RBI

Chennai : The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Wednesday in a 5:1 decision increased the repo rate by 35 basis points (bps) to 6.25 per cent to contain inflation. The repo rate, also called the policy rate,…

Srinagar : MD & CEO J&K Bank, Baldev Prakash today e-launched the Reserve Bank of India’s Nationwide Awareness Campaign (2022) – RBI Kehta Hai:Jaankaar Baniye, Satark Rahiye – in Jammu and Kashmir here at the Bank’s corporate…

New Delhi : Banking frauds have taken varied dimensions with the passage of time. With the advent of digital age and online transactions, however, fraudsters too have upgraded their skills and latched on to innovative methods to rob…

Mumbai : The benchmark indices rose during the afternoon trade on Friday, after falling marginally the previous day as 50 basis points rate hike by the Reserve Bank of India (RBI) was in line with the market expectations and inflows from…

New Delhi : Finance Minister Nirmala Sitharaman on Monday said in the Lok Sabha that the Reserve Bank of India (RBI) has recommended framing of regulations for cryptocurrencies. The Indian government wants an international collaboration…

New Delhi : The RBI is aiming to de-dollarize global trade and the Indian economy, Motilal Oswal Financial Services said in a report.In another move aimed at supporting the currency, the RBI allowed international trade settlement in INR on…

Kolkata : In political rallies or administrative review meetings, the common talking point of West Bengal Chief Minister Mamata Banerjee is her claim of keeping social development projects, especially the ones related to women and farmers,…

New Delhi : Tech giant Google announced that it now requires personal loan apps in India to complete the additional proof of eligibility requirements and the deadline for this was set to end on Wednesday. The eligibility includes copy of…

New Delhi : With inflation likely to exceed 6 per cent for three consecutive quarters, especially if energy prices remain elevated, the RBI is likely to get quite perturbed, Emkay Global Financial Services said in a report.With higher food…

New Delhi : The Reserve Bank of India (RBI) on Tuesday said that it is not necessary to activate 'Counter-Cyclical Capital Buffer' at this point in time. In financial parlance, the 'CCyB' applies on banks to promote sustainable provision of…