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Tag: Reserve Bank of India (RBI)
10 Results
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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 -
Monetary tightening measures by RBI stabilised G-sec yields, contributed to investor confidence in Indian economy: Nirmala Sitharaman
She lauded RBI's foresight in recognizing the persistent nature of inflation and its timely policy adjustments to mitigate its impact.
April 1, 2024 -
“Transformation occurred due to honesty, consistency in our efforts”: PM Modi lauds RBI
While addressing the commemoration ceremony for 90 years of the RBI, the Prime Minister said that when the decisions are right, the policies bear the right fruit.
April 1, 2024 -
PM Modi to address ceremony marking 90 years of RBI in Mumbai today
In 1937, the Central Office of the Reserve Bank was also shifted from Kolkata to Mumbai.
April 1, 2024
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