Wednesday, Oct 05, 2022
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Rbi Mpc Meet

Reserve Bank of India Governor Shaktikanta Das

Reserve Bank of India to Set Up Committee For Mumbai Interbank Offer Rate: What Is MIBOR?

Mumbai Interbank Offer Rate (MIBOR) is the rate at which banks lend money from each other for liquidity, finance, and other short-term needs. The RBI is proposing a committee to iron out MIBOR issues and conduct further...

05 August 2022

Proper Interpretation Of Data Necessary For More Informed Decision Making: RBI Governor

Das mentioned that lockdowns in various countries, including India, posed severe challenges to the compilation and availability of data relating to the spread of the pandemic, and its impact on various economies and the...


Follow Instructions In Letter And Spirit While Funding Infra Projects Of Govt Entities: RBI To Banks

Banks/ financial institutions have also been found to have violated RBI's instructions which require that in case of projects undertaken by government-owned entities, term loans should be sanctioned only for corporate bodies


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Front-loading Monetary Policy Action Can Anchor Inflation Expectations: RBI Paper

The paper has been authored by three RBI analysts, including Deputy Governor Michael Debabrata Patra who is a member of the rating setting panel Monetary Policy Committee (MPC) and also heads the key monetary policy...

17 July 2022

There Should Not Be 'intolerable Growth Sacrifice' To Tame Inflation Abruptly: MPC Member Jayanth Varma

Amid inflationary pressures remaining high in recent times, the Reserve Bank of India's MPC is moving towards a hawkish stance, with the benchmark interest rate being hiked by 90 basis points to a two-year high of 4.90 per...


RBI Allows Credit Cards To Be Linked With UPI; Check Details

RBI Governor Shaktikanta Das announced that such linking will be possible starting with the credit cards issued by the RBI-promoted National Payments Corporation of India (NPCI)

08 June 2022

RBI Announces Measures For International Trade Settlement In Rupees

Before putting in place this mechanism, banks will require prior approval from the Foreign Exchange Department of the Reserve Bank of India (RBI), the central bank said in a circular

11 July 2022

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RBI’s Twin Announcement On Co-Operative Banks To Boost Affordable Housing

RBI has expanded the individual loan limits that co-operative banks can offer and has allowed rural co-operative banks to extend finance to commercial real estate.

08 June 2022

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07 June 2022
Closing Bell: Nifty, Sensex Sell-Off To Third Day; RBI Policy In Focus

Closing Bell: Nifty, Sensex Sell-Off To Third Day; RBI Policy In Focus

Wobbly global markets, continuous foreign fund outflows and the rupee crashing to a record low against the US dollar further queered the pitch for Dalal Street


06 June 2022
What Will Be The Impact Of RBI Rate Hike On Your EMI And Economy

What Will Be The Impact Of RBI Rate Hike On Your EMI And Economy

The interest rate hike may be worrisome for existing and potential home and car loan borrowers as their interest rate and subsequent EMIs (Equated Monthly...


06 May 2022
RBI To Fight Inflation With Greater Resolve Now: Report

RBI To Fight Inflation With Greater Resolve Now: Report

The RBI, which is mandated to ensure inflation is under 6 per cent, acted with a 0.40 per cent increase in repo rate to check prices before they went...


06 April 2022
Sensex, Nifty Decline For Second Straight Session Amid Global Inflation Worries

Sensex, Nifty Decline For Second Straight Session Amid Global Inflation Worries

HDFC Bank, HDFC, Infosys, Tata Consultancy Services, Kotak Mahindra Bank and Axis Bank were among the top drags on the Sensex


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