RBI report on inflation mandate failure cannot be made made public, government tells Parliament \
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RBI report on inflation mandate failure cannot be made made public, government tells Parliament

13-Dec-2022
Union minister of state in the ministry of finance Pankaj Chaudhary on Monday informed Lok Sabha that the relevant section of the RBI Act, 1934, does not provide provisions to the Reserve Bank of India for making the report, which was written to the Centre after having failed to fulfil its inflation mandate, public.
13-Dec-2022 Business
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Policy rate hike may affect EMIs of loans \
3 min read
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Policy rate hike may affect EMIs of loans

07-Dec-2022
Bank linked their lending rates with repo rates on various term loans and this change in the repo rate will have an impact on the equated monthly instalment (EMIs) of citizens.
07-Dec-2022 Business
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2016 Demonetisation: “Can examine the manner in which decision was taken,” says SC \
5 min read
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2016 Demonetisation: “Can examine the manner in which decision was taken,” says SC

06-Dec-2022
The Supreme Court on Tuesday said that it has the power to examine the manner in which the decision for demonetisation was taken adding that the judiciary cannot fold its hands and sit just because it is an economic policy decision.
06-Dec-2022 National
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RBI imposes Rs 5-lakh penalty on Bharat Co-operative Bank \
2 min read
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RBI imposes Rs 5-lakh penalty on Bharat Co-operative Bank

05-Dec-2022
The penalty was slapped on the non-adherence, violation of directions issued under exposure norms and statutory or other restrictions - urban cooperative banks, the central bank said.
05-Dec-2022 Business
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RBI’s 3-day monetary policy meet to start today; all eyes on rate hike stance \
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RBI’s 3-day monetary policy meet to start today; all eyes on rate hike stance

05-Dec-2022
The Reserve Bank of India's three-day monetary policy committee meeting is set to commence today. Financial markets will be keenly watching the committee's rate hike stance if any, as inflation is still above the 6 per cent target band.
05-Dec-2022 Business
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India’s forex reserves rise for third straight week \
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India’s forex reserves rise for third straight week

03-Dec-2022
India's foreign exchange reserves during the week that ended on November 25 rose by USD 2.89 billion to USD 550.14 billion, the Reserve Bank of India data showed on Friday evening. This is the third consecutive week of rising reserves.
03-Dec-2022 Business
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RBI’s First Pilot Of Retail Digital Rupee From December 1. What Is E ₹-R? \
1 min read
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RBI’s First Pilot Of Retail Digital Rupee From December 1. What Is E ₹-R?

01-Dec-2022
“The Reserve Bank of India (RBI) on Tuesday said it will launch the first pilot of retail digital Rupee (e ₹-R) on Thursday to assess the stability of the complete process of digital currency creation, distribution and retail usage in real time. The central bank has already begun select launches... The post appeared first on .
01-Dec-2022 India
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RBI’s First Pilot Of Retail Digital Rupee From December 1. What Is E ₹-R? \
1 min read
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RBI’s First Pilot Of Retail Digital Rupee From December 1. What Is E ₹-R?

01-Dec-2022
“The Reserve Bank of India (RBI) on Tuesday said it will launch the first pilot of retail digital Rupee (e ₹-R) on Thursday to assess the stability of the complete process of digital currency creation, distribution and retail usage in real time. The central bank has already begun select launches... The post appeared first on .
01-Dec-2022 India
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RBI’s First Pilot Of Retail Digital Rupee From December 1. What Is E ₹-R? \
1 min read
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RBI’s First Pilot Of Retail Digital Rupee From December 1. What Is E ₹-R?

01-Dec-2022
“The Reserve Bank of India (RBI) on Tuesday said it will launch the first pilot of retail digital Rupee (e ₹-R) on Thursday to assess the stability of the complete process of digital currency creation, distribution and retail usage in real time. The central bank has already begun select launches... The post appeared first on .
01-Dec-2022 India
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RBI’s First Pilot Of Retail Digital Rupee From December 1. What Is E ₹-R? \
1 min read
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RBI’s First Pilot Of Retail Digital Rupee From December 1. What Is E ₹-R?

01-Dec-2022
“The Reserve Bank of India (RBI) on Tuesday said it will launch the first pilot of retail digital Rupee (e ₹-R) on Thursday to assess the stability of the complete process of digital currency creation, distribution and retail usage in real time. The central bank has already begun select launches... The post appeared first on .
01-Dec-2022 India
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