Bomb Threats In Mumbai: Sender Demands FM Nirmala Sitharaman’s Resignation
A panic-inducing threat email was sent to the Reserve Bank, alleging 11 bomb blasts in Mumbai, despite an extensive search, no suspicious items were found...
Tag : Reserve bank
“RBI Could Continue To Intervene In Forex Markets If Uncertain Rate Hike Continues”: MOFSL
by ANI
With a view to preventing a steep depreciation in the rupee, the RBI typically intervenes in the market through liquidity management, including through the selling...
Why RBI’s rate cut won’t lower your EMI?
by News Desk
The Reserve Bank, in its bi-monthly monetary policy meeting (MPC), cut benchmark interest rates by an unprecedented 35 basis points or 0.35%, which now takes...
Admitting slowdown, RBI lowers growth forecast to 6.9%
Mumbai | With the headwinds to growth rising from all around, Reserve Bank governor Shaktikanta Das Wednesday admitted the economy is in a slowdown mode, but...
Business Tit-Bits: Will rate cuts revive the economy?
Ever since Shaktikanta Das has taken over the reins of the RBI, he has affected rate cuts. There have been three rate cuts this year...
Business Headlines : Interest Rates Cut – RBI’s Monetary Policy Decoded
The RBI’s first bi-monthly monetary policy was announced for the year today. The monetary policy committee (MPC) decided to cut interest rates or repo rate...
A Rate Cut is not Enough
by News Desk
As was widely predicted by the market mavens, the Monetary Policy Committee (MPC) of the Reserve Bank cut the benchmark interest rate, the repo rate...
Black Money, Demonetisation and the Income Tax Department
by News Desk
The controversial demonetisation, which is often touted to be one of the biggest reforms undertaken by the Modi government, is back in the news. A...
Reserve Bank employees’ 2-day mass leave programme deferred
Kolkata | The two-day mass casual leave on September 4 and 5 called by the United Forum of Reserve Bank Officers and Employees (UFRBOE) has been...
Rupee recovers from life low, up 23 paise
Mumbai | The rupee recovered from all-time low of 69.91 and strengthened by 23 paise to 69.68 against the US dollar in opening trade at the...