RBI Repo Rate: An important announcement regarding the repo rate has been made by the Reserve Bank of India on the last day of the Monetary Policy Committee (MPC) meeting under the bi-monthly review. Bank Governor Shaktikanta Das said that the apex bank has again kept the repo rate intact. This is the sixth time … Read more
All Agency Banks to remain open for public on March 31, 2024 (Sunday). The Government of India has made a request to keep all branches of the banks dealing with Government receipts and payments open for transactions on March 31, 2024 (Sunday) so as to account for all the… pic.twitter.com/9j9ZYvaPm7 — ANI (@ANI) March 20, … Read more
The Monetary Policy Committee of the Reserve Bank of India has maintained the policy rate repo at 6.5 percent for the sixth consecutive time. Announcing the bi-monthly monetary policy review, RBI Governor Shaktikanta Das said that amidst uncertainty at the global level, the country’s economy is showing strength, on one hand economic growth is increasing, … Read more
RBI Monetary Policy: Interim Budget (Interim Budget 2024) after the Reserve Bank of India (Reserve Bank of India) is going to hold bi-monthly monetary policy meeting. The meeting is going to be held on February 6. It will be organized for three days. On February 8, Reserve Bank Governor Shaktikanta Das (Shaktikanta Das) will announce … Read more
Maharashtra Once again there has been a threat regarding bomb blast. This time RBI office, HDFC Bank and ICICI Bank were targeted. RBI has received a threatening email regarding information about a bomb. In which information was given about bombs in banks. The resignation of the Union Finance Minister and the RBI Governor has been … 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 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