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Tag: Reserve Bank of India (RBI)
10 Results
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RBI mandates banks to set up committees for inspection of fraud cases after the SC ruling
The apex bank issued its revised Master Directions on Fraud Risk Management for Regulated Entities (REs).
July 16, 2024 -
India’s foreign exchange reserves surge to touch fresh peak of USD 657.2 billion
The reserves have been rising on and off for a long time now. So far in 2024, they have risen about USD 35 billion, on a cumulative basis.
July 12, 2024 -
Union Budget: Infra push, structural reforms for sustainable growth key industry wish-list
The rating agency expects the revenue receipts of the government to increase on the back of a higher RBI dividend and a rise in tax collections.
July 7, 2024 -
WPI Food Index increased from 5.52 pc in April to 7.40 pc in May
Economists often say a little rise in wholesale inflation is good as it typically incentivizes goods manufacturers to produce more.
June 14, 2024 -
Stock markets gain 3 per cent as political stability returns
The BSE Sensex hit a fresh all-time high of 76,795.31 while the Nifty reached a record high of 23,338.70.
June 8, 2024 -
RBI likely to leave interest rates unchanged
The RBI’s Monetary Policy Committee (MPC) meeting being held from June 5 to 7, which is taking stock of the economic situation, is expected to stick to the current 6.5 per cent repo rate.
June 6, 2024 -
RBI MPC meets amid concerns of inflation, rate cut unlikely say economists
If the interest rate remains untouched again on June 7, it would be the eighth time for the RBI to maintain the status quo on the benchmark repo rate.
June 5, 2024 -
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
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