Tag: Reserve Bank of India (RBI)

FDI flows jump to 21-month high in Oct

Around four-fifths of the gross FDI flows into equity were invested in sectors such as manufacturing, retail, energy and financial services sector.

December 26, 2023

RBI directs banks to roll out Card-on-File token facility for customers

RBI introduced Card-on-File Tokenisation (CoFT) in September 2021 and began implementation from October 1, 2022.

December 21, 2023

India’s forex reserves rise to 4-month high of $606.9bn

An increase in the foreign exchange reserves is good news as it helps the RBI to stabilise the rupee.

December 16, 2023

For equity markets, RBI’s measure against personal loans is problematic

India is the world’s most-loved emerging market this year.

December 10, 2023

RBI retains repo rate at 6.5%, GDP growth at 7%, inflation at 5.4%

The MPC is alert and prepared to take necessary actions that are needed.

December 8, 2023

RBI to announce monetary policy today, another pause in repo rate most likely

Raising interest rates is a monetary policy instrument that typically helps suppress demand in the economy, thereby helping the inflation rate decline.

December 8, 2023

Monetary Policy: RBI to continue with its cautious pause

The RBI is likely to continue supporting economic growth, while remaining cautious on inflation.

December 5, 2023

RBI, Bank of England ink pact on sharing info

The MoU establishes a framework for the BoE to place reliance on RBI’s regulatory and supervisory activities while safeguarding UK’s financial stability.

December 1, 2023

Over 97% of Rs 2,000 banknotes have been returned: RBI

The total value of Rs 2,000 banknotes when the withdrawal was announced amounted to Rs 3.56 lakh crore.

December 1, 2023