Tag: rbi

RBI unlikely to go for immediate rate cut, despite inflation likely to cool: Ind-Ra
Posted in Economy

RBI unlikely to go for immediate rate cut, despite inflation likely to cool: Ind-Ra

In a cautious outlook for the upcoming fiscal year, India Ratings and Research (Ind-Ra) projects a decline in inflation for FY25, yet it emphasizes that…

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RBI to cut rates in December to 6.25%, say narrow majority of economists: Reuters poll
Posted in Economy

RBI to cut rates in December to 6.25%, say narrow majority of economists: Reuters poll

India’s central bank will cut its key policy rate in December by a quarter point to 6.25% to bolster slowing economic growth, according to a…

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RBI report shows India's forex reserves cover stands at 11.2 months of imports
Posted in Economy

RBI report shows India’s forex reserves cover stands at 11.2 months of imports

The Reserve Bank of India (RBI) in its latest report stated that the country’s foreign exchange reserves cover of imports (on balance of payments basis)…

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Posted in Economy

RBI parks majority of its gold reserves in India; Local holdings up 100 tonnes in H1

Domestic holdings of gold by the Reserve Bank of India (RBI) rose by more than 100 metric tonnes in the half-year ended September, while the…

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RBI ups domestically-held gold by another 102 metric tonnes in Apr-Sep
Posted in Economy

RBI ups domestically-held gold by another 102 metric tonnes in Apr-Sep

The Reserve Bank of India (RBI) added another 102 metric tonnes to the domestically held gold in the April-September period, as per a disclosure made…

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The main five days of Diwali include Dhanteras, Choti Diwali, Lakshmi Puja, Govardhan Puja and Bhai Dooj. (Representational Image/Pexels)
Posted in Business

Are banks open or closed on Dhanteras 2024? See details and list of bank holidays for October and November 2024

Oct 29, 2024 08:06 AM IST With Dhanteras, the first day of Diwali being celebrated today on Tuesday, October 29, 2024, the question of whether…

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RBI fixes Rs 300 cr networth criteria for entities applying for central counterparty
Posted in Economy

RBI fixes Rs 300 cr networth criteria for entities applying for central counterparty

Mumbai: The Reserve Bank on Monday said an entity seeking authorisation or recognition as a Central Counterparty (CCP) should have a minimum networth of Rs…

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Fall in call market volumes makes transmission of repo rate tricky
Posted in Economy

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…

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Future of money has to be digital, no escape from that: Shaktikanta Das
Posted in Economy

Future of money has to be digital, no escape from that: Shaktikanta Das

Kolkata: Future of money has to be digital, there is no escape from that, Reserve Bank of India Governor Shaktikanta Das said at the G30…

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Posted in Economy

RBI injects funds to rein in bank funding costs amid forex outflows

Mumbai: The Reserve Bank of India’s move on Friday to inject funds into the banking system despite the prevalence of a headline liquidity surplus reflects…

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