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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 ...
Money and Banking Quantity theory of Money, Neutrality of money, IS-LM Model and AD-AS Models, Money Multiplier, Monetary Policy Theories of Economic Growth Theories of growth, Classical and neoclassical approaches, Theories of Economic Development International trade and Balance of payments Theories ...
The RBI Grade B Salary Slip shared below will give candidates an idea of the salary received by an RBI Employee in April 2024. Please note, that there have been increments and revisions in the salary yearly. RBI Grade B Salary 2024: Increments The RBI Grade B Salary will be increased as ...
RBI to consider advance GDP figures when framing monetary policyShamik Paul
The article presents quotes from Indian politicians and corporate heads on monetary policy review by Reserve Bank of India including Pranab Mukherjee, Finance Minister of India favoring the changes, D. Subbarao, Governor of Reserve Bank of India on reduction in repo rate and Adi Godrej, President ...
The move of Reddy has surprised bankers because they believe that he would ease up on tightening monetary policy. It is noted that Reddy has increased the cash reserve ratio (CRR) by another 50 basis points to 7 percent and removed the crore cap on daily reverse repos under liquidity ...
RBI tightens monetary policyBySaumitra Chaudhury
Monetary policy: RBI cuts repo, CRR by 25 bps each to shore up growthDinesh Unnikrishnan
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