Tag: reserve bank
Farm loans up to ₹2 lakh to be collateral free: RBI | Latest News India
Dec 14, 2024 01:05 PM IST The government categorises agricultural credit, critical for farmers, who depend on it to meet cultivation costs, as priority-sector lending…
India’s economic slowdown: Which way are the gears shifting?
After India’s economy slumped to a seven-quarter low of 5.4% in the July-September quarter, much lower than consensus estimates and below the Reserve Bank of…
India’s weak Q2 growth widens divide between government, Reserve Bank priorities
India’s central bank is under increasing political pressure to cut interest rates as soon as this week, after data showed growth was much weaker than…
RBI injects ₹6,956 crore as liquidity turns to deficit
Mumbai: After running surplus liquidity of about ₹1.4 lakh crore for over two months, the banking system saw a decline in cash, prompting the Reserve…
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…