Tag: rbi
Expanding supply capacity will contain inflationary pressure, RBI’s inflation target credible: S&P
S&P Global Ratings on Wednesday said supply capacity in India is continuing to expand pretty quickly which will help contain inflationary pressure. S&P Senior Economist…
RBI rolls out rules to reclassify FPI investment as FDI
MUMBAI: The central bank Monday laid down the rules a foreign portfolio investor (FPI) must follow, including seeking the Centre’s approval for raising equity ownership,…
RBI issues framework for reclassification of FPI to FDI
The Reserve Bank of India on Monday issued an operational framework for reclassification of investment made by a foreign portfolio investor to foreign direct investment…
CPI inflation is likely to breach 6% in October: UBI report
The continued spurt in food prices and fading of the high base effect likely led to a spike in October retail inflation figures. According to…
RBI includes spot deals to expand forex reporting requirements
The Reserve Bank on Friday said it has decided to expand the reporting requirement of forex transactions and include foreign exchange spot deals to ensure…
RBI steps keep average call rates in check
Mumbai: The Reserve Bank of India has been actively managing surplus liquidity in the banking system by conducting variable rate repo and variable rate reverse…
Nearly 98 per cent Rs 2000 banknotes returned; Rs 6,970 cr worth notes still with public
The Reserve Bank of India (RBI) on Monday said 98.04 per cent of the Rs 2000 banknotes have been returned to the banking system, and…
Donald Trump win looming? RBI well-equipped for post-US election volatility, sources say
India’s central bank is well-equipped to deal with a potential sudden outflow of foreign funds and any steep fall in the rupee if Republican candidate…
RBI helps rupee outperform peers in month marred by US election anxiety
The Indian rupee was little changed on Thursday, similar to most of this month during which the central bank’s stranglehold on the currency helped it…
RBI’s Diwali mission: Secretly get 102 tonnes of gold from England to India
Oct 31, 2024 09:42 AM IST The RBI held 854.73 metric tonnes of gold in both domestic and overseas storage facilities, with 510.46 metric tonnes…