Reserve Bank of India
- India
RBI retains repo rate
Mumbai: The Reserve Bank of India on Friday decided to keep the policy rate unchanged for fourth time in a row as it maintains a tight vigil on inflation. The rate increase…
- Hyderabad
Hyderabad: Know RBI-announced bank holidays in October
Hyderabad: For the month of October, the Reserve Bank of India (RBI) has announced holidays for banks in Hyderabad and other cities across India. According to the RBI, there are a total…
- India
RBI-MPC’s decision on repo rate may be unanimous but not on the stance: Economists
Chennai: While there will be unanimity on not changing the repo rate from the current 6.5 per cent, there will be divergence within the Reserve Bank of India’s (RBI) Monetary Policy Committee…
- India
RBI extends deadline to exchange, deposit Rs 2,000 notes till Oct 7
Mumbai: The Reserve Bank on Saturday extended the special drive to withdraw Rs 2,000 bank notes from the system by another week, till October 7. The public has returned Rs 3.42 lakh…
- Business
Foreign exchange reserves fall USD 2.33 bln to USD 590.70 bln
Mumbai: The country’s foreign exchange reserves declined further by USD 2.335 billion to USD 590.702 billion for the week ended September 22, the Reserve Bank said on Friday. In the previous reporting…
- India
India’s external debt edges past $629 billion
New Delhi: India’s external debt rose by $4.7 billion in the April-June quarter to touch the USD 629.1 billion mark, although the debt-GDP ratio declined, RBI data released on Thursday showed. “The…
- India
RBI proposes 6-month deadline for banks to identify wilful defaulters
Mumbai: The RBI in its draft master directions issued on Thursday has proposed that lenders should label defaulting borrowers as ‘wilful defaulters’ within six months of an account turning non-performing asset (NPA).…
- India
RBI directs banks to return property documents within 30 days of loan repayment
New Delhi: Reserve Bank of India (RBI) has issued guidelines for banks related to release of documents pertaining to movable and immovable property on full repayment of loans by customers. The guidelines…
- Delhi
Delhi govt’s free services schemes provided relief from inflation, says CM Kejriwal
New Delhi: Chief Minister Arvind Kejriwal on Wednesday claimed inflation is the lowest in Delhi and the city government’s schemes for free education, health care, electricity and water have provided “tremendous” relief…
- Business
RBI resisted govt push for Rs 3 lakh cr transfer in 2018: Viral Acharya
New Delhi: The Reserve Bank (RBI) resisted a “raid” planned by some in the government to extract Rs 2-3 lakh crore from its balance sheet in 2018 to meet populist spending in…
- India
‘Freebies’ vs ‘welfarism’: As SC mulls over matter, RBI raises red flags
New Delhi: As Rajasthan, Madhya Pradesh, Telangana and Chhattisgarh gear up for assembly polls, it is very much the season of dishing out revdi — not the popular winter snack, but that…
- India
Retail inflation expected to start coming down from this month: RBI Governor
Indore: Reserve Bank governor Shaktikanta Das on Friday said the central bank expects retail inflation to start declining from this month. He was referring to the central government’s steps to check prices…
- India
RBI says 93 pc of Rs 2000 notes returned to banks
Mumbai: The Reserve Bank on Friday said that as much as 93 per cent of Rs 2000 currency notes that were in circulation on May 19 — the day when the currency…
- Hyderabad
Banks in Hyderabad to remain shut for 8 days in September; Know list of holidays
Hyderabad: The banks in Hyderabad are going to remain closed for eight days in September 2023 due to various holidays. The Reserve Bank of India (RBI) has announced the bank holidays. According…
- India
RBI to stay hawkish on interest rate: Acuite Ratings Chief Economist
Chennai: The Reserve Bank of India (RBI) believes that the current surge in inflation, driven by food prices, is transient and it should moderate by the third quarter with the arrival of…
