Business Tit-Bits: Will Interest Rate Hikes Work???
Four successive repo rate hikes by the Reserve Bank of India (RBI) have pushed up interest rates on home loans to the pre-pandemic levels of...
Tag : RBI
RBI seeks EoIs from consultants in AI, ML for supervisory inputs
by ANI
This project was conceived to expand analysis of huge data repository with the central bank, the RBI release said, adding that externally, through engagement of...
“RBI’s Move Of Linking Credit Cards With UPI Will Benefit Fintech Like Paytm”: Brokerage Firms
by ANI
Analysts at both brokerages shared that the move would be significant for Paytm and other fintech firms, which will be able to monetise UPI payments...
RBI Hikes Repo Rate By 50 Bps To 5.90 Pc, Inflation Projection Retained At 6.7 Pc
by ANI
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...
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 — as gauged by the Reserve Bank of India’s (RBI’s) daily operations — 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...