Tag: RBI

RBI: Banks should bring similar business under one entity

MUMBAI: Banks that have a large conglomerate structure will now have to consolidate similar activities under one entity, according to RBI's...

RBI MPC gets 3 new external members

New Delhi: The government on Tuesday reconstituted the Reserve Bank's Monetary Policy Committee (MPC) by appointing economists Ram Singh, Saugata Bhattacharya and Nagesh...

WACR: WACR 18 bps higher than repo rate despite surplus liquidity

Mumbai: The weighted average call rate, which indicates banks' overnight cost of borrowing, closed at 6.68% on Monday, 18 basis points higher than...

Easing inflation to drive private consumption, fuel growth: RBI

The household consumption is poised to grow faster in the second quarter with easing headline inflation and revival of rural demand, the RBI...

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