RBI Hikes Repo Rate By 50 Bps To 5.90 Pc, Inflation Projection Retained At 6.7 Pc
The Reserve Bank of India (RBI) on Friday hiked repo rate by 50 basis points to 5.90 per cent in order to control the rising...
Tag : RBI
Headlines: Rupee Plummets Once Again, Hits Record Low Against Dollar At 82
by Arti Ghargi
The rupee hit a new record low as the dollar soared to fresh highs on Wednesday after the White House downplayed the possibility of a...
Featured Pleas Challenging Demonetisation To Be Heard By SC On Wednesday
by ANI
The Supreme Court on Wednesday will hear pleas challenging the centre’s decision to demonetise currency notes of Rs 500 and Rs 1,000 in 2016. Five...
Business Tit-Bits: Liquidity- From Surplus To Deficit
Liquidity in the banking system ā as gauged by the Reserve Bank of Indiaās (RBIās) daily operations ā has slipped into a deficit mode for...
Headlines: Schools Shut Noida, Work From Home Ordered In Gurugram As Delhi, Millenium City Grapples With Flood
by Arti Ghargi
“Rains continued to lash parts of Delhi, leading to waterlogging and affecting traffic movement in several areas of the national capital. Normal life has been...
Reserve Bank Of India Lifts PCA Restrictions On Central Bank Of India
by ANI
“Central Bank Of India is not in the breach of the PCA parameters,” RBI said in a statement Mumbai: The Reserve Bank of India has...
India’s Forex Reserves Decline By $2.23 Billion, Reaching Their Lowest Level In Two Years
by ANI
This is the sixth weekly fall in the country’s forex reserves Mumbai: India’s foreign exchange (forex) reserves dropped by $2.234 billion to $550.871 billion for...
“Economy Expected To Grow By 7.5% This Year”: PM Modi
PM Modi also said that India is working hard to become a manufacturing hub while highlighting various aspects of the country’s economy New Delhi: Speaking...
Featured UP: Four Officers Suspended After Rs 42 Lakh Notes Melt In PNB Currency Chest, Were Kept In Iron Box
by Tejas Joshi
A shocking case related to the banking system has come to light in Kanpur, Uttar Pradesh. Notes of 42 lakh rupees melted in the currency...
Rupee Co-operative Bank Will Cease To Carry On Banking Business From Sept 22: RBI
by ANI
The Commissioner for Cooperation and Registrar of Cooperative Societies, Maharashtra has also been requested to issue an order for winding up the bank and appoint...