from October 8 it can be, you know, deposited in or exchanged in the Reserve Bank in the issue offices of the Reserve Bank, which is there in almost every state capital we have presence. So there are 19 of them, Das told reporters
The intent behind the large exposure framework is essentially to limit the exposures to a single entity or group as it poses a potentially higher risk in case of a business setback
RBI Governor Shaktikanta Das said the central bank is concerned and it has identified high inflation as a major risk to macro-economic stability and sustainable growth
Reserve Bank of India has decided that the standing deposit facility (SDF) will remain unchanged at 6.25 per cent and the marginal standing facility (MSF) and bank rates unchanged at 6.75 per cent.
Mumbai: With inflation showing no signs of abatement, the Reserve Bank is likely to increase the benchmark lending rate in quick succession in its forthcoming monetary policy review on Wednesday, a hint for which has already been given by Governor Shaktikanta Das, opined experts. There are speculations that the central bank may go for at […]