprised financial markets Thursday by maintaining the status quo on funding costs as it decided to assess the impact…