Call money rates may ease after RBI guv Das urges to lend in overnight mkt The SDF rate is 6.25 per cent, which is lower than the call money rate
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RBI MPC keeps repo rate unchanged, signals tight liquidity measures
RBI MPC keeps repo rate unchanged, signals tight liquidity measures Rate-setting panel considers high inflation as risk to macroeconomic stability and sustainable growth, says Shaktikanta Das
Read More »RBI to issue framework for SRO recognition for regulated entities
RBI to issue framework for SRO recognition for regulated entities Regulator will also harmonise rules for internal ombudsman mechanism of REs
Read More »RBI MPC meet: How many Rs 2,000 bank notes are still in circulation?
RBI MPC meet: How many Rs 2,000 bank notes are still in circulation? Das said that it will ‘actively’ manage the liquidity in the economy. The central bank will undertake open market operations to do so
Read More »Household savings rate plummeted to five-decade low in 2022-23: RBI
Household savings rate plummeted to five-decade low in 2022-23: RBI The household savings rate plummeted to a five-decade low in 2022-23 as people started spending after the restrictions on movement ended after the pandemic, the Reserve Bank of India said on Friday. Deputy Governor Michael Patra said the dip in net financial savings of households to 5.1 per cent of ...
Read More »India's forex reserves declines by $3.79 billion to $586.91 billion
India's forex reserves declines by $3.79 billion to $586.91 billion In the previous reporting week, the overall reserves had declined by USD 2.335 billion to USD 590.702 billion as of September 22
Read More »RBI doubles bullet repayment gold loan limits for urban co-op banks
RBI doubles bullet repayment gold loan limits for urban co-op banks The Reserve Bank of India on Friday announced doubling the lending limits for gold loans under the bullet repayment scheme for urban cooperative banks to Rs 4 lakh. “It has been decided to increase the existing limit for gold loans under the bullet repayment scheme from Rs 2 lakh ...
Read More »RBI raises guardrails ahead of global index inflows, may sell bonds
RBI raises guardrails ahead of global index inflows, may sell bonds The inflows will add to the RBI’s challenge of keeping liquidity on a leash even as it may need to buy dollars to prevent a sharp appreciation in the rupee
Read More »RBI policy hawkish, expect rate cut only in Apr-Jun 2024: Analysts
RBI policy hawkish, expect rate cut only in Apr-Jun 2024: Analysts The Reserve Bank’s status quo in policy rates and the accompanying commentary was termed as a “hawkish” pause by analysts on Friday. Many professional watchers said the fourth consecutive pause pushes their expectations of a rate cut further, with some saying it can happen only in the April-June quarter ...
Read More »Quick, easy personal loans may become difficult now as RBI tells banks, NBFCs to be more careful
Quick, easy personal loans may become difficult now as RBI tells banks, NBFCs to be more careful [ad_1] Getting quick and easy personal loan will get difficult for more and more borrowers in coming days as RBI has cautioned banks and NBFCs against the steep rise in the personal loan disbursal. Most of the lenders have been focusing more on ...
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