Risk of inflation-induced recession low in India Staff members of the Reserve Bank of India (RBI) said in a study report published that the chances of India getting trapped in stagflation are low. When inflation increases rapidly amidst slowdown in economic growth rate, that situation is called stagflation. A study by Dev Prasad Rath, Silu … Read more
RBI on Repo Rate: reserve Bank of India (rbi) has increased the country’s economic growth rate estimate for the current financial year 2023-24 to seven percent. The central bank has increased the growth rate estimate amid strong domestic demand and increased capacity utilization in the manufacturing sector. Earlier, the central bank had projected GDP (gross … Read more
What is repo rate? Repo rate is an economic term. Simply put, it is the interest rate at which the central bank of a country lends money to commercial banks. Repo rate is a charge between a bank and RBI, which is known as Repo or Repurchase Agreement, for the banks to settle their transactions … Read more
RBI Lokpal: In recent times, the country’s top bank Reserve Bank of India is strict on the complaints of arbitrariness of banks. RBI has decided to make some changes in order to strengthen the customer grievance redressal mechanism and bring the internal ombudsman guidelines under one master guideline. This information was given by Reserve Bank … Read more
rbi: Reserve Bank of India (Reserve Bank of India) under the bi-monthly review of the Monetary Policy Committee (MPCAfter the meeting, Governor Shaktikanta Das gave complete information. During this, he kept the bank’s preparedness on everything from inflation to growth rate in the country. On one hand, he increased the gold loan limit of urban … Read more
Domestic markets rise due to RBI’s monetary policy review There was a rise in domestic markets on Friday due to the monetary policy review of the Reserve Bank of India (RBI). At 11.15 am, NIFTY was trading at 19,626.90 with a rise of 81.15 points. Whereas, BSE Sensex was trading at 65,911.23 with a gain … Read more
RBI on Repo Rate: Reserve Bank of India (Reserve Bank of India) under the bi-monthly review by the Monetary Policy Committee (MPC) meeting is being organised. The meeting started in China in October. Today during the day, RBI Governor Shaktikanta Das will give information about the decisions of the Monetary Policy Committee. It is being … Read more
The Reserve Bank of India (RBI) has proposed to increase the one-time payment limit from Rs 200 to Rs 500 through offline mode on UPI Lite to further enhance the reach and usage of digital payments. Informing about the decision taken in the three-day meeting of the Monetary Policy Committee (MPC) that began on Tuesday, … Read more
what is repo rate repo rate (Repo Rates) is an economic term used in the financial market. The term is the name of the appropriate interest rate against the reportable collateral required by the Reserve Bank of India (RBI) and other Indian banks to borrow from commercial banks and other financial institutions. RBI changes the … Read more
what is repo rate repo rate (Repo Rates) is an economic term used in the financial market. The term is the name of the appropriate interest rate against the reportable collateral required by the Reserve Bank of India (RBI) and other Indian banks to borrow from commercial banks and other financial institutions. RBI changes the … Read more