Tag: rbi

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Posted in Economy

RBI likely to keep repo rate unchanged at 5.50% in December policy: BoB

The Reserve Bank of India (RBI) is expected to maintain the repo rate at 5.50 per cent in its upcoming monetary policy announcement on Friday,…

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Posted in Economy

RBI governor releases five-year national financial inclusion strategy

Reserve Bank Governor Sanjay Malhotra on Monday released a national strategy aimed to deepen financial inclusion over the next five years. The ‘National Strategy for…

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Posted in Economy

India’s forex reserves decline by $4.47 billion to $688.10 billion as of November 21

India’s foreign exchange reserves declined by USD 4.47 billion to reach USD 688.10 billion for the week ending November 21, the Reserve Bank of India…

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Posted in Economy

House Price Index up 2.2 pc annually in Q2: RBI

The All-India House Price Index (HPI) based on transactions in 18 major cities increased at a slower pace of 2.2 per cent in the second…

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Posted in Economy

Lenders provide loans worth Rs 34 lakh cr under Mudra Yojana: MoS Finance

Minister of State for Finance Pankaj Chaudhary on Thursday said lenders have sanctioned loans worth Rs 34 lakh crore under PMMY to 55 crore beneficiaries…

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Posted in Economy

FinMin, RBI working on portal to help citizens claim unclaimed assets: DFS Secy

The finance ministry is working with the Reserve Bank to develop a unified portal to enable savers and retail investors to claim all unclaimed assets…

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Posted in Economy

Volatile nature of food prices pose challenges to inflation forecasting, says RBI’s Poonam Gupta

Kolkata: Reserve Bank of India deputy governor Poonam Gupta on Wednesday said that the high weightage of food in the Consumer Price Index and the…

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RBI Governor Sanjay Malhotra. (Reuters)
Posted in Business

RBI’s Sanjay Malhotra sees scope for repo rate cut in December monetary policy| Business News

India’s recent macroeconomic data reinforces the case for a repo rate cut in the December monetary policy, Reserve Bank of India Governor Sanjay Malhotra said…

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S&P keeps India’s FY26 GDP growth aim at 6.5%; shares FY27 target

S&P Global Ratings on Monday kept its projection for India’s economic expansion at 6.5 per cent in the current fiscal year and forecast 6.7 per…

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Posted in Economy

RBI does not target rupee level; depreciation driven by dollar demand, says Governor Malhotra

Reserve Bank of India (RBI) Governor Sanjay Malhotra on Thursday clarified that the central bank does not aim for any specific level of the rupee,…

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