Tag: Reserve Bank of India
RBI surprises market with aggressive dollar sale to support rupee| Business News
The Reserve Bank of India sold dollars heavily before the local market opened on Thursday to lift the rupee, six bankers said, with the scale…
India’s inflation revamp may give Reserve Bank a reason to stay on hold
India will publish inflation figures based on a new index on Thursday, which analysts say may show elevated price pressures in the economy, giving the…
RBI proposes July 1 rollout of stricter mis-selling rules for banks
The Reserve Bank of India (RBI) has directed banks to refund the entire amount to the customer where mis-sell of a product / service is…
Unclaimed bank deposits of Rs 72,454 crore lying with DEA Fund: MoS Finance
New Delhi, Around Rs 72,454 crore unclaimed deposits of banks, including foreign lenders, are with the Depositor Education and Awareness (DEA) Fund maintained by the…
India-US trade agreement along with other FTAs positive for Indian economy: SBI Chairman
Mumbai : State Bank of India (SBI) Chairman CS Setty on Saturday said the India-US trade agreement, along with the other recently concluded Free Trade…
Net impact of AI on jobs positive, managing the transition to new tech a challenge: RBI
Amid widespread worries over the impact of artificial intelligence on jobs, Reserve Bank Deputy Governor Poonam Gupta on Friday said the net impact of the…
RBI Governor Sanjay Malhotra allays fears over govt borrowing in FY27, asks to focus on net number
Mumbai, RBI Governor Sanjay Malhotra on Friday sought to allay fears over the government’s gross borrowing target for FY27, asking all to look at the…
RBI ‘very comfortable’ with gold loan exposure despite sharp volatility in prices, says Guv Sanjay Malhotra
Amid sharp volatilities in gold prices, the Reserve Bank said it is very comfortable and not concerned with the outstandings against the precious metal in…
RBI’s wait-and-watch stance signals confidence in growth: Economists
Mumbai: Leading economists have welcomed the Reserve Bank of India‘s (RBI) decision to keep the policy repo rate unchanged while maintaining a neutral stance, saying…
RBI leaves door open for more rate cuts
Reserve Bank of India Governor Sanjay Malhotra on Friday indicated that key repo rate will remain at low levels for an extended period and may…