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Six-week long election leaves RBI with liquidity dilemma
Tue, May 07, 2024     Source : Economic Times
RBI is stepping in to ease banking system liquidity conditions as a national election which stretches over six weeks is hurting government spending despite strong tax collections.
NEWS
India's services exports growth enters slow lane in FY24: RBI data
Sat, May 04, 2024     Source : Business Standard
Falls to 3-year low of 4.9%, but net services exports grow at 13.6%
NEWS
97.76% of Rs 2000 currency notes returned, says RBI
Fri, May 03, 2024     Source : Economic Times
The Reserve Bank of India (RBI) on Thursday said 97.76 per cent of the Rs 2000 denomination banknotes have returned to the banking system, and only Rs 7,961 crore worth of the withdrawn notes are still wit...
NEWS
Monetary policy expectations impact stocks more than rate moves: RBI paper
Mon, Apr 29, 2024     Source : Economic Times
Equity markets are impacted more by the expectations of future monetary policy than the policy rate surprises on the day of announcement of the policy by the Reserve Bank, said an analysis.
NEWS
Banks fail to meet RBI mandate on CRR multiple times
Mon, Apr 29, 2024     Source : Economic Times
In an unusual occurrence, the average fortnightly cash balances of banks kept with the Reserve Bank of India (RBI) fell short of the central bank's mandated cash reserve requirement (CRR) 15 times in the p...
NEWS
Government approves one-year extension to RBI Deputy Governor Rabi Sankar
Thu, Apr 25, 2024     Source : Business Standard
The Appointments Committee of the Cabinet has approved the re-appointment of T Rabi Sankar, Deputy Governor Reserve Bank of India, for a period of one year with effect from May 3, 2024, they said
NEWS
PayU gets RBI's in-principle approval to operate as payment aggregator
Wed, Apr 24, 2024     Source : Business Standard
The company said it can start onboarding new merchants on its platform with the in-principle approval
NEWS
Inflation sustainably moving towards RBI target enough for a rate cut: Ashima Goyal
Mon, Apr 22, 2024     Source : Economic Times
Consumer price index (CPI) inflation does not have to touch the Reserve Bank of India's 4% target, but sustainably move towards that mark for interest rates to be lowered, Ashima Goyal, external member of ...
NEWS
Track fishy transactions, RBI tells payment firms
Mon, Apr 22, 2024     Source : Economic Times
The Reserve Bank of India has directed all regulated payment companies to track highvalue or suspicious transactions during the course of general elections, according to multiple senior executives in the k...
NEWS
Regulated entities bound by terms of loan share as 'key facts statement': RBI
Tue, Apr 16, 2024     Source : Economic Times
The Reserve Bank of India (RBI) said on Monday that regulated entities will be bound by the terms of the loan indicated in the Key Fact Statement (KFS) if the borrower agrees to them.
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