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Economists have termed RBI’s bond purchases this year— ₹5.3 trillion year-to-date—as unprecedented. Overall, RBI has infused ₹7.4 trillion in the banking system using tools such as open ...
The rally reflects growing market confidence that the RBI has entered a sustained easing cycle. Traders and institutional investors are now pricing in another 50–75 basis points of rate cuts ...
Despite RBI's repo rate cuts, deposit rates remain high, impacting banks' cost of funds. While home loan borrowers benefit, depositors see limited gains due to investor shifts and liquidity pressures.
MUMBAI, April 24 (Reuters) - The decision by India's central bank to cut rates and flood the banking system with cash will do little to immediately boost demand in Asia's third-largest economy as ...
The Reserve Bank of India (RBI) has decided to operationalise the exclusive internet domain ‘.bank.in’ for banks to combat the increasing instances of fraud in digital payments. All banks have ...
Arvind Kapil, Managing Director & CEO of Poonawalla Fincorp, called the RBI monetary policy a “mature and forward-looking move” that will help “deepen credit access and drive inclusive ...
A man walks past the RBI logo at RBI headquarters in Mumbai, Friday, Feb. 7, 2025.(Shashank Parade/PTI) The cut, the second this year, aims to boost a slowing economy grappling with the impact of ...
They will also need to ensure timely KYC updates at regular intervals, as directed under the RBI’s KYC norms. The new rules will enable a minor of any age to be able to set up and operate a savings or ...
(Freepik) With banks reducing deposit rates, investing in RBI Floating Rate Savings Bonds is an ideal alternative, especially for senior citizens who depend on stable, regular income. The bonds ...
The RBI remains committed to providing sufficient liquidity in the system, says the RBI chief. The liquidity was in deficit in January and then turned in surplus owing to a host of measures, he says.
KOCHI: The Kerala High Court has ordered the constitution of a permanent monitoring committee comprising senior officers from each department for the maintenance and upkeep of the Marine Drive ...
The RBI has sent a letter of displeasure to Bajaj Finance regarding its co-branded credit card operations. (Image/X) Furthermore, the RBI letter also argued that the company cannot absolve itself ...
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