[ad_1] Reserve Bank of India (RBI) Governor Shaktikanta Das on Monday flagged the issue of high costs and low speed associated with cross-border payments and said the […]
RBI raises small value payment transaction limit in offline mode to Rs 500
[ad_1] The Reserve Bank of India (RBI) on Thursday raised the upper limit of an offline payment transaction to Rs 500 from the existing Rs 200 to […]
Liquidity continues to be in deficit, banks expect RBI repo auction
[ad_1] The market expects that the RBI could announce a variable repo rate (VRR) auction to infuse liquidity. Liquidity deficit in the banking system continued on Wednesday […]
Foreign exchange reserves up $700 mn to $602 bn, snap 3-week losing streak
[ad_1] India’s foreign exchange reserves snapped a three-week losing streak and stood at $602.16 billion as of Aug. 11, data from the country’s central bank showed on […]
Provide borrowers option to switch to fixed interest rates: RBI to banks
[ad_1] It further said that at the time of reset of interest rates, Regulated Entities (REs) should provide an option to borrowers to switch over to a fixed […]
India needs major reforms in food supply management: RBI researchers
[ad_1] By Anup Roy India needs to adopt a sound policy on how to store perishables to shield the economy from repeated food price shocks, […]
Governor Shaktikanta Das to announce rates today
[ad_1] Reserve Bank of India (RBI) Governor Shaktikanta Das will announce the third monetary policy of the current financial year today. The meeting began on Tuesday and will […]
Stock market LIVE: Asian indices mixed post weak Wall Street show
[ad_1] Stock market LIVE updates on August 10, 2023: Overnight in the US, all three major indexes lost ground, with the tech-heavy Nasdaq leading losses and shedding 1.17 […]
RBI likely to keep rate and policy stance unchanged to control inflation
[ad_1] India’s central bank is expected keep its benchmark rate and policy stance unchanged for a third consecutive meeting to support growth while food inflation accelerates in […]
Markets to focus on Q1 earnings, RBI interest rate this week: Analysts
[ad_1] The RBI interest rate decision, industrial production data for June and the ongoing quarterly earnings from corporates would largely drive the stock markets this week, analysts […]