RBI boosts repo rate to 4.9…
Administrator_India | June 8, 2022 | 1
The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) unanimously decided on Wednesday to raise the benchmark policy rate by 50 basis points, bringing the repo […]
To protect the rupee, the RBI…
Administrator_India | May 11, 2022 | 0
When the Federal Reserve tightens, the Reserve Bank of India tries to defend its currency once more. Analysts expect it to launch a more limited defense this time, geared at […]
RBI risks falling behind curve on…
Administrator_India | March 30, 2022 | 0
India’s central bank may have to pay a bigger price for ignoring inflation by tightening interest rates much more aggressively later, as the Federal Reserve is doing now, according to the […]
Reserve Bank of India to prematurely…
Administrator_India | February 9, 2022 | 0
The Reserve Bank of India (RBI) has decided to prematurely redeem sovereign gold bonds (SGBs), which were issued in 2016 at a price of Rs 4,813 per unit of SGB. Under central government rules, […]
India’s economy may have grown 22.1%…
Administrator_India | July 16, 2021 | 0
By Administrator_India Capital Sands The tapering of the second Covid-19 wave, coupled with an aggressive vaccination push, has brightened the near-term prospects for the Indian economy, and real gross domestic […]
Retail inflation eases slightly to 6.26%,…
Administrator_India | July 13, 2021 | 0
By Administrator_India Capital Sands India’s retail inflation eased marginally to 6.26 per cent in June from 6.30 per cent in the previous month owing to moderation in rural inflation, even as it […]
RBI cancels the licence of West…
Administrator_India | May 14, 2021 | 0
By Administrator_India Capital Sands The Reserve Bank of India (RBI) on Thursday said it has cancelled the licence of United Co-operative Bank Ltd, Bagnan in West Bengal due to poor […]
Rupee falls sharply to the dollar…
Administrator_India | October 27, 2020 | 0
By Administrator_India Capital Sands The Indian rupee depreciated sharply on Monday as Europe got under a renewed grip of the coronavirus pandemic and risk aversion pushed the dollar index higher. […]
India’s cenbank surprises with reverse repo…
Administrator_India | April 17, 2020 | 0
By Administrator_India Capital Sands The Reserve Bank of India unexpectedly cut its key deposit rate on Friday, for the second time in three weeks, to discourage banks from parking idle […]
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