RBI sells gold on high reserve, surplus transfer to Centre
The Reserve Bank of India (RBI) has sold gold worth $1.15 billion so far in its business year (July-June), along with buying gold
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RBi
Govt loans from RBI down to Rs 402 cr in week ended Oct 11
The Central government had Rs 402 crore outstanding loans with the RBI in the week ended October 11, according to a weekly statistical
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Govt already switched Rs 40,109 cr securities in FY 20: RBI
The Central government has switched securities worth Rs 40,109 crore out of the budgeted Rs 50,000 crore in the current fiscal, according to
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Indian banking sector sound, stable: RBI Governor
Days after the PMC Bank came under scanner for alleged frauds, the RBI Governor Shaktikanta Das on Friday said that all was well
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Growth Woes: RBI reduces India’s FY20 GDP growth forecast to 6.1%
The Reserve Bank on Friday reduced India’s economic growth forecast to 6.1 per cent for 2019-20 due to a continued weak consumer sentiment
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Little change in markets after RBI’s 25 bps rate cut
Sensex which had opened with a 250 points gain was up 115 points after the Reserve Bank on India on Friday slashed the
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RBI reduces key lending rate by 25 bps; maintains accomodative stance
To reverse the consumption slowdown and shore-up growth, the Reserve Bank of India on Friday reduced key lending rates for the fifth consecutive
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RBI may opt for 25 bps cut to boost growth: Experts
The Reserve Bank of India (RBI) is likely to cut policy rates by 25 basis points (bps) on Friday and is expected to
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RBI bars PMC Bank from doing business for 6 months
The Reserve Bank of India (RBI) has barred the Punjab & Maharashtra Cooperative Bank Ltd (PMC), Mumbai from carrying out the majority of
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Banks’ 2018-19 savings deposits up at Rs 39.72 lakh cr: RBI
Indian private and public sector banks (PSBs) had aggregate savings deposits of Rs 39.72 lakh crore as on March 31, 2019, while foreign
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