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Tag: Reserve Bank of India (RBI)
10 Results
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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 -
Premature to talk about US recession based on one-month data: RBI Governor
From the RBI's point of view, the Governor added they will be watchful of all incoming data -- both from domestic and external fronts.
August 8, 2024 -
Repo rate remains unchanged at 6.5 per cent for ninth consecutive time: RBI
The RBI governor warned that there should not be any room for complacency because core inflation has fallen considerably as continuing food price shocks have slowed the process of disinflation in Q1.
August 8, 2024 -
Rupee depreciates to fresh low, leaning towards 84 over global market concern
Analysts say that the Rupee's fall is in line with the weakness in the global market, US recession fears, and add to it the geopolitical tensions.
August 5, 2024 -
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
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