Tag: RBI

The Federal Reserve cut its target rate three times in 2024. So deposit rates — including money market account (MMA) rates — have started falling. It’s more important than ever to...
Maharashtra Agriculture Minister Manikrao Kokate on Sunday reiterated that the government will not discontinue the Re 1 crop insurance scheme despite recommendations to shut it down. Speaking to the media in Nandurbar, Kokate confirmed that...

Look up who you are paying via NEFT soon

MUMBAI: RBI has asked the National Payments Corporation of India to develop a facility to allow customers using online fund transfer...

RBI sets up panel for ethical AI use

MUMBAI: RBI has formed a panel to guide ethical AI adoption in the financial sector. The committee on Framework for Responsible...

Depreciation of rupees helps exports more than an appreciating currency helping in imports: RBI study

A cost-benefit analysis of exchange rate movements shows that the benefits of depreciation of the Rupee, adjusted for inflation, is more in the...

Sops announced by states may divert resources away from infra development: RBI article

Sops announced by several states in their 2024-25 Budgets may divert resources away from critical social and economic infrastructure development, an RBI article...

New RBI Governor: 3 potential changes to track under Finance Ministry insider Sanjay Malhotra

As yet another Finance Ministry insider and revenue secretary Sanjay Malhotra takes charge of the Reserve Bank of India (RBI) from Wednesday, market...

IITian at RBI’s helm: What awaits Sanjay Malhotra at Central bank

After Shaktikanta Das, another finance ministry bureaucrat has been appointed as the governor of the Reserve Bank of India (RBI). Revenue Secretary Sanjay...

Need to go beyond ‘band-aid’ to address liquidity: Economists

Mumbai: The Reserve Bank of India (RBI) will have to infuse more liquidity into the banking system through additional measures as the expected...

India’s forex reserves rise to $658.09 billion ending consecutive weeks of decline | India Business News

India's forex reserves rise to $658.09 billion NEW DELHI: India's foreign exchange reserves increased by $1.51 billion to $658.09 billion in the...

RBI provides relief to small farmers in latest MPC meet, collateral free agricultural loan limit increased to Rs 2 lakh

Reserve Bank of India Governor Shaktikanta Das on Friday said that it has been decided to increase the limit for collateral free agricultural...

Avoiding ATM fake shutter fraud: Why some ATMs will now retract cash as per RBI mandate

ATMs are equipped with a mechanism that automatically retrieves unattended currency notes. (AI image) ATM cash retraction new rules: The Reserve Bank...

RBI on tricky terrain of high inflation and slowing growth

Mumbai: December 11, 10 am. The person in the 18th floor corner room of the central bank's Mint Street Tower would have to...

Forex reserves record biggest weekly drop as RBI moves to support Rupee

MUMBAI: India's foreign-exchange stockpile shrank the most on record last week, surpassing the absolute decline last seen during the peak of the global...

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