Tag: reserve bank
Sovereign Gold Bond: PNB’s important announcement for SGB investors regarding maturity amount, interest
Punjab National Bank (PNB) has informed that its Sovereign Gold Bond (SGB) and RBI Bond investors customers who have not received their interest and whose…
Inflation to align to the 4 percent target by FY’25-26: Michael Patra
Inflation is expected to be aligned with the target of 4 percent on a durable basis in the coming fiscal according to Reserve Bank deputy…
Imported inflation edges up after months in the negative zone
After remaining in the negative zone for several months, imported inflation or cost of imports is slowly edging up since the beginning of the fiscal….
Dissent even in the newly constituted MPC
One witnessed dissent even in the newly appointed external members of the monetary policy committee in their first vote to set policy rates though all…
RBI MPC gets 3 new external members
New Delhi: The government on Tuesday reconstituted the Reserve Bank‘s Monetary Policy Committee (MPC) by appointing economists Ram Singh, Saugata Bhattacharya and Nagesh Kumar to…
India’s external debt at $682 billion as of end June
India’s external debt rose to $ 682.3 billion as of June 2024, up 2 percent over March 2024 and 8.5 percent over June 2023, data…
Gujarat replaces UP as top investment destination in 2023-24
Gujarat replaced Uttar Pradesh in attracting bank funds for projects in the state in 2023-24 according to a study by the RBI economists. Significantly the…
RBI tightens norms for P2P lending platforms
The Reserve Bank on Friday tightened norms for Non-Banking Financial Company – Peer to Peer Lending Platforms (NBFC-P2P Lending Platform) to improve transparency and compliance….
personal loans: Normalcy returning to household saving behaviour: RBI Dy Guv Michael Patra
Reserve Bank Deputy Governor Michael Patra on Thursday said household saving behaviour is returning to “normalcy” now. Drawing from official data, he said there is…
RBI’s stance provides elbow room to check inflation, aid growth: Experts
The Reserve Bank‘s decision to keep interest rate unchanged will provide it an elbow room to continue focus on moderating inflation for resilient and sustained…