RBI keeps repo rate unchanged at 6.5%

RBI Monetary Policy Committee decides to keep repo rate unchanged at 6.5 pc, says RBI Governor Shaktikanta Das. Unchanged repo rates indicate the loan interest rates too are likely to remain unchanged. RBI projects Q2 retail inflation at 6.2 pc; Q3...

RBI may continue to hold rate amid concern over inflation: Experts
The Reserve Bank is likely to continue with the pause on the key interest rate at its upcoming monetary policy review, as concerns on the inflation front and keeping the borrowing cost stable to maintain the economic growth momentum persist,...

‘No reason to rush to banks’: RBI’s assurance on Rs 2,000 note
New Delhi: No one should rush to return or exchange their Rs 2,000 notes, Reserve Bank of India (RBI) Governor Shaktikanta Das said on Monday, a day before people start approaching banks to give up the high value notes. He...

RBI to launch 1st pilot of digital rupee: 10 things to know
India's first digital rupee pilot project will commence on Tuesday with nine banks, including SBI, HDFC Bank and ICICI Bank, issuing the virtual currency for transactions in government securities. "...the first pilot in the digital rupee -- wholesale segment shall...

Lakhs of depositors in a fix as RBI cancels licence of Pune’s Rupee Coop Bank
Nagpur/Pune: The Reserve Bank of India (RBI) cancelled the licence of Pune’s Rupee Cooperative Bank, drawing a curtain over the bank that has faced restrictions since 2013. One of the major urban cooperative banks in Maharashtra, Rupee Cooperative Bank has presence...
RBI hikes key rate by 0.50% to 5.40%, highest since 2019
Nagpur/Mumbai: The Reserve Bank of India (RBI) hiked its key lending rate by 50 basis points to pre-pandemic levels of 5.40 per cent on Friday, a third increase in a row to tame surging inflation which has remained above...
Money matters: RBI launches awareness drive as unclaimed deposits rising
Maharashtra is among eight states that have the maximum amount of such money lying in banks Nagpur: With unclaimed deposits in banks rising steeply, the Reserve Bank of India (RBI) has launched a national campaign with a focus on the...
Banks to remain closed for 10 days in August in Nagpur
Overall, banks would remain closed for up to 18 days in August 2022 in varying parts of India Nagpur: According to the Reserve Bank of India (RBI) holiday calendar list, banks would remain closed for up to 18 days in August...
Rs 60,000 cr worth bank scams came to light in 1 year, says RBI in RTI reply
More than 77,000 scam have come to the fore in various banks and financial institutions during the period from April 1, 2021 to March 31, 2022 Nagpur: A reply to the RTI query has revealed that more than 77,000 scam have...
RBI ने ब्याज दरों में की 0.25% की बढ़ोतरी
भारतीय रिजर्व बैंक ने ब्याज दरों में 25 बेसिस प्वाइंट की बढ़ोतरी कर दी है. इस बढ़ोतरी के साथ रेपो रेट 6.50 फीसदी पर पहुंच गया है. विशेषज्ञों ने भी यह अनुमान जताया था कि इस बार आरबीआई...
मनी लॉन्ड्रिंग पर शिकंजा कसने के लिए RBI ने उठाया एक और कदम
नई दिल्ली: देश में मनी लॉन्ड्रिंग पर लगाम कसने के क्रम में गुरुवार को भारतीय रिजर्व बैंक (RBI) ने एक नया और सख्त कदम उठाया है। RBI ने आम बैंक से लेकर पेमेंट्स बैंक तक को यह...
राज्यों में किसान कर्ज माफी का बैंकों के एनपीए पर असर नहीं: पटेल
मुंबई : रिजर्व बैंक गवर्नर उर्जित पटेल ने आज कहा कि विभिन्न राज्यों में किसानों के कर्ज माफ करने का बैंकों की गैर - निष्पादित राशि (एनपीए) पर कोई प्रभाव नहीं पड़ा है। पिछले कुछ महीनों के दौरान कई राज्यों...
RBI to announce second bi-monthly Monetary Policy of 2018-19 today
Mumbai : The Reserve Bank of India (RBI) will announce its second bi-monthly Monetary Policy of 2018-19 on Wednesday. The meeting of the monetary policy committee (MPC), headed by RBI Governor Urjit Patel, began here on Monday. The committee will meet...
दोन हजारच्या नोटेची छपाई बंद
Representational pic नवी दिल्ली: रिझर्व्ह बॅंक ऑफ इंडियाने २००० रुपयांच्या नोटेची छपाई थांबविली असल्याची माहिती आर्थिक व्यवहार खात्याचे सचिव सुभाषचंद्र गर्ग यांनी दिली. देशात सामान्यपणे व्यवहारामध्ये ५००, २०० आणि १०० रुपयांच्या नोटांनी व्यवहार करणे सोपे जाणार आहे . गेल्या आठवड्यात देशातील चलन...
RBI keeps repo rate unchanged at 6%
New Delhi: The Reserve Bank today kept the key policy rate unchanged at 6 per cent for the fourth consecutive time since August last year in view of uncertainties around inflation. The Monetary Policy Committee, headed by RBI Governor Urjit...
RBI to issue Rs 350 coin to mark 350th birth anniversary of Guru Gobind Singh
Nagpur: The Reserve Bank of India (RBI) will be issuing a coin of denomination Rs 350 to mark the 350th birth anniversary of tenth Sikh Guru, Guru Gobind Singh. According to a Finance Ministry communication, the coin will be 44...
जल्द ही आएगा 350 रुपये का सिक्का
नई दिल्ली : भारतीय रिजर्व बैंक श्री गुरु गोविंद सिंह जी की 350 वीं जयंती पर 350 रुपये का सिक्का लाने की तैयारी में लगी हैं। वित्तमंत्रालय की अधिसूचना में बताया हैं कि, इस सिक्के का वजन 35 ग्राम होगा।...
RBI tightens noose around Bombay Mercantile Bank over ‘loan loot’
Mumbai: Acting on the media reports on the large scale corruption indulged in by Chairman of Bombay Mercantile Co-operative Bank Zeeshan Mehdi and other responsible officials of the bank, the Reserve Bank of India (RBI) has tightened the noose around...
RBI told DCCBs to show scrapped notes as loss, claims Sharad Pawar
New Delhi: NCP chief Sharad Pawar on Tuesday said the Reserve Bank refused to accept old currency notes having face value of Rs 112 crore deposited with some District Central Cooperative Banks (DCCBs) in Maharashtra post demonetisation and instead asked...
RBI puts Bank of India under watch for high bad loans; shares tumble
New Delhi: The Reserve Bank of India has put Bank of India under watch for high bad loans by initiating prompt corrective action against it, a move that will place various restrictions on the lender, including on fresh loans and...
RBI retains economic growth projection at 6.7% for FY’18
New Delhi: The The Reserve Bank today retained economic growth projection for 2017-18 at 6.7 per cent saying that the risks are evenly balanced. In its Fifth Bi-monthly Monetary Policy Statement, 2017- 18, RBI said that the second quarter growth...