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Tag: Reserve Bank of India (RBI)
10 Results
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India’s forex reserves decline USD 2 billion and come off record highs
Preceding those three weeks, the forex kitty had seen three consecutive weeks of decline.
June 2, 2024 -
Expect high dividend payments by RBI to government to continue: SBI Research
RBI reported a 141 per cent rise in its net income last fiscal, paving the way for the announcement of a record dividend.
May 31, 2024 -
RBI’s dividend transfers to ease near-term deposit accretion woes; Medium-term structural challenges will continue
However, banks will continue to face structural challenges related to deposit growth in the medium to long term.
May 30, 2024 -
India and China added 60 percent of global central bank gold purchase in March
In India RBI's gold holdings rose to a record high of 822.1 tons by the start of April representing an 18.5 tons net acquisition since the beginning of the year.
May 4, 2024 -
Nifty faces selling pressure after making new high
Volatility index India VIX rose sharply by 8 per cent at 14.62, indicating cautiousness in the market. Barring Pharma and Healthcare, all sectors ended in red.
May 3, 2024 -
Indian economy remains in bright spot: Ministry of Finance
Many international organisations assert India's pivotal role in determining the growth path of Asia in the coming years, the review report said.
April 28, 2024 -
RBI seeks comments on draft rules to regulate payment aggregators
Given the growth in digital transactions and the significant role that payment aggregators play in this space, directions are proposed to be updated to further strengthen the payment ecosystem.
April 17, 2024 -
Morgan Stanley does not expect RBI to go for a rate cut in 2024-25
India's key policy rate is expected to be steady at 6.5 per cent in 2024-25 while real rates should average 200 basis points, according to Morgan Stanley.
April 16, 2024 -
RBI proposes cash deposits through UPI; widens digital currency for retail
RBI has also proposed making UPI payments through Prepaid Payment Instruments (PPI) wallets.
April 5, 2024 -
“RBI’s evolution closely intertwined with development of Indian economy”, says RBI Governor Shaktikanta Das
Governor Das emphasized the pivotal role of structural reforms in shaping the RBI's response to contemporary challenges.
April 1, 2024
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