Tag: RBI
Forex kitty jumps $2.98 bn to new high of $648.562 bn
In the previous week, forex kitty up by $2.951 billion
Mumbai: India's forex reserves jumped by $2.98 billion to a fresh peak of...
SBI Research expect series of repo rate cuts starting October
RBI retained its inflation projection for 2024-25 at 4.5%
New Delhi: As the Reserve Bank of India (RBI) maintained the status quo in repo rate...
Bank, NBFC stocks gain
After RBI policy announcement
Mumbai: Interest-rate sensitive bank and NBFC stocks gained on Friday after the Reserve Bank kept the benchmark interest rates unchanged at...
Equity markets gain marginally
Scale new peaks after RBI policy decision
Mumbai: Equity benchmark indices Sensex and Nifty registered marginal gains to hit fresh lifetime highs on Friday after...
India building up gold reserves: Das
Value of gold in the forex reserves stood at $51.487 billion as on March 22
Mumbai: Reserve Bank Governor Shaktikanta Das on Friday said India...
RBI to review liquidity coverage ratio framework
At present, banks have to maintain stock of high quality liquid assets
Mumbai: Reserve Bank Governor Shaktikanta Das on Friday announced a review of...
Cash deposit facility in banks through use of UPI soon; says...
To permit linking of PPIs through third-party UPI applications
Mumbai: In a major decision, the Reserve Bank on Friday said it will soon facilitate cash...
RBI to soon launch app to enable retail investors to participate...
To make CBDC-Retail accessible to a broader segment of users
Mumbai: The Reserve Bank on Friday announced the launch of a mobile app to...
RBI retains 7% growth forecast for FY25
However, there are headwinds from geopolitical tensions
Mumbai: The Reserve Bank on Friday retained GDP growth forecast of 7 per cent for 2024-25 financial...
RBI projects inflation at 4.5% for FY25
CPI inflation had peaked at 7.8% in April 2022
Mumbai: The Reserve Bank of India (RBI) projected CPI inflation for FY25 at 4.5%. The RBI...