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Tag: Reserve Bank of India (RBI)
10 Results
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RBI’s monetary policy committee meeting begins today; policy to be announced on October 9
Despite these inflationary pressures, the RBI has opted for a status quo on the repo rate, primarily to support economic recovery post-pandemic.
October 7, 2024 -
RBI unlikely to cut rate as India’s growth is higher than potential output: SBI Report
"Domestic conditions are paramount and with robust growth higher than potential output, case of pause exists" said the report.
October 3, 2024 -
Govt to issue Rs 20,000 cr ‘Sovereign Green Bonds’ in four tranches this fiscal
The release noted that the government is planning to complete the borrowing for the second half of the FY 25 through 21 weekly auctions.
September 27, 2024 -
Rupee will remain stable with positive momentum supported by FPI inflows: Union Bank
The report highlighted that the rupee is expected to trade in the range of Rs 83.27 and Rs 83.99, with Rs 83.99 being its all-time low.
September 26, 2024 -
Nifty, Sensex open flat but experts believe markets are still in bull mode
The Nifty 50 index opened at 25,899.45 points, with a dip of 40.95 points or 0.16 per cent, while the BSE Sensex index declined by 77 points at the opening session to 84,836.45 points, down by 0.09 per cent.
September 25, 2024 -
Gold prices surge as rural recovery and festive season drive strong demand: World Gold Council
Many purchases that were previously delayed are now materialising, with consumers showing increased interest in heavier jewellery pieces.
September 22, 2024 -
RBI imposes monetary penalty on three NBFCs for non-compliance with directives
On September 4, 2024, SMFG India Credit Company Limited (formerly known as Fullerton India Credit Company Limited) was fined Rs 23,10,000 for violating RBI's Information Technology (IT) and cybersecurity guidelines.
September 14, 2024 -
Banks selling IPO shares within a week, experts call for RBI explanation
Market experts have raised concerns and questioned bank's rationale to subscribe IPOs when they have to exit it within a week.
September 4, 2024 -
India stock indices nearing fresh record highs, eye global macroeconomic data for cues
"Growth and inflation conditions updates will be key as central bankers around the world contemplate rate cuts in line with the trajectory expected for the US Fed," S&P Global Market Intelligence said.
August 25, 2024 -
Sensex and Nifty close 582 and 180 points down after RBI keeps rates unchanged
On the equity front, the BSE MidCap and SmallCap indices showed gains of 0.36 per cent and 0.76 per cent, respectively.
August 8, 2024
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