Monday, October 25, 2021

Reserve Bank of India

RBI maintains status quo for 8th time; retains repo rate at 4 pc

This is the eighth time in a row that the Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das has maintained status quo.

Telangana 4th largest contributor to economy: RBI

Hyderabad: Just seven years into existence, Telangana, rising from being a parched poverty-ridden region, has emerged as the fourth largest contributor State to the...

Editorial: Cautious optimism

Just a flattening of infection curve will not lead to restoration of normal growth trajectory

Status quo to boost growth

The differentiating aspect of the current monetary policy review is the convincing optimism that can propel market sentiments

RBI to absorb surplus liquidity through 4 more VRRR auctions

Markets have adapted and even welcomed the VRRR in view of the higher remuneration it offers relative to the fixed rate overnight reverse repo.

RBI raises retail inflation projection for FY22 to 5.7 pc

In the previous Monetary Policy Committee (MPC) meeting in June, the RBI's CPI inflation projection for the current fiscal stood at 5.1 per cent.

RBI keeps policy rate unchanged; repo retained at 4 pc

This is the seventh time in a row that the Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das has maintained status quo.

Sensex, Nifty open marginally higher ahead of RBI’s Monetary Policy

IndusInd Bank was the top gainer in the Sensex pack, rising around 3 per cent, followed by M&M, Maruti, Bharti Airtel, Sun Pharma and NTPC.

Editorial: Tempering expectations

IMF scaling down India’s growth forecast is yet another grim reminder of the ongoing crisis and the tough recovery road ahead

RBI imposes penalties on SBI, 13 banks for violation of rules

The penalties have been imposed in exercise of powers vested in RBI under the provisions of section 47 A (1) (c) read with sections 46 (4) (i) and 51 (1), of the Banking Regulation Act, 1949, as applicable.

RBI red flags concerns around big tech in financial services

RBI's Financial Stability Report for July also noted that big tech offers a wide range of digital financial services and has a substantial footprint in the payment systems, crowdfunding, asset management

RBI raises average base rate for NBFC-MFI to 7.98%

The rate has been increased from 7.81 per cent that was applicable in the April-June quarter.

RBI hunts for entity to develop awareness campaign

Mumbai: Seeking to accelerate its general awareness campaign, the Reserve Bank of India (RBI) has started looking for an entity that can develop multimedia...

RBI allows Centrum to set up small finance bank

The PMC Bank had invited Expression of Interest (EoI) from eligible investors for investment/ equity participation for its reconstruction and had received four proposals.

Editorial: No room for complacency

Though business activity has increased sharply this month, consumer sentiment and labour market remain weak

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