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reserve bank of india

PAGE 9

RBI’s rosy growth forecast baffles economists

Published on Oct 28, 2024 03:29 IST

Need a more flexible AePS environment

Aadhaar Enabled Payment System photo:pradeep gaur/mint

Published on Oct 24, 2024 15:01 IST

NPCI allows Paytm to add new UPI customers

A cutlery vendor switches on Paytm, a digital payments firm, speaker for received payment details at a roadside market in Ahmedabad. (Used only for representation)

Updated on Oct 22, 2024 23:22 IST

Gurugram: 21 bankers held in cybercrime cases so far in 2024

Investigators said that multiple letters have been written to the Reserve Bank of India, department of financial services and top management of prominent private banks for modifying their internal working and verification pattern for opening accounts so that such activities could be curbed. (File Photo)

Published on Oct 22, 2024 03:22 IST

CBDC has an edge on Bitcoin, Ether: Experts to govt

CBDC has an edge on Bitcoin, Ether: Experts to govt

Updated on Oct 22, 2024 03:36 IST

Fixed deposit interest rates: See 3-year FD rates for banks like SBI, HDFC, PNB

Most of the private sector banks currently have a slightly higher FD interest rate in comparison to PSU banks

Published on Oct 20, 2024 06:58 IST

RBI just opened the door to first rate cut in 4 years: All you need to know

Bonds and stocks rise as RBI adjusts policy stance; Governor Das emphasizes caution despite confidence in aligning inflation with targets.

Published on Oct 9, 2024 08:10 IST

Sensex surges 500 points as RBI MPC changes stance to 'neutral'

Stock market today: A bird flies past a screen displaying the Sensex results on the facade of the Bombay Stock Exchange (BSE) building in Mumbai.

Published on Oct 9, 2024 04:58 IST

65-year-old woman loses ₹1.30 crore in elaborate cyber fraud scheme

A 65-year-old woman fell victim to an intricate cyber fraud scheme, losing <span class='webrupee'>₹</span>1.30 crore to scammers posing as officials from various organisations.

Published on Oct 8, 2024 07:43 IST

Is RBI moving closer to a rate cut or will that happen in December?

Published on Oct 8, 2024 02:38 IST

Court grants bail to former MD Joy Thomas in PMC bank fraud case

Court grants bail to former MD Joy Thomas in PMC bank fraud case

Updated on Oct 8, 2024 03:24 IST

RBI October monetary policy meeting begins today: Should you expect a rate cut?

RBI MPC: Starting today, the RBI's monetary policy meeting will evaluate the repo rate, currently at 6.50%. With inflationary pressures and new MPC members, decisions will consider global economic factors and the recent US interest rate cuts.

Published on Oct 7, 2024 03:05 IST

Why India must push e-commerce exports, and how

Changes in the regulatory framework for e-commerce are needed if India is to hit its ambitious target, of expanding e-commerce exports 50-fold or more in six years (Shutterstock)

Published on Oct 4, 2024 15:30 IST

India now fourth country in the world with forex reserves over $700 billion

This growth in the reserves is attributed to multiple factors including $30 billion in foreign inflows so far this year, led mainly by investments in local bonds after the inclusion in an important J.P. Morgan index.

Updated on Oct 5, 2024 07:37 IST

Mahatma Gandhi did not initially appear on Indian currency notes, find out why

The RBI finally launched the Mahatma Gandhi Series in 1996, etching his face permanently on all Indian currency notes since.

Published on Oct 2, 2024 17:39 IST

Raghuram Rajan's message to RBI on setting benchmark interest rates

Former Governor of Reserve Bank Of India (RBI) Raghuram Rajan emphasizes that inflation should reflect consumer experiences and criticizes proposals that disregard essential price components affecting everyday life.

Published on Oct 2, 2024 09:33 IST

Since withdrawal, 98% of ₹2,000 notes have been returned: RBI

The RBI announced that 98% of <span class='webrupee'>₹</span>2,000 notes have been returned since May 2023, with their total value dropping to <span class='webrupee'>₹</span>7,117 crore. These notes can still be exchanged at RBI offices.

Published on Oct 1, 2024 15:10 IST

RBI announces three new external members ahead of MPC meet: Who are they

Updated on Oct 1, 2024 15:08 IST

India's current account deficit gap widens in April-June: RBI

The Reserve Bank of India reported a current account deficit of $9.7 billion for April-June, driven by a $65.1 billion merchandise trade deficit. Net services receipts increased to $39.7 billion, while remittances rose, supporting future export growth.

Published on Sep 30, 2024 11:40 IST

General Knowledge Quiz: Stay updated and informed to be ahead in the race

By reading newspapers and going through various news websites, candidates can be confident of attempting questions related to general knowledge in competitive exams.

competitive exams

Published on Sep 29, 2024 15:12 IST

India's forex reserves hit all time high, inch closer to $700 billion

India's foreign exchange reserves rose to a record $692.3 billion by Sept. 20, increasing by $2.84 billion. The rupee strengthened due to favorable U.S. Federal Reserve actions and local stock inflows, settling at 83.70.

Published on Sep 27, 2024 12:01 IST

India's September business growth at nine-month low as demand eases, PMI shows

In September, India's business activity growth dipped to a nine-month low amid cooling demand and rising costs. The Composite PMI decreased to 59.3, but employment in the services sector surged, reflecting a positive business outlook despite rising input costs.

Published on Sep 23, 2024 05:26 IST

India 10-year bond yield posts steepest weekly fall in 4 months on US rate bets

India 10-year bond yield posts steepest weekly fall in 4 months on US rate bets

Published on Sep 13, 2024 11:36 IST

When will RBI cut rates? Shaktikanta Das' ‘staying the course’ response

Reserve Bank of India (RBI) governor Shaktikanta Das stresses the importance of maintaining policy consistency despite slight inflation dips, stating India's growth potential exceeds 7.5%. He warns against premature interest rate cuts due to ongoing inflation risks and advises global monetary prudence.

Updated on Sep 13, 2024 03:21 IST

‘RBI 90 Quiz’ offering a golden chance to win ₹10 lakh, apply here now!

In line with the 90th anniversary celebrations, RBI is hosting a 'RBI 90 Quiz' competition wherein the first prize includes <span class='webrupee'>₹</span>10 lakh. (Photo Credit: screenshot/rbi.org.in)

Published on Sep 5, 2024 08:20 IST

Consumption growth rebound is promising

Despite a contraction in government spending, investment demand, reflected in Gross Fixed Capital Formation, actually grew faster compared to the previous quarter, to 7.5%.

Published on Sep 1, 2024 18:27 IST

Growth slows to five-quarter low of 6.7% during April-June

(Representative Photo)

Published on Aug 30, 2024 13:14 IST

India growth slows to 6.7% on lower consumer spending

India growth slows to 6.7% on lower consumer spending

Published on Aug 30, 2024 12:32 IST

Saturday bank holiday: Are banks open or closed on August 31?

Saturday bank holiday: Digital banking services remain accessible on holidays, though physical banks close per RBI guidelines. Banks will close for 15 days in September 2024.

Published on Aug 30, 2024 10:21 IST

Deposit cash in ATMs using UPI, new feature launched by RBI, steps to use

Consumers will be able to access the new features as the banks gradually roll them out. (Representational Image/Pixabay)

Published on Aug 30, 2024 09:44 IST

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