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Indian banking sector resilient, yet should keep eye on macroeconomic situation: RBI Governor

Indian banking sector resilient, yet should keep eye on macroeconomic situation: RBI Governor

🕔07:20, 17.Nov 2022

New Delhi, Nov 17 (IANS) Reserve Bank of India (RBI) Governor Shaktikanta Das on Wednesday said that despite challenges, the Indian banking sector has been resilient and improved in various performance parameters. At the same time though, he asked public as

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Rupee has behaved in an orderly manner, says RBI Governor

Rupee has behaved in an orderly manner, says RBI Governor

🕔15:55, 2.Nov 2022

New Delhi, Nov 2 (IANS) With the rupee witnessing a downward spiral for the past several weeks, even crossing the 83 mark against the US dollar, RBI Governor Shaktikanta Das on Wednesday said that the Indian currency has behaved in an

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Consumer complaints need to be resolved quickly, says RBI Governor

Consumer complaints need to be resolved quickly, says RBI Governor

🕔07:37, 29.Oct 2022

New Delhi, Oct 29 (IANS) Reserve Bank of India’s ombudsmen should ensure that consumer complaints are resolved quickly and in a fair manner, RBI Governor Shaktikanta Das said on Friday. Adressing the Annual Conference of RBI Ombudsmen in Jodhpur, he said

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RBI directs credit information companies to appoint internal ombudsman

RBI directs credit information companies to appoint internal ombudsman

🕔06:34, 7.Oct 2022

Mumbai, Oct 7 (IANS) The Reserve Bank of India (RBI) on Thursday has directed all the credit information companies to appoint an internal ombudsman by April 1, 2023. The RBI, in its Statement of Developmental and Regulatory Policies, on August 5,

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RBI does not have fixed dollar-rupee exchange rate: Governor

RBI does not have fixed dollar-rupee exchange rate: Governor

🕔13:50, 30.Sep 2022

Chennai, Sep 30 (IANS) The Reserve Bank of India (RBI) does not have any does not have any fixed dollar-rupee exchange rate and its market interventions are to curb excessive volatility, said Governor Shaktikanta Das. He also said the aspect of

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RBI hikes repo rate by 50 basis points, pegs inflation at 6.7% & eco growth at 7%

RBI hikes repo rate by 50 basis points, pegs inflation at 6.7% & eco growth at 7%

🕔11:13, 30.Sep 2022

Chennai, Sep 30 (IANS) As expected earlier, the Reserve Bank of India’s Monetary Policy Committee (MPC) in a 5:1 decision increased the repo rate by 50 basis points to 5.90 on Friday. The RBI Governor Shaktikanta Das, heading the MPC, announced

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Amid rising prices, monetary policy may keep inflation expectations firmly anchored: RBI Bulletin

Amid rising prices, monetary policy may keep inflation expectations firmly anchored: RBI Bulletin

🕔20:13, 16.Sep 2022

New Delhi, Sep 16 (IANS) With inflation remaining beyond the RBI’s tolerance level of 6 per cent for the past eight months, the central bank has noted that this underscores the need for the monetary policy to keep second order effects

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Rupee has held its own despite sharp depreciation in other currencies: RBI Governor

Rupee has held its own despite sharp depreciation in other currencies: RBI Governor

🕔07:00, 6.Sep 2022

New Delhi, Sep 6 (IANS) Despite extreme volatility in global stock markets, especially after US Federal Reserve chairman Jerome Powell’s Jackson Hole symposium remarks last week, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Monday that the Indian rupee

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Banks hike deposit rates ahead of festive season

Banks hike deposit rates ahead of festive season

🕔07:16, 18.Aug 2022

Mumbai, Aug 18 (IANS) Most banks are increasing their deposit rates for boosting deposit to support rising credit off-take as liquidity in the banking system has narrowed. The hike in deposit rates are in line with the Reserve Bank of India’s

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Benchmark bond yield rises 9 basis bps post RBI hikes repo rate

Benchmark bond yield rises 9 basis bps post RBI hikes repo rate

🕔12:36, 5.Aug 2022

Mumbai, Aug 5 (IANS) The yield on benchmark government bond yields rose sharply by 9 basis points in the morning trade after the Reserve Bank of India (RBI) announced an increase of the repo rate by 50 basis points. The yield

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Inflation to ease in second half of FY23: c

Inflation to ease in second half of FY23: c

🕔11:06, 10.Jul 2022

New Delhi, July 10 (IANS) The inflation in India is expected to ease in a gradual manner in the second half of FY23, said Shaktikanta Das, Governor, Reserve Bank of India (RBI) on Saturday. Speaking at the Kautilya Economic Conclave, organised

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Cryptocurrencies are clear danger to financial systems: RBI Governor

Cryptocurrencies are clear danger to financial systems: RBI Governor

🕔13:07, 1.Jul 2022

Reserve Bank of India (RBI) Governor Shaktikanta Das said on Thursday that cryptocurrencies are a clear danger to the financial systems, adding that we must be mindful of the emerging risks on the horizon. New Delhi, June 30 Reserve Bank

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RBI says 75% of rise in inflation projection for FY23 due to food

RBI says 75% of rise in inflation projection for FY23 due to food

🕔17:04, 8.Jun 2022

Reserve Bank of India Governor Shaktikanta Das, while estimating India’s overall retail inflation for FY23 at 6.7 per cent, said that the 75 per cent of the increase in inflation projections can be attributed to the food group. New Delhi,

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Here’s what experts have to say about RBI’s monetary policy outcome

Here’s what experts have to say about RBI’s monetary policy outcome

🕔17:03, 8.Jun 2022

The Reserve Bank of India on Wednesday raised the repo rate by 50 basis points to 4.9 per cent to tame the rising inflation, which has been now above RBI’s 6 per cent tolerance level for four months in a

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RBI raises repo rate by 50 bps, sees inflation over tolerance level till Q3FY23

RBI raises repo rate by 50 bps, sees inflation over tolerance level till Q3FY23

🕔11:17, 8.Jun 2022

The Reserve Bank of India has raised the repo rate by 50 basis points to 4.9 per cent, Governor Shaktikanta Das said on Wednesday, adding that inflation was likely to remain above the upper tolerance level for three quarters of

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May go for rate hike in June: RBI Governor

May go for rate hike in June: RBI Governor

🕔15:39, 23.May 2022

Chennai, May 23 (IANS) India’s central bank is mulling further rate hikes, said its Governor Shaktikanta Das. He also said the Reserve Bank of India (RBI) will not allow the rupee to depreciate and prevent volatility in the currency market. In

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RBI approves Rs 30,307 cr as dividend to Centre for FY22

RBI approves Rs 30,307 cr as dividend to Centre for FY22

🕔17:59, 20.May 2022

The Reserve Bank of India on Friday said its Board approved the transfer of Rs 30,307 crore surplus as dividend to the Centre for the accounting year FY22. New Delhi, May 20 (IANS) The Reserve Bank of India on Friday said

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RBI to restore regulated markets’ trading hours to pre-pandemic timings

RBI to restore regulated markets’ trading hours to pre-pandemic timings

🕔09:47, 12.Apr 2022

The trading hours of various markets regulated by the Reserve Bank will be restored, from April 18, to timings which were applicable during the pre-pandemic period, it was announced on Monday. Mumbai, April 12 (IANS) The trading hours of various markets

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RBI to restore regulated markets’ trading hours to pre-pandemic timings

RBI to restore regulated markets’ trading hours to pre-pandemic timings

🕔06:30, 12.Apr 2022

The trading hours of various markets regulated by the Reserve Bank will be restored, from April 18, to timings which were applicable during the pre-pandemic period, it was announced on Monday. Mumbai, April 12 (IANS) The trading hours of various markets

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India’s FY23 retail inflation rate projection raised to 5.7%

India’s FY23 retail inflation rate projection raised to 5.7%

🕔15:02, 8.Apr 2022

Mumbai, April 8 (IANS) The Reserve Bank of India (RBI) on Friday raised India’s retail inflation rate projection for FY23. Accordingly, inflation projection for 2022-23 has been raised to 5.7 per cent from an earlier estimation of 4.5 per cent In

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