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 ...
Adhikari, Anand
The Reserve Bank of India (RBI) will create a public repository for Digital Lending Apps, 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 w...
In today’s policy announcement, while the RBI kept the policy rate unchanged – given the high inflation prints – it announced a number of measures to support growth. The announcement of the LTROs to provide durable liquidity and the CRR relief for on-lending to the auto, the housing and...
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. ...
The Reserve Bank of India (RBI) is the central bank of India which oversees the monetary policy of the country. The objective of the monetary policy is to control the inflation by making changes to the money supply through various tools. Answer and Explanation: 1 Become a Study.com member...
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
Who decides the monetary policy in India? What is the Service Corp of Retired Executives (SCORE)? Who were the two men who organized our currency? What is the stated purpose of the IMF? How many nations participate in it...
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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...