Reserve Bank of India
- Stock Market
Sensex opens with losses; investors wait for RBI’s rate hike decision
Mumbai: Domestic key indices of equity markets made marginal losses during the early trading hours on Thursday. Investors were in wait-and-watch mode as the outcome of the Reserve Bank of India’s three-day…
- India
World Bank cuts India’s GDP growth to 6.3% for 2023-24
New Delhi: India’s GDP is expected to slide down to 6.3 per cent in 2023-24 as against its earlier estimate of 6.6 per cent, mainly due to consumption falling owing to higher…
- India
After delivering 25 bps hike in repo rate, RBI to change its stance
Chennai: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) is expected to change its stance after taking a guard against inflation by delivering a 25 basis points (bps) hike in…
- India
Here’s list of bank holidays in April 2023
New Delhi: The Reserve Bank of India (RBI) has announced the bank holidays for April 2023. There are 16 holidays listed by the central bank, including five weekly offs, the second and…
- India
RBI’s repo rate hike decision may not be unanimous
Chennai: With economic experts expecting the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) to increase the repo rate further by 25 basis points (bps), whether it will be unanimous or…
- Business
RBI may pause repo rate hike next month: SBI Report
New Delhi: The Reserve Bank of India (RBI) is likely to apply the pause button on continuous hikes in repo rates during next week’s meeting of its monetary policy committee (MPC), says…
- Business
India’s foreign exchange reserves decline
Mumbai: India’s foreign exchange reserves declined by about USD 2.4 billion to USD 560.003 billion in the week ending on March 10, according to the Reserve Bank of India’s latest data. During…
- India
India’s retail inflation above RBI’s target level for second month
New Delhi: Retail inflation in India remained above RBI’s 6 per cent upper tolerance band for the second straight month in February 2023, with the Consumer Price Index pegged at 6.44 per…
- Business
SBI raises Rs 3,717 crore via bond issuance
Delhi: The State Bank of India (SBI), the country’s largest lender, has raised Rs 3,717 crore through its third Basel III compliant Additional Tier 1 bond issuance in the current financial year…
- India
‘Hindu rate of growth’: ‘Ill-conceived, biased’, says SBI on Rajan’s remarks
New Delhi: An SBI research report on Tuesday dismissed arguments that India is dangerously close to Hindu rate of growth saying such statements are “ill-conceived, biased and premature” in the wake of…
- India
India is ‘dangerously close’ to Hindu rate of growth: Raghuram Rajan
New Delhi; Sounding a note of caution, former Reserve Bank Governor Raghuram Rajan has said that India is “dangerously close” to the Hindu rate of growth in view of subdued private sector…
- Hyderabad
Hyderabad: Commissioner C V Anand flags off Janbhagidari – 10K run by RBI
Hyderabad: City police commissioner C V Anand flagged off Janbhagidari, a 10K run at People’s Plaza, Necklace road organized by the Reserve Bank of India (RBI) on Saturday. The run was organized…
- Business
RBI imposes Rs 3.06 cr penalty on Amazon Pay (India) for violation of norms
Mumbai: The Reserve Bank of India on Friday said it has imposed a penalty of over Rs 3.06 crore on Amazon Pay (India) Private Limited for non-compliance with certain provisions related to…
- Business
RBI cancels registration of Rhino Finance due to irregular lending practices
Mumbai: The Reserve Bank of India on Thursday said it has cancelled the registration of Guwahati-based Rhino Finance Private Ltd for irregular lending practices. In a release, it said the Certificate of…
- India
Record high temperatures in Feb may lead to more rate hikes from RBI, says India Ratings
Mumbai: The record heat in February can lead to more rate hikes from RBI, a domestic rating agency said on Tuesday. The high temperatures will impact wheat production, the rating agency said,…
