rbi: Real GDP in the country (GDPConditions are being created for GDP growth to accelerate, but prolonged global tensions coupled with adverse weather events may pose a risk of inflation. This has been said in the April Bulletin of RBI. consumer price Index (CPI) based retail inflation declined to 4.9 percent in March. Earlier in … Read more
rbi: Soon common people will be free from the trouble of roaming around with debit cards in their pockets. Almost all your work will be done through Unified Payment Interface (UPI). Yes, now you will be able to deposit money in your account with the help of UPI. There will be no need to visit … Read more
RBI: Reserve Bank of India is soon going to launch a mobile app to access the RBI Retail Direct Scheme for the convenience of investors. Bank Governor Shaktikanta Das gave this information while giving information about the decisions taken in the first monetary policy review meeting of the current financial year. RBI’s Retail ‘Direct Scheme’ … Read more
RBI MPC: Today is the last day of the two-monthly meeting of the Monetary Policy Committee (MPC) of the Reserve Bank of India for the new financial year (2024-25). It is being told that at 10 am in the morning, the Governor of the Reserve Bank will hold a press conference and give information about … Read more
RBI MCP: The bi-monthly meetings of the Monetary Policy Committee (MPC) for the new financial year (2024-25) of the Reserve Bank of India started from today. According to an official statement, the monetary review will be announced on April 7. Usually, the members of the six-member committee vote on a proposal on the third day … Read more
rbi: Many countries of the world are facing economic problems. Whereas, India’s economy is growing rapidly. In such a situation, the whole world is praising the economic reforms taking place in our country. The Reserve Bank of India (RBI) is also being praised a lot for these reforms. Global rating agency S&P Global has now … Read more
RBI on G-Sec: On the New Year, the country’s top bank Reserve Bank of India has given a New Year gift to the investors. Making a major change in its rules, the apex bank has allowed investors to take and give loans in government securities. It is being told that the bank has issued these … Read more
Foreign Exchange Reserves Foreign Exchange Reserves: India’s foreign exchange reserves have increased to US $ 604 billion on December 1. For the first time in four months, foreign exchange reserves have crossed 600 billion dollars. Earlier on August 11 this year, the foreign exchange reserves were above 600 billion dollars. Foreign Exchange Reserves Reserve Bank … Read more
RBI Bond The Reserve Bank of India (RBI) said that retail investors can now purchase Floating Rate Savings Bonds, 2020 (Taxable) through its Retail Direct portal. RBI Bond Prime Minister Narendra Modi launched the RBI-Retail Direct Scheme on November 12, 2021. This scheme has made it easier for retail investors to access government securities by … Read more
RBI Action on ICICI and Kotak Mahindra Bank: On one hand, the Reserve Bank has imposed a huge financial penalty on private sector ICICI and Kotak Mahindra for violation of regulatory rules. On the other hand, new instructions have also been given to banks regarding KYC. It is being told that the Reserve Bank of … Read more