Reserve Bank of India
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RBI permits banks to issue RuPay Prepaid Forex cards

Further, RuPay Debit, Credit, and Prepaid Cards will be enabled for issuance in foreign jurisdictions, which can be used internationally, including in India.

published on : 8th June 2023
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MPC meet: RBI to maintain repo rate at 6.5%

Experts expect the policy stance of the central bank to remain withdrawal of accommodation, given increase in the liquidity in the banking system. 

published on : 7th June 2023
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Equity markets lower in highly volatile trade

The 30-share BSE Sensex fell 72.61 points to 62,714.86 in the initial trade. The NSE Nifty dipped 12.15 points to 18,581.70.

published on : 6th June 2023
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Supreme Court says no to urgent hearing on plea against exchange of Rs 2000 note

Urging the bench to list the plea, Upadhyay told the bench that the notifications were manifestly arbitrary. 

published on : 2nd June 2023
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PIL in Delhi HC against RBI, SBI permitting Rs 2K note exchange without ID proof

The plea also seeks a direction from the RBI and SBI to ensure that Rs 2k notes are deposited in respective bank accounts only so that black money and disproportionate assets can be identified.

published on : 22nd May 2023
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RBI governor to meet directors of banks

The Reserve Bank of India (RBI) has invited the board of directors of public and private sector banks next month to discuss issues relating to governance and supervision of banks. 

published on : 21st April 2023
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Fight against inflation not over : RBI

‘Inflation for FY24 projected to soften, but disinflation towards target likely to be slow’

published on : 21st April 2023
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RBI issues detailed norms for outsourcing of IT services by banks, NBFCs

With a view to providing REs adequate time to comply with the requirements, the norms will come into effect from October 1, 2023.

published on : 10th April 2023
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Lower oil price assumption to have favourable effect on inflation projections 

Due to the change in key macroeconomic and financial variables over the past six months, the RBI has made revisions in the baseline assumptions for projections.

published on : 7th April 2023
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RBI allows credit lines through UPI

Experts say this decision will help borrowers easily use their credit lines to pay vendors. Currently, UPI handles 75% of the retail digital payments volume in India.

published on : 7th April 2023
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Realty stocks gain up to 7 per cent as RBI pauses rate hike

The sector believes that a pause in rate hike cycle would help maintain high demand for housing units amid emerging challenges from global front.

published on : 7th April 2023
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RBI policy meet and macroeconomic data to guide market this week

The RBI will commence its 3-day monetary policy meeting on April 3, the outcome of which will be announced on April 6.

published on : 3rd April 2023
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Future of UPI: Users unlikely to be charged for transactions

Currently, end consumers are not charged for any UPI transactions, and according to experts, this might continue for another couple of years 

published on : 3rd April 2023
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RBI must assess impact before rate change

Like others, the RBI, too, is caught between the risk of underreacting and overreacting to the inflationary dynamics.

published on : 27th March 2023
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Government invites applications for RBI Deputy Governor post

The applicant should have an experience of 15 years in banking and financial market operations, said a public notice.

published on : 19th March 2023
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Global turmoil: India is resilient, says RBI Governor 

Shaktikanta Das said that India's external debt was "within manageable limits" as per all international standards and methods of assessment.

published on : 17th March 2023
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RBI may hike benchmark lending rates by 25 bps in April policy: DBS Research 

To contain the rising prices, the RBI has hiked interest rates by 250 basis points since May last year.

published on : 13th March 2023
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RBI eyes half million users in digital currency pilot project by July

RBI executive director Ajay Kumar Choudhary said on Tuesday the central bank is not in a hurry to launch the digital currency at national level and wants the process to happen gradually.

published on : 8th March 2023
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Economists divided over ex-RBI governor Raghuram Rajan’s ‘Hindu rate of growth’ comment 

Economists are divided over what former Reserve Bank of India (RBI) governor Raghuram Rajan recently said about the state of the Indian economy.

published on : 7th March 2023
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Roadblock to acquisition of land for MRTS expansion

The 0.5 hectare land is required to lay a fourth line to ensure seamless connectivity between Chennai Beach and Fort stations.

published on : 7th March 2023
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