Today, the Reserve Bank released the June 2023 issue of its monthly Bulletin. The Bulletin includes Monetary Policy Statement June 8, 2023, seven speeches, five articles and current statistics. The five articles are: I. State of the Economy; II. Weather Events and their Impact on Growth and...
Adhikari, Anand
The Reserve Bank of India has imposed a monetary penalty of Rs 1.91 crore on Axis Bank for operating a technology service provider and violating the Banking regulation Act, 1949. Section 6 of the Act, which charts the activities permissible for a bank to undertake, does not include operating ...
Governor Shaktikanta Dassaidat the Monetary Policy Committee (MPC) meeting on August 8, 2024. The repository aims to combat the spread of fraudulent digital lending apps. The RBI also announced that it will increasing transaction limits for UPI payments for tax payments and introducing “delegated...
RBI publishes its bimonthly policy every two months. The recent one was published in December 2018. The Reserve Bank of India’s sixth and last bi-monthly Monetary Policy Committee meeting in FY19 has been scheduled on 5 to 7 February 2019. ...
, RBI Governor Shaktikanta Das took the right call by recalibrating the monetary policy with effective transmission to financial markets, particularly in the context of the globally synchronised slowdown to less than 3% this year, withIndiaand China accounting for half of the global growth in 2023...
On the basis of an assessment of the current and evolving macroeconomic situation, the Monetary Policy Committee (MPC) at its meeting today (December 8, 2021) decided to: Keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 4.0 per cent. The reverse repo rate...
The Reserve Bank of India today released on its website the results of the following Surveys: 1.Consumer Confidence Survey (CCS) – January 2023 2.Inflation Expectations Survey of Households (IESH) – January 2023 3.OBICUS Survey on manufacturing sector – Q2:2022-23 4.Industrial Outlook ...
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RBI Monetary Policy: MPC keeps FY25 inflation forecast unchanged at 4.5% RBI policy: Investors should opt for short to medium-term duration funds 05-08-2024 RBI likely to keep key interest rate unchanged at 6.5%, say experts Infosys coded tax network in India, it got a Rs 32,400 cr GST...