Reserve Bank of India (RBI)

Mumbai, June 8 (UNI) Amid downward trend in retail inflation and staying in its target range, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Thursday kept the repo rate unchanged at 6.50%.Consequently, the…

New Delhi, June 1 (UNI) Supreme Court's vacation bench on Thursday refused to entertain the appeal filed by lawyer, Ashwini Kumar Upadhyay seeking an urgent hearing of his petition challenging the RBI's permission (order) for exchanging Rs…

New Delhi, Apr 1 (UNI) India and Malaysia can now settle their trade in Indian Rupee (INR) in addition to the current modes of settlement in other currencies, the government announced on Saturday.This follows the decision by the Reserve…

Kolkata, Feb 8 (UNI) - The 25 bps rate hike by the Reserve Bank of India (RBI) is much along the expected lines, according to Anuj Puri, Chairman – Anarock GroupWith repo rates now at 6.5 pc, there could be some repercussions…

RBI hikes Repo Rate by 25 bps

Mumbai, Policenama Online -  Sensex opened over 180 points higher on Monday after the benchmark ended lower for the last five sessions.At 10.28 a.m., led by recovery in bank and financial stocks, the Sensex was trading 201.87 points higher…

Policenama Online - The RBI board accepted the recommendations of the Bimal Jalan committee and has decided to transfer Rs 1,76,051 crore to the government. This is broken as Rs 1,23,414 crore as surplus for year 2018-19 and another Rs…

New Delhi, Policenama Online - The IL&FS had not disclosed any NPAs for the last four years, the Reserve Bank of India (RBI) has said in a report. The report is based on inspection of IL&FS and IFIN and this has been conveyed by the…

New Delhi : Policenama Online – As gold prices have been soaring for some time now, experts feel the yellow metal will stay higher in comparison to the oil prices for a prolonged period. A recent report by natural resources investing…

New Delhi, Policenama Online -  The six-member monetary policy committee (MPC) of the Reserve Bank of India (RBI) on Wednesday cut repo rate by 35 basis points in its third bi-monthly policy review of the financial year.ANI…