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Tag: RBI

Business / Special

‘RBI expected to cut rates soon to soothe markets’

March 3, 2020 - by IANS

New Delhi, As the spread of coronavirus infection continues to shiver investor sentiments across the globe and with the US Federal Reserve having reduced policy rates by 50 basis points …

‘RBI expected to cut rates soon to soothe markets’ Read More
Business / News Update

RBI lifts curbs, allows Bandhan Bank to open new branch

February 26, 2020 - by IANS

Mumbai : Bandhan Bank on Tuesday said that the Reserve Bank of India has lifted the regulatory restrictions on the bank against opening a new branch considering the “efforts made by …

RBI lifts curbs, allows Bandhan Bank to open new branch Read More
National / News Update

RBI nod for Kotak Mahindra Bank promoter stake dilution

February 19, 2020 - by IANS

New Delhi: Kotak Mahindra Bank on Wednesday said it has got the final nod from RBI on the promoters’ stake dilution plan. “Reserve Bank of India has granted its final approval …

RBI nod for Kotak Mahindra Bank promoter stake dilution Read More
Business / News Update

Transmission rates improving, inflation spike factored in: RBI Guv

February 15, 2020 - by IANS

New Delhi:  Reserve Bank of India (RBI) Governor Shaktikanta Das on Saturday said the transmission of rate cuts was gradually and steadily improving and allayed any fears on the latest …

Transmission rates improving, inflation spike factored in: RBI Guv Read More
Stock market makes sharp recovery to end in green
Business / National / News Update

Sensex ends 163 pts up after MPC hints future rate cuts

February 6, 2020February 6, 2020 - by IANS

Mumbai: Indian markets closed higher for the fourth straight day on Thursday after the RBI’s Monetary Policy Committee said the policy space for future action is “available” indicating a rate cut …

Sensex ends 163 pts up after MPC hints future rate cuts Read More
Business / News Update

Status quo in rates don’t imply future action: RBI Governor

February 6, 2020 - by IANS

New Delhi: Hinting at rate cuts in its upcoming monetary policy meets, RBI Governor Shaktikanta Das on Thursday said that the status quo in repo rate should not be seen as …

Status quo in rates don’t imply future action: RBI Governor Read More
Business / News Update

RBI keeps repo rate unchanged at 5.15%

February 6, 2020 - by IANS

Mumbai: The Reserve Bank of India on Thursday kept the benchmark rate of interest unchanged at 5.15 per cent in view of the uptick in inflation. The RBI has kept the …

RBI keeps repo rate unchanged at 5.15% Read More
MPC maintains accommodative stance, keeps rates unchanged
Business / News Update

RBI hikes insurance cover on bank deposits to Rs 5 lakh

February 4, 2020 - by IANS

New Delhi, Soon after the Budget announcement, insurance cover on bank deposits has been increased from Rs 1 lakh to Rs 5 lakh effective Tuesday, the Reserve Bank of India …

RBI hikes insurance cover on bank deposits to Rs 5 lakh Read More
Business / News Update

RBI allows banks to trade in forex outside market hours

January 6, 2020 - by IANS

New Delhi:  The Reserve Bank of India (RBI) on Monday said it has permitted category-I banks to offer foreign exchange prices to users at all times, out of their Indian …

RBI allows banks to trade in forex outside market hours Read More
RBI to conduct another 'operational twist' on Monday
News Update

RBI to conduct another ‘operational twist’ on Monday

December 26, 2019 - by IANS

Mumbai, Dec 26: The Reserve Bank of India (RBI) on Thursday said it will conduct another simultaneous purchase and sale of government securities under the Open Market Operations (OMO) for Rs …

RBI to conduct another ‘operational twist’ on Monday Read More

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