Tag: Bank

rbi pre approved credit: Now avail pre-approved credit on your UPI account, mandates RBI
Posted in Economy

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….

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rbi first policy: What’s behind the central bank’s ‘surprise’ pause?
Posted in Economy

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…

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Posted in Economy

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…

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Reserve Bank of India governor Shaktikanta Das. (PTI Photo)
Posted in Business

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…

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Rbi rates hike: RBI puts brake on rate increase, but don't celebrate as yet
Posted in Economy

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…

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ASSOCHAM: Halt more rate hikes: ASSOCHAM to RBI
Posted in Economy

ASSOCHAM: Halt more rate hikes: ASSOCHAM to RBI

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) should halt any more hikes in lending rates according to newly appointed President…

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Asian Development Bank: India's growth to moderate to 6.4 pc in FY24 : ADB
Posted in Economy

Asian Development Bank: India’s growth to moderate to 6.4 pc in FY24 : ADB

The Asian Development Bank on Tuesday said India‘s economic growth is expected to moderate to 6.4 per cent in the current financial year due to…

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rbi Neeraj Nigam: RBI appoints Neeraj Nigam as new Executive Director
Posted in Economy

rbi Neeraj Nigam: RBI appoints Neeraj Nigam as new Executive Director

The Reserve Bank of India (RBI) on Monday appointed Neeraj Nigam as the new Executive Director (ED) with effect from April 03, 2023. Prior to…

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forex: India's forex reserves rise $5.98 billion to $578.78 billion
Posted in Economy

forex: India’s forex reserves rise $5.98 billion to $578.78 billion

India’s foreign exchange reserves rose $5.98 billion to $578.78 billion as on March 24, 2023, Reserve Bank of India (RBI) data showed on Friday. Data…

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rbi: Realty developers urge RBI for no further repo rate hike on rising cost stress
Posted in Economy

rbi: Realty developers urge RBI for no further repo rate hike on rising cost stress

Realty developers’ body the Confederation of Real Estate Developers’ Association of India (CREDAI) has urged the Reserve Bank of India to not increase the repo…

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